Grove Collaborative (GROV) CEO granted 397,552 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yurcisin Jeffrey Michael reported acquisition or exercise transactions in this Form 4 filing.
Grove Collaborative Holdings, Inc. President & CEO Jeffrey Michael Yurcisin received a grant of 397,552 restricted stock units on March 6, 2026. Each RSU represents a contingent right to receive one share of Class A common stock.
The RSUs will vest in twelve equal installments on each February 15, May 15, August 15 and November 15 of each year, beginning on May 15, 2026. Vesting accelerates after a change in control if his services are terminated by the company without cause or he resigns for good reason. The RSUs have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yurcisin Jeffrey Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 397,552 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 397,552 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock These RSUs will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2026, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason. The RSUs have no expiration date.
FAQ
What insider transaction did GROV report for Jeffrey Michael Yurcisin?
Grove Collaborative reported that President & CEO Jeffrey Michael Yurcisin was granted 397,552 restricted stock units on March 6, 2026. Each RSU gives him a contingent right to receive one share of Class A common stock, subject to the vesting schedule and conditions.
How many restricted stock units were granted to GROV’s CEO in this Form 4?
Jeffrey Michael Yurcisin received a grant of 397,552 restricted stock units. After the transaction, he held 397,552 RSUs directly. Each RSU corresponds to one share of Class A common stock if and when the unit vests under the stated conditions.
What is the vesting schedule for the 397,552 GROV restricted stock units?
The 397,552 RSUs vest in twelve equal installments on February 15, May 15, August 15 and November 15 of each year, beginning on May 15, 2026. If a vesting date falls on a weekend or federal holiday, vesting occurs on the next business day.
Under what conditions do the GROV CEO’s RSUs vest faster?
The RSUs have accelerated vesting following a change in control if Jeffrey Michael Yurcisin’s services are terminated by the company without cause, or if he resigns for good reason. In those circumstances, vesting can be brought forward rather than following the regular installment schedule.
Do the GROV restricted stock units reported have an expiration date?
The restricted stock units reported for Jeffrey Michael Yurcisin have no expiration date. They remain outstanding until they either vest or are otherwise forfeited under their terms, with vesting tied to the installment schedule and potential acceleration after certain change-in-control events.