Grove CEO exercises RSUs, covers taxes in shares
Grove Collaborative Holdings, Inc. President & CEO Jeffrey Michael Yurcisin reported compensation-related equity activity in Class A Common Stock on May 15, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. President & CEO Jeffrey Michael Yurcisin reported compensation-related equity activity in Class A Common Stock on May 15, 2026. He exercised restricted stock units (RSUs) into a total of 101,421 shares of common stock, reflecting equity awards converting into shares.
To satisfy tax obligations tied to these vestings, the company retained 24,698 shares at $1.24 per share. These tax-withholding dispositions were not open-market sales. Each RSU represents a contingent right to receive one share of Class A Common Stock and vests in scheduled quarterly installments, with certain awards providing for accelerated vesting following a change in control under specified termination conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,250 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 44,541 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 33,130 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 21,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 5,175 | $1.24 | $6K |
| Exercise | Class A Common Stock | 2,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 609 | $1.24 | $755.16 |
| Exercise | Class A Common Stock | 44,541 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 10,846 | $1.24 | $13K |
| Exercise | Class A Common Stock | 33,130 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 8,068 | $1.24 | $10K |
Footnotes (7)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- F2. These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- F3. These RSUs vest 25% on August 15, 2024, and then in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- F4. The RSUs have no expiration date.
- F5. These RSUs will vest in quarterly installments each February 15, May 15, August 15 and November 15 commencing on May 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
- F6. 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, 2025, 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.
- F7. 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.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
change in control financial
good reason financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did GROV President & CEO Jeffrey Yurcisin report on this Form 4?
Were Jeffrey Yurcisin’s GROV transactions open-market buys or sales?
How do Jeffrey Yurcisin’s GROV RSUs vest over time?
Do any of Jeffrey Yurcisin’s GROV RSUs have accelerated vesting features?
AI-generated analysis. How Rhea-AI works. Not financial advice.