Grove Collaborative (GROV) director reports 45,057 RSU share vesting
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) reported an insider equity transaction by a director. On 11/17/2025, the director exercised 45,057 restricted stock units (RSUs), receiving an equal number of Class A common shares. To cover tax withholding obligations tied to this vesting event, the company retained 16,077 shares at a price of $1.47 per share, which reduced the number of shares the director kept. After these transactions, the director beneficially owned 1,497,654 Class A shares directly and 123,558 shares indirectly through The Landesberg Living Trust. Each RSU represents the right to receive one Class A share, and the RSU award vests in twelve equal installments each February 15, May 15, August 15 and November 15 beginning May 15, 2023, with accelerated vesting in certain change-of-control termination scenarios. The RSUs have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 45,057 | $0.00 | -- |
| Exercise | Class A Common Stock | 45,057 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 16,077 | $1.47 | $24K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock 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. These securities are directly held by The Landesberg Living Trust, dated October 15, 2021, for which the Reporting Person and his spouse serve as co-trustees. 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, 2023, 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 Grove Collaborative (GROV) report in this Form 4?
The Form 4 reports that a director of Grove Collaborative Holdings, Inc. (GROV) exercised 45,057 restricted stock units (RSUs) on 11/17/2025, receiving the same number of Class A common shares.
What is a restricted stock unit (RSU) in the context of GROV’s Form 4?
The filing states that each restricted stock unit (RSU) represents a contingent right to receive one share of Class A common stock of Grove Collaborative Holdings, Inc.
What is the vesting schedule of the RSUs reported for Grove Collaborative (GROV)?
According to the footnotes, the RSUs vest in twelve equal installments on February 15, May 15, August 15 and November 15 of each year, beginning on May 15, 2023. Vesting accelerates after a change in control if the director is terminated without cause or resigns for good reason.
Do the Grove Collaborative (GROV) RSUs reported in this Form 4 have an expiration date?
The filing specifies that the RSUs have no expiration date, meaning they do not lapse based on a fixed end date but are governed by their vesting and service conditions.