GROV insider filing: CEO Yurcisin RSU conversions and tax withholdings
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) reported insider equity activity for President & CEO and director Jeffrey Yurcisin on 11/17/2025. Multiple restricted stock unit (RSU) awards were converted into Class A Common Stock through transactions coded "M", with shares withheld in "F" transactions at $1.47 per share to cover tax obligations. Following these transactions, Yurcisin directly beneficially owned 514,395 shares of Class A Common Stock and continued to hold several RSU grants, including awards covering 21,250, 2,500, 40,000, and 44,541 underlying shares that vest over time subject to continued service and, for one grant, change-in-control conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 21,250 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 40,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 44,541 | $0.00 | -- |
| Exercise | Class A Common Stock | 21,250 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,175 | $1.47 | $8K |
| Exercise | Class A Common Stock | 2,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 609 | $1.47 | $895.23 |
| Exercise | Class A Common Stock | 40,000 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 9,740 | $1.47 | $14K |
| Exercise | Class A Common Stock | 44,541 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 10,846 | $1.47 | $16K |
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 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. The RSUs have no expiration date. 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. 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.
FAQ
What insider transaction did GROV report for its CEO on 11/17/2025?
Grove Collaborative Holdings, Inc. reported that President & CEO and director Jeffrey Yurcisin had multiple RSU awards converted into Class A Common Stock on 11/17/2025, along with share withholdings for taxes.
What does each RSU represent in the GROV CEO’s Form 4 filing?
Each restricted stock unit (RSU) represents a contingent right to receive one share of Grove Collaborative Holdings, Inc. Class A Common Stock, as noted in the explanation of responses.
How do the 21,250 RSUs reported for GROV vest?
The 21,250 RSUs vest 25% on August 15, 2024, with the remaining units vesting in twelve equal quarterly installments thereafter, subject to the CEO’s continued service.
What is the vesting schedule for the 44,541 RSUs in the GROV CEO grant?
The 44,541 RSUs vest in twelve equal installments on each February 15, May 15, August 15, and November 15 of each year beginning May 15, 2025, with accelerated vesting after a change in control if certain termination conditions occur.
Do the GROV RSU awards reported have an expiration date?
The explanation states that the RSUs have no expiration date; they settle in Class A Common Stock as they vest under their respective schedules.