Grove (NYSE: GROV) CFO nets Class A shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. reported that CFO Thomas Siragusa completed a series of equity compensation transactions involving restricted stock units and Class A Common Stock. On February 15, 2026, multiple RSU awards were exercised or converted into Class A shares at a price of $0.00 per share, increasing his direct ownership. In connection with these vestings, a portion of the Class A shares was automatically withheld at $1.52 per share to satisfy tax withholding obligations, with the company retaining those shares as noted in the footnotes. After these transactions, Siragusa directly owned 74,003 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,018 shares exercised/converted
Mixed
21 txns
Insider
Siragusa Thomas
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 361 | $0.00 | -- |
| Exercise | Restricted Stock Units | 272 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,348 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,333 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,954 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,250 | $0.00 | -- |
| Exercise | Class A Common Stock | 361 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 149 | $1.52 | $226.48 |
| Exercise | Class A Common Stock | 272 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 112 | $1.52 | $170.24 |
| Exercise | Class A Common Stock | 1,348 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 554 | $1.52 | $842.08 |
| Exercise | Class A Common Stock | 5,333 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,191 | $1.52 | $3K |
| Exercise | Class A Common Stock | 2,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,027 | $1.52 | $2K |
| Exercise | Class A Common Stock | 6,954 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,857 | $1.52 | $4K |
| Exercise | Class A Common Stock | 6,250 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,568 | $1.52 | $4K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Class A Common Stock — 60,804 shares (Direct)
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 will vest in 16 equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on February 15, 2026, 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 16 equal installments on each February 15, May 15, August 15 and November 15 until becoming fully vested on August 15, 2026, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date. 1/12th of the shares subject to the Award shall vest on each of the Company's Standard Quarterly Vesting Dates (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 with the first quarterly vesting date in the next calendar quarter following the Vesting Commencement Date. These RSUs will vest in 12 quarterly installments each February 15, May 15, August 15 and November 15 commencing on May 15, 2025, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
FAQ
What did Grove (GROV) CFO Thomas Siragusa report in this Form 4?
CFO Thomas Siragusa reported the vesting and conversion of several restricted stock unit awards into Class A Common Stock on February 15, 2026, along with related tax-withholding share dispositions. These transactions reflect routine equity compensation activity rather than open-market stock purchases or sales.
What are the terms of the Grove (GROV) restricted stock units held by the CFO?
Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock. The RSUs vest in scheduled installments on February 15, May 15, August 15, and November 15, subject to CFO Thomas Siragusa’s continued service with Grove Collaborative through each vesting date.
How do the Grove (GROV) RSU vesting schedules work for the CFO awards?
Certain RSU awards vest in 16 equal installments on the standard quarterly dates until fully vested in 2026, while others vest in 12 quarterly installments beginning May 15, 2025. Vesting continues only if CFO Thomas Siragusa remains in service with Grove through each scheduled date.