Grove CFO exercises RSUs, withholds shares for taxes
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 361 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 272 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,348 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,333 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,954 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,250 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 361 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 149 | $1.52 | $226.48 |
| Exercise | Class A Common Stock | 272 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 112 | $1.52 | $170.24 |
| Exercise | Class A Common Stock | 1,348 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 554 | $1.52 | $842.08 |
| Exercise | Class A Common Stock | 5,333 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,191 | $1.52 | $3K |
| Exercise | Class A Common Stock | 2,500 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,027 | $1.52 | $2K |
| Exercise | Class A Common Stock | 6,954 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,857 | $1.52 | $4K |
| Exercise | Class A Common Stock | 6,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,568 | $1.52 | $4K |
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 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.
- F4. The RSUs have no expiration date.
- F5. 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.
- F6. 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.
- F7. 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
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What did Grove (GROV) CFO Thomas Siragusa report in this Form 4?
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How do the Grove (GROV) RSU vesting schedules work for the CFO awards?
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