Grove Collaborative CFO Form 4 details RSU conversions and taxes
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) reported insider equity activity for its CFO related to restricted stock unit (RSU) vesting on 11/17/2025. Multiple RSU awards were converted (coded “M”) into Class A common shares, and a portion of the newly delivered shares was withheld (coded “F”) by the company at $1.47 per share to cover tax obligations, with the amount retained stated as not exceeding the tax liability.
After the reported transactions, the CFO beneficially owned 60,443 shares of Class A common stock directly, along with ongoing RSU holdings that continue to vest over time. The RSU grants each represent the right to receive one share of Class A common stock, with various schedules vesting in quarterly installments on February 15, May 15, August 15 and November 15, some running through February 15, 2026 and August 15, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 352 | $0.00 | -- |
| Exercise | Restricted Stock Units | 272 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,348 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,334 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,954 | $0.00 | -- |
| Exercise | Class A Common Stock | 352 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 126 | $1.47 | $185.22 |
| Exercise | Class A Common Stock | 272 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 98 | $1.47 | $144.06 |
| Exercise | Class A Common Stock | 1,348 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 483 | $1.47 | $710.01 |
| Exercise | Class A Common Stock | 5,334 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,909 | $1.47 | $3K |
| Exercise | Class A Common Stock | 2,500 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 895 | $1.47 | $1K |
| Exercise | Class A Common Stock | 6,954 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,489 | $1.47 | $4K |
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 insider activity did Grove Collaborative (GROV) disclose in this Form 4?
The filing reports that the Grove Collaborative Holdings, Inc. CFO had several restricted stock unit (RSU) awards convert into Class A common stock on 11/17/2025, with some of the resulting shares withheld by the company to satisfy tax withholding obligations.
What do the RSUs in this Grove (GROV) filing represent?
Each restricted stock unit (RSU) represents a contingent right to receive one share of Grove Collaborative Holdings, Inc. Class A common stock, subject to the vesting conditions of the specific award.
What are the main vesting schedules for the Grove (GROV) CFO’s RSUs?
Some RSUs vest in 16 equal installments on February 15, May 15, August 15 and November 15 until fully vested on February 15, 2026 or August 15, 2026, while others vest in 12 quarterly installments on those same dates commencing on May 15, 2025, in each case subject to continued service.
Do the Grove (GROV) RSUs reported have an expiration date?
The filing states that the RSUs have no expiration date; they are governed by their vesting schedules and the reporting person’s continued service with the company.