Grove director exercises 59,200 RSUs into shares
Grove Collaborative Holdings director John B. Replogle reported the vesting and settlement of 59,200 Restricted Stock Units (RSUs) into the same number of shares of Class A Common Stock at an exercise price of $0.0000 per share.
Rhea-AI Filing Summary
Grove Collaborative Holdings director John B. Replogle reported the vesting and settlement of 59,200 Restricted Stock Units (RSUs) into the same number of shares of Class A Common Stock at an exercise price of $0.0000 per share. Following this derivative exercise, he directly owns 564,902 Class A shares. The filing also shows an additional 53 Class A shares held indirectly through Replogle Family LLC, for which he serves as manager.
Positive
- None.
Negative
- None.
Insider Trade Summary
59,200 shares exercised/converted
Exercise
3 txns
Insider
REPLOGLE JOHN B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 59,200 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 59,200 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Class A Common Stock — 564,902 shares (Direct);
Class A Common Stock — 53 shares (Indirect, see footnote)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- F2. These securities are directly held by Replogle Family LLC, for which the Reporting Person serves as manager.
- F3. These RSUs will fully vest on the earlier of May 15, 2026 or the date of the 2026 Annual Meeting of Stockholders.
- F4. The RSUs have no expiration date.
Key Figures
RSUs exercised: 59,200 units
Exercise price: $0.0000 per share
Direct holdings after transaction: 564,902 shares
+2 more
5 metrics
RSUs exercised
59,200 units
Restricted Stock Units converted into Class A Common Stock
Exercise price
$0.0000 per share
Price at which RSUs converted into Class A shares
Direct holdings after transaction
564,902 shares
Class A Common Stock directly owned after RSU exercise
Indirect holdings
53 shares
Class A shares held via Replogle Family LLC
RSU derivative balance
0 units
Restricted Stock Units remaining after conversion
Key Terms
Restricted Stock Units, derivative security, indirect ownership, Replogle Family LLC
4 terms
Restricted Stock Units financial
"The filing reports 59,200 Restricted Stock Units that convert into Class A Common Stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"The transaction code description notes an exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"53 shares are reported as indirectly owned, held through Replogle Family LLC."
Replogle Family LLC financial
"These securities are directly held by Replogle Family LLC, for which the Reporting Person serves as manager."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GROV director John B. Replogle report on this Form 4?
John B. Replogle reported exercising 59,200 Restricted Stock Units into Class A Common Stock. The RSUs converted at an exercise price of $0.0000 per share, increasing his directly held Grove Collaborative Holdings, Inc. shares without any open-market purchase or sale.
What happened to the 59,200 GROV Restricted Stock Units in this Form 4?
The 59,200 Restricted Stock Units were exercised and converted into 59,200 shares of Grove Class A Common Stock. The RSU position shown in the filing dropped to zero, indicating this specific award has fully settled into common shares as of the reported date.
Were there any open-market buys or sells by John B. Replogle in this GROV Form 4?
The Form 4 does not show any open-market purchases or sales. The main activity is a derivative exercise coded “M,” where Restricted Stock Units converted into Class A Common Stock at a stated exercise price of $0.0000 per share, with no sale transactions reported.
How are John B. Replogle’s indirect GROV holdings structured in this filing?
The filing lists 53 shares of Grove Class A Common Stock as indirectly held. These shares are owned by Replogle Family LLC, where John B. Replogle serves as manager, meaning this small portion of his stake is held through a family-controlled entity rather than directly.
What does the Form 4 reveal about remaining GROV derivative positions for John B. Replogle?
After the 59,200 RSUs were exercised, the derivative section in this Form 4 shows zero remaining shares for that RSU award and no other derivative positions. This suggests the reported RSU grant has been fully settled into Class A Common Stock as of the transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
