Grove Collaborative director exercises 59,200 RSUs
Grove Collaborative Holdings, Inc. director Stuart Landesberg reported an equity award transaction involving Restricted Stock Units (RSUs) tied to Class A Common Stock.
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Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. director Stuart Landesberg reported an equity award transaction involving Restricted Stock Units (RSUs) tied to Class A Common Stock. He exercised RSUs to acquire 59,200 shares of Class A Common Stock at a stated price of $0.0000 per share.
Following this exercise, Landesberg directly owns 1,583,447 shares of Class A Common Stock. In addition, 123,558 shares of Class A Common Stock are held indirectly through The Landesberg Living Trust, dated October 15, 2021, for which he and his spouse serve as co‑trustees. The filing notes that each RSU represents a contingent right to receive one share of Class A Common Stock and that the RSUs will fully vest on the earlier of May 15, 2026 or the date of the 2026 Annual Meeting of Stockholders.
Insider Trade Summary
| 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 | -- | -- | -- |
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 The Landesberg Living Trust, dated October 15, 2021, for which the Reporting Person and his spouse serve as co-trustees.
- 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
Key Terms
Restricted Stock Units financial
derivative exercise/conversion financial
Class A Common Stock financial
indirect ownership financial
co-trustees financial
FAQ
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What insider transaction did Grove Collaborative (GROV) report for Stuart Landesberg?
What are the terms of the RSUs reported by Grove Collaborative (GROV)?
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