Grove Collaborative (GROV) CEO granted 397,552 restricted stock units in Form 4
Rhea-AI Filing Summary
Yurcisin Jeffrey Michael reported acquisition or exercise transactions in this Form 4 filing.
Grove Collaborative Holdings, Inc. President & CEO Jeffrey Michael Yurcisin received a grant of 397,552 restricted stock units on March 6, 2026. Each RSU represents a contingent right to receive one share of Class A common stock.
The RSUs will vest in twelve equal installments on each February 15, May 15, August 15 and November 15 of each year, beginning on May 15, 2026. Vesting accelerates after a change in control if his services are terminated by the company without cause or he resigns for good reason. The RSUs have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 397,552 | $0.00 | -- |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock These RSUs will vest in twelve equal installments on each 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 on May 15, 2026, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason. The RSUs have no expiration date.
FAQ
What insider transaction did GROV report for Jeffrey Michael Yurcisin?
How many restricted stock units were granted to GROV’s CEO in this Form 4?
What is the vesting schedule for the 397,552 GROV restricted stock units?
Under what conditions do the GROV CEO’s RSUs vest faster?
Do the GROV restricted stock units reported have an expiration date?