Grove director buys 4,827 shares at ~$1.05
GROV director Stuart Landesberg disclosed open-market purchases totaling 4,827 shares around $1.05 and an indirect trust holding of 136,151 shares.
Rhea-AI Filing Summary
Grove Collaborative Holdings, Inc. (GROV) director Stuart Landesberg reported open-market purchases of Class A Common Stock on September 9–10, 2026. He bought 4,827 shares at a weighted average price of $1.0499 per share, executed in multiple trades between $1.04 and $1.05. An indirectly held position of 136,151 shares is reported in a family trust for which he and his spouse serve as co-trustees. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,827 shares
Net Buy
3 txns
Insider
Landesberg Stuart
Role
Director
Bought
4,827 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock F1 | 1,884 | $1.0499 | $2K |
| Purchase | Class A Common Stock F1 | 2,943 | $1.0499 | $3K |
| holding | Class A Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,673,735 shares (Direct);
Class A Common Stock — 136,151 shares (Indirect, See footnote)
Footnotes (2)
- F1. The transaction was executed in multiple trades in prices ranging from $1.04 to $1.05, inclusive. The price reported in Column 4 above reflects the weighted average purchase price. The Reporting person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares purchased at each respective price within the range set forth in this footnote of this Form 4.
- 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.
Key Figures
Shares purchased September 10, 2026: 1,884 shares
Shares purchased September 9, 2026: 2,943 shares
Total shares purchased: 4,827 shares
+2 more
5 metrics
Shares purchased September 10, 2026
1,884 shares
Open-market purchase of Class A Common Stock at weighted average $1.0499
Shares purchased September 9, 2026
2,943 shares
Open-market purchase of Class A Common Stock at weighted average $1.0499
Total shares purchased
4,827 shares
Combined open-market purchases on September 9–10, 2026
Weighted average purchase price
$1.0499 per share
Purchases executed in multiple trades between $1.04 and $1.05
Indirect trust holding
136,151 shares
Class A Common Stock held by The Landesberg Living Trust as of September 9, 2026
Key Terms
weighted average purchase price, Rule 10b5-1, indirectly held, co-trustees
4 terms
weighted average purchase price financial
"The price reported in Column 4 above reflects the weighted average purchase price"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
Rule 10b5-1 regulatory
"The Reporting person hereby undertakes to provide to the Securities and Exchange Commission staff"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
indirectly held financial
"These securities are directly held by The Landesberg Living Trust"
co-trustees financial
"for which the Reporting Person and his spouse serve as co-trustees"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GROV director Stuart Landesberg report?
He reported two open-market purchases of Grove Collaborative Class A Common Stock on September 9–10, 2026, totaling 4,827 shares at a weighted average price of $1.0499 per share, with individual trade prices ranging from $1.04 to $1.05.
Does the Form 4 indicate a Rule 10b5-1 trading plan for GROV?
No. The filing’s Rule 10b5-1 checkbox is not marked as relying on a plan, and the footnotes do not state that the transactions were made under any Rule 10b5-1 trading arrangement.
What indirect holdings in GROV does Stuart Landesberg report?
He reports an indirect holding of 136,151 shares of Class A Common Stock as of September 9, 2026, held by The Landesberg Living Trust, dated October 15, 2021, for which he and his spouse serve as co-trustees.
Are Landesberg’s reported GROV purchases direct or indirect holdings?
The 4,827 purchased shares are reported as directly owned Class A Common Stock. Separately, 136,151 shares are reported as held indirectly through The Landesberg Living Trust, where he and his spouse are co-trustees.
AI-generated analysis. How Rhea-AI works. Not financial advice.
