[Form 3] Groupon, Inc. Initial Statement of Beneficial Ownership
Kashyap Rana, identified as Chief Financial Officer of Groupon, Inc. (GRPN), filed an initial Form 3 reporting his beneficial ownership as of 09/01/2025. He directly owns 148,000 shares of common stock and is custodian for two custodial accounts holding 15,000 and 10,000 shares for his child, for which he disclaims beneficial ownership except to the extent of pecuniary interest. He also holds performance share units convertible into 236,016 and 174,243 common shares, each contingent on specified multi-year stock-price hurdles and continued service conditions over performance periods ending May 1, 2027 and May 1, 2028. The filing notes it was submitted late due to a delay establishing EDGAR filing codes.
Kashyap Rana, CFO di Groupon, Inc. (GRPN), ha presentato un primo Form 3 riportando la sua titolarità beneficiaria al 01/09/2025. Possiede direttamente 148.000 azioni ordinarie e agisce come custode per due conti di custodia che detengono 15.000 e 10.000 azioni per suo figlio, per le quali nega la titolarità beneficiaria salvo il suo interesse pecuniario. Possiede inoltre unità azionarie di performance convertibili in 236.016 e 174.243 azioni ordinarie di Groupon, ciascuna soggetta a soglie di prezzo delle azioni pluriennali e a condizioni di servizio continuo nei periodi di performance che terminano il 1 maggio 2027 e il 1 maggio 2028. Il deposito segnala che è stato presentato in ritardo a causa di un ritardo nell’assegnazione dei codici di filing EDGAR.
Kashyap Rana, director financiero de Groupon, Inc. (GRPN), presentó un Formulario 3 inicial reportando su titularidad beneficiosa al 01/09/2025. Posee directamente 148.000 acciones comunes y actúa como custodio de dos cuentas de custodia que contienen 15.000 y 10.000 acciones para su hijo, sobre las cuales él no reconoce titularidad beneficiosa salvo por su interés pecuniario. También posee unidades de acciones de desempeño que pueden convertirse en 236.016 y 174.243 acciones comunes de Groupon, cada una sujeta a umbrales de precio de acciones multianuales y a condiciones de servicio continuo durante los períodos de desempeño que terminan el 1 de mayo de 2027 y el 1 de mayo de 2028. El informe señala que se presentó tarde debido a un retraso en la obtención de códigos de presentación EDGAR.
Kashyap Rana는 Groupon, Inc. (GRPN)의 최고재무책임자(CFO)로 확인되었으며, 2025년 9월 1일 기준으로 자신의 유익한 소유를 보고하는 초기 Form 3를 제출했습니다. 그는 직접 148,000주를 보유하고 있으며 자녀를 위한 두 개의 수탁 계좌에 각각 15,000주와 10,000주를 보유하는 수탁자 역할을 수행합니다. 이익 소유권은 금전적 이해의 범위 내에서만 인정되며, 이외의 부분에 대해서는 소유권을 포기합니다. 또한 다년간의 주가 벤치마크와 지속적 고용 조건에 따라 전환 가능한 성과 주식 단위로 236,016주 및 174,243주의 일반 주식으로 전환될 수 있습니다. 각 단위는 2027년 5월 1일과 2028년 5월 1일에 종료되는 성과 기간 동안 조건에 따릅니다. 제출이 EDGAR 제출 코드 설정 지연으로 늦어졌다고 공시됩니다.
Kashyap Rana, directeur financier de Groupon, Inc. (GRPN), a déposé un Formulaire 3 initial rapportant sa propriété bénéficiaire au 01/09/2025. Il détient directement 148 000 actions ordinaires et agit en tant que fiduciaire pour deux comptes de garde détenant 15 000 et 10 000 actions pour son enfant, pour lesquels il déclare ne pas être propriétaire bénéficiaire à l’exception de son intérêt pécuniaire. Il détient également des unités d’actions de performance convertibles en 236 016 et 174 243 actions ordinaires Groupon, chacune soumise à des seuils de cours sur plusieurs années et à des conditions de prestation continue sur les périodes de performance se terminant le 1er mai 2027 et le 1er mai 2028. Le dépôt précise qu’il a été soumis en retard en raison d’un retard dans l’obtention des codes de dépôt EDGAR.
Kashyap Rana, als Chief Financial Officer von Groupon, Inc. (GRPN) identifiziert, hat ein initiales Form 3 eingereicht, das seine wirtschaftliche Beteiligung zum 01.09.2025 angibt. Er besitzt direkt 148.000 Stammaktien und fungiert als Verwahrer für zwei Treuhandkonten, die 15.000 bzw. 10.000 Aktien für sein Kind halten, wobei er eine wirtschaftliche Beteiligung nur in Höhe seines finanziellen Interesses anerkennt. Außerdem hält er Leistungsaktieneinheiten, die in 236.016 bzw. 174.243 Stammaktien von Groupon umwandelbar sind, wobei jede Einheit an mehrjährige Aktienpreis-Hürden und fortlaufende Diensterfordernisse während der Performance-Periode endet am 01.05.2027 bzw. 01.05.2028 gebunden ist. Der Bericht vermerkt, dass die Einreichung aufgrund einer Verzögerung bei der Einrichtung von EDGAR-Einreichungscodes verspätet erfolgte.
كاشياب رانا، المدير المالي لشركة Groupon، Inc. (GRPN)، قدم نموذج Form 3 ابتدائي يذكر ملكيته المستفيدة حتى 01/09/2025. يمتلك مباشرةً 148,000 سهماً من الأسهم العادية ويعمل كوصي لحسابين وديعين يحوزان 15,000 و10,000 سهم لطفله، وهو ينفي الملكية المستفيدة باستثناء مصلحته المالية. كما يمتلك وحدات أسهم أداء قابلة للتحويل إلى 236,016 و174,243 سهماً عادياً من Groupon، وكل وحدة تخضع لحواجز سعر سهم على مدى سنوات متعددة ولشروط خدمة مستمرة خلال فترات الأداء التي تنتهي في 1 مايو 2027 و1 مايو 2028. وتقيد الإيداع بأنه تم تقديمه متأخراً بسبب تأخر في إعداد رموز تقديم EDGAR.
Kashyap Rana，Groupon, Inc.（GRPN）的首席财务官（CFO），已提交初始表格3，报告其截至2025年9月1日的受益所有权。他直接拥有148,000股普通股，并为两只托管账户的子女持有的15,000股和10,000股股票担任托管人，对其受益所有权作出除经济利益以外的否认；他还持有可转换为236,016股和174,243股Groupon普通股的绩效股票单位，每单位均受多年的股价门槛和持续服务条件的约束，绩效期分别在2027年5月1日和2028年5月1日结束。文件称因EDGAR提交编码的延迟而提交晚于期限。
- Full disclosure of direct share ownership (148,000 shares) and custodial holdings (15,000 and 10,000 shares) for transparency
- Detailed description of performance share units including contingency on stock-price hurdles and service-based vesting periods
- Performance awards specify one-for-one conversion to common stock, clarifying potential future share issuance upon vesting
- Late filing of the Form 3, admitted to be due to delay establishing EDGAR filing codes
- Potential dilution if performance share units (totaling 410,259 shares) fully vest, which could affect outstanding share count
Insights
TL;DR: New CFO discloses substantial equity and performance-based awards; late filing raises minor compliance concern.
The filing documents that the company's Chief Financial Officer holds a significant package of direct shares and large performance share units tied to multi-year stock-price hurdles and service requirements. Such equity alignment is common for senior executives and ties compensation to shareholder outcomes. The late filing is explicitly explained as an administrative delay in establishing EDGAR credentials; while material compliance frameworks favor timely Section 16 reporting, a single late initial Form 3 with an explanation is typically treated as a low-severity governance lapse unless repeated.
TL;DR: Executive equity holdings and large performance units indicate meaningful upside exposure but no immediate cash-flow impact.
The report quantifies direct ownership of 148,000 shares and contingent rights to 410,259 shares through two performance share awards (236,016 and 174,243) subject to stock-price and service hurdles through 2027 and 2028. These awards, each converting one-for-one to common stock upon vesting, represent potential future dilution if fully earned but currently have no exercise price or cash impact. The custodial holdings for the reporting person's child are disclosed with the customary disclaimer of beneficial ownership except for pecuniary interest. No transactions, option exercises, or sales are reported here.
Kashyap Rana, CFO di Groupon, Inc. (GRPN), ha presentato un primo Form 3 riportando la sua titolarità beneficiaria al 01/09/2025. Possiede direttamente 148.000 azioni ordinarie e agisce come custode per due conti di custodia che detengono 15.000 e 10.000 azioni per suo figlio, per le quali nega la titolarità beneficiaria salvo il suo interesse pecuniario. Possiede inoltre unità azionarie di performance convertibili in 236.016 e 174.243 azioni ordinarie di Groupon, ciascuna soggetta a soglie di prezzo delle azioni pluriennali e a condizioni di servizio continuo nei periodi di performance che terminano il 1 maggio 2027 e il 1 maggio 2028. Il deposito segnala che è stato presentato in ritardo a causa di un ritardo nell’assegnazione dei codici di filing EDGAR.
Kashyap Rana, director financiero de Groupon, Inc. (GRPN), presentó un Formulario 3 inicial reportando su titularidad beneficiosa al 01/09/2025. Posee directamente 148.000 acciones comunes y actúa como custodio de dos cuentas de custodia que contienen 15.000 y 10.000 acciones para su hijo, sobre las cuales él no reconoce titularidad beneficiosa salvo por su interés pecuniario. También posee unidades de acciones de desempeño que pueden convertirse en 236.016 y 174.243 acciones comunes de Groupon, cada una sujeta a umbrales de precio de acciones multianuales y a condiciones de servicio continuo durante los períodos de desempeño que terminan el 1 de mayo de 2027 y el 1 de mayo de 2028. El informe señala que se presentó tarde debido a un retraso en la obtención de códigos de presentación EDGAR.
Kashyap Rana는 Groupon, Inc. (GRPN)의 최고재무책임자(CFO)로 확인되었으며, 2025년 9월 1일 기준으로 자신의 유익한 소유를 보고하는 초기 Form 3를 제출했습니다. 그는 직접 148,000주를 보유하고 있으며 자녀를 위한 두 개의 수탁 계좌에 각각 15,000주와 10,000주를 보유하는 수탁자 역할을 수행합니다. 이익 소유권은 금전적 이해의 범위 내에서만 인정되며, 이외의 부분에 대해서는 소유권을 포기합니다. 또한 다년간의 주가 벤치마크와 지속적 고용 조건에 따라 전환 가능한 성과 주식 단위로 236,016주 및 174,243주의 일반 주식으로 전환될 수 있습니다. 각 단위는 2027년 5월 1일과 2028년 5월 1일에 종료되는 성과 기간 동안 조건에 따릅니다. 제출이 EDGAR 제출 코드 설정 지연으로 늦어졌다고 공시됩니다.
Kashyap Rana, directeur financier de Groupon, Inc. (GRPN), a déposé un Formulaire 3 initial rapportant sa propriété bénéficiaire au 01/09/2025. Il détient directement 148 000 actions ordinaires et agit en tant que fiduciaire pour deux comptes de garde détenant 15 000 et 10 000 actions pour son enfant, pour lesquels il déclare ne pas être propriétaire bénéficiaire à l’exception de son intérêt pécuniaire. Il détient également des unités d’actions de performance convertibles en 236 016 et 174 243 actions ordinaires Groupon, chacune soumise à des seuils de cours sur plusieurs années et à des conditions de prestation continue sur les périodes de performance se terminant le 1er mai 2027 et le 1er mai 2028. Le dépôt précise qu’il a été soumis en retard en raison d’un retard dans l’obtention des codes de dépôt EDGAR.
Kashyap Rana, als Chief Financial Officer von Groupon, Inc. (GRPN) identifiziert, hat ein initiales Form 3 eingereicht, das seine wirtschaftliche Beteiligung zum 01.09.2025 angibt. Er besitzt direkt 148.000 Stammaktien und fungiert als Verwahrer für zwei Treuhandkonten, die 15.000 bzw. 10.000 Aktien für sein Kind halten, wobei er eine wirtschaftliche Beteiligung nur in Höhe seines finanziellen Interesses anerkennt. Außerdem hält er Leistungsaktieneinheiten, die in 236.016 bzw. 174.243 Stammaktien von Groupon umwandelbar sind, wobei jede Einheit an mehrjährige Aktienpreis-Hürden und fortlaufende Diensterfordernisse während der Performance-Periode endet am 01.05.2027 bzw. 01.05.2028 gebunden ist. Der Bericht vermerkt, dass die Einreichung aufgrund einer Verzögerung bei der Einrichtung von EDGAR-Einreichungscodes verspätet erfolgte.
FAQ
What did Kashyap Rana report on his Form 3 for GRPN?
What are the conditions for the performance share units reported by the GRPN CFO?
Do the reported performance shares have exercise prices?
Was the Form 3 filed on time?
Does the reporting person claim beneficial ownership of custodial shares for his child?
