[Form 4/A] Groupon, Inc. Amended Insider Trading Activity
On 05/12/2025 Groupon, Inc. (GRPN) Chief Financial Officer Jiri Ponrt vested 40,968 performance share units after the board’s compensation committee confirmed that a one-year stock-price hurdle had been met. The PSUs converted into an equal number of common shares at a $0 exercise price (Transaction Code “M”).
To satisfy statutory withholding, 15,461 shares were automatically retained by the company at $26.04 each (Code “F”), constituting a non-market disposition rather than a sale. After these transactions Mr. Ponrt directly owns 141,907 Groupon shares; derivative holdings decline by the same amount. This Form 4/A merely adds the tax-withholding entry that was omitted from the original 06/23/2025 filing—no economic terms have changed.
- Performance metric achieved: PSU vesting confirms Groupon met a specified share-price hurdle, indicating some operational or market progress.
- Management alignment: CFO’s continued ownership of 141,907 shares keeps executive incentives tied to shareholder returns.
- Share dilution: Conversion of 40,968 PSUs modestly increases shares outstanding, though impact is immaterial.
- Reduced insider float: 15,461 shares were withheld for taxes, slightly lowering the CFO’s net new holdings.
Insights
TL;DR: Routine insider vesting; no open-market sale; neutral impact.
The filing shows the CFO’s 2024 PSU grant paid out after Groupon hit a predefined share-price threshold, signalling that at least one internal performance metric was met. While the 40,968-share award aligns management compensation with shareholder value, the simultaneous withholding of 15,461 shares for taxes reduces the headline ownership increase. Net ownership now stands at 141,907 shares, keeping the CFO materially invested. Because the disposition was for tax purposes, not a voluntary sale, the transaction is best viewed as neutral to sentiment and liquidity. Importantly, the Form 4/A is corrective, so no new cash proceeds or market transactions arise. Overall, the disclosure is routine and not materially impactful to GRPN’s valuation.