Groupon (GRPN) CEO Senkypl exercises 345,003 PSUs, updates share holdings
Rhea-AI Filing Summary
Groupon, Inc. CEO Dusan Senkypl reported an equity award exercise and updated holdings. On May 1, 2026, he exercised 345,003 Performance Share Units (PSUs), receiving 345,003 shares of Common Stock at a stated price of $0.00 per share, bringing his direct Common Stock holdings to 1,135,264 shares.
Following the transaction, Senkypl also remains associated with indirect holdings of 10,180,970 shares of Common Stock through Pale Fire Capital SICAV a.s. and 100 shares through Pale Fire Capital SE, as described in the footnotes. The filing shows 703,945 PSUs remaining outstanding. Each PSU represents a contingent right to one Groupon share, subject to stock price hurdles over a performance period from May 1, 2024 to May 1, 2027 and continued service conditions on May 1, 2025, May 1, 2026, and May 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 345,003 | $0.00 | -- |
| Exercise | Common Stock | 345,003 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents securities directly owned by Pale Fire Capital SICAV a.s. ("PFC SICAV"). Pale Fire Capital SE, as the controlling person and sole shareholder of PFC SICAV, may be deemed to beneficially own the securities directly owned by PFC SICAV. Mr. Barta, as a control person and Chairman of the supervisory board of Pale Fire Capital SE, may be deemed to beneficially own the securities directly owned by PFC SICAV. Mr. Senkypl, as a control person and Chairman of the board of Pale Fire Capital SE, may be deemed to beneficially own the securities directly owned by PFC SICAV. Represents securities directly owned by Pale Fire Capital SE. Mr. Barta, as a control person and Chairman of the supervisory board of Pale Fire Capital SE, may be deemed to beneficially own the securities directly owned by Pale Fire Capital SE. Mr. Senkypl, as a control person and Chairman of the board of Pale Fire Capital SE, may be deemed to beneficially own the securities directly owned by Pale Fire Capital SE. Each performance share unit ("PSU") represents a contingent right to receive one share of Groupon, Inc. (the "Issuer") Common Stock. The number of shares of Common Stock that will be acquired upon the vesting of the PSUs is contingent upon the: achievement of pre-established stock price hurdles over a three-year performance period beginning on May 1, 2024 and ending on May 1, 2027; and achievement of continued service conditions measured on each of May 1, 2025, May 1, 2026, and May 1, 2027. The PSUs shall vest immediately upon certification of the achievement of both conditions by the Compensation Committee of the Issuer's Board of Directors.