Groupon CAO reports RSU vesting and tax withholding
Groupon, Inc.’s Chief Accounting Officer Kyle Netzly reported routine equity compensation activity involving restricted stock units (RSUs).
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Form Type
4
Rhea-AI Filing Summary
Groupon, Inc.’s Chief Accounting Officer Kyle Netzly reported routine equity compensation activity involving restricted stock units (RSUs). On May 20, 2026, 4,267 RSUs vested and were converted into an equal number of common shares. As part of this vesting, 1,911 common shares were withheld to satisfy mandatory tax withholding obligations, at a reference value of $17.32 per share. The company clarifies that this tax withholding is not an open-market sale of securities.
Insider Trade Summary
4,267 shares exercised/converted
Exercise
3 txns
Insider
Netzly Kyle
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,267 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,267 | $17.32 | $74K |
| Exercise Price or Tax Liability | Common Stock | 1,911 | $17.32 | $33K |
Holdings After Transaction:
Restricted Stock Units — 4,267 contracts (Direct);
Common Stock — 30,967 shares (Direct)
Footnotes (3)
- F1. Shares withheld to satisfy the mandatory tax withholding requirement upon the vesting of restricted stock units ("RSUs"). This is not an open market sale of securities.
- F2. Each RSU represents a contingent right to receive one share of Groupon, Inc. Common Stock.
- F3. 4,267 RSUs on this line vested on May 20, 2026, and 4,267 RSUs on this line vest on May 20, 2027, subject to Ms. Netzly's continued employment through the vesting date.
Key Figures
RSUs vested: 4,267 units
Shares withheld for taxes: 1,911 shares
Withholding reference price: $17.32 per share
+3 more
6 metrics
RSUs vested
4,267 units
Restricted stock units vested on May 20, 2026
Shares withheld for taxes
1,911 shares
Common shares withheld to satisfy mandatory tax withholding
Withholding reference price
$17.32 per share
Value used for tax-withholding disposition of 1,911 shares
RSUs scheduled to vest
4,267 units
Additional RSUs vesting on May 20, 2027, subject to continued employment
Derivative exercises
4,267 shares
Common shares acquired through RSU conversion on May 20, 2026
Tax-withholding transactions
1 event
One tax-withholding disposition reported under transaction code F
Key Terms
Restricted Stock Units, tax withholding, derivative security, contingent right, +1 more
5 terms
Restricted Stock Units financial
"Shares withheld to satisfy the mandatory tax withholding requirement upon the vesting of restricted stock units ("RSUs")."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding financial
"Shares withheld to satisfy the mandatory tax withholding requirement upon the vesting of restricted stock units"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each RSU represents a contingent right to receive one share of Groupon, Inc. Common Stock."
open market sale financial
"This is not an open market sale of securities."
An open market sale is when a company or a shareholder sells shares through the regular stock market to any willing buyer, using ordinary exchange trading rather than private deals. It matters to investors because it increases the number of shares available and can push the price down or change ownership balance—think of it like someone putting extra items on a supermarket shelf for any shopper to buy, which can lower the item's price if supply suddenly grows.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Groupon (GRPN) executive Kyle Netzly report in this Form 4?
Kyle Netzly reported the vesting of 4,267 restricted stock units and their conversion into common stock. The filing also shows a related share withholding to cover taxes, described as not involving any open-market stock sales.
How many Groupon (GRPN) RSUs vested for Kyle Netzly on May 20, 2026?
On May 20, 2026, 4,267 restricted stock units vested for Chief Accounting Officer Kyle Netzly. Each RSU represented a contingent right to receive one share of Groupon common stock, resulting in the issuance of an equal number of common shares.
What was the reference price used for Kyle Netzly’s Groupon (GRPN) tax withholding?
The tax-withholding disposition used a reference value of $17.32 per share for 1,911 common shares. This price is used to calculate the value of shares withheld to meet tax obligations arising from the RSU vesting event.
What does each Groupon (GRPN) RSU represent in Kyle Netzly’s filing?
Each restricted stock unit represents a contingent right to receive one share of Groupon common stock. When the RSUs vest, they convert into common shares according to this one-for-one ratio, assuming continued employment through the specified vesting dates.
Do Kyle Netzly’s remaining Groupon (GRPN) RSUs have future vesting dates?
Yes, the footnotes state that 4,267 RSUs vested on May 20, 2026, and another 4,267 RSUs on the same grant are scheduled to vest on May 20, 2027, contingent on Ms. Netzly’s continued employment through that future vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
