Groupon CFO reports PSU vesting and tax withholding
Groupon, Inc. Chief Financial Officer Kashyap Rana reported the vesting and conversion of 14,374 Performance Share Units into common stock on July 30, 2026, after the Compensation Committee certified required stock‑price and service conditions.
Rhea-AI Filing Summary
Groupon, Inc. Chief Financial Officer Kashyap Rana reported the vesting and conversion of 14,374 Performance Share Units into common stock on July 30, 2026, after the Compensation Committee certified required stock‑price and service conditions. Following this transaction, he beneficially owned 159,869 Performance Share Units, each representing a contingent right to one share of common stock. To cover mandatory taxes on the vesting, 6,661 shares were withheld at $27.89 per share, which was not an open‑market sale. Additional shares are held indirectly in a custodial account for his child, with beneficial ownership disclaimed except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units F3, F4 | 14,374 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,374 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 6,661 | $27.89 | $186K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Footnotes (4)
- F1. Shares withheld to satisfy the mandatory tax withholding requirement upon the vesting of performance share units ("PSUs"). This is not an open market sale of securities.
- F2. Represents shares held in a custodial account for the benefit of the Reporting Person's child. The Reporting Person is the custodian of such account. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3. Each PSU represents a contingent right to receive one share of Groupon, Inc. (the "Issuer") common stock.
- F4. The number of shares of common stock that will be acquired on vesting of the PSUs is contingent upon: (1) the achievement of pre-established stock price hurdles over a three-year performance period beginning on May 1, 2025, and ending on May 1, 2028; and (2) the achievement of continued service conditions measured on each of May 1, 2026, May 1, 2027, and May 1, 2028. The PSUs shall vest immediately upon certification of the achievement of both conditions by the Compensation Committee of the Issuer's Board of Directors (the "Committee"). On July 30, 2026, the Committee certified that the first pre-established stock price hurdle and the continued service condition measured as of May 1, 2026 have both been achieved, and 14,374 PSUs vested on July 30, 2026.
Key Figures
Key Terms
pre-established stock price hurdles financial
continued service conditions financial
pecuniary interest financial
custodial account financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider equity transactions did Groupon (GRPN) CFO Kashyap Rana report on July 30, 2026?
AI-generated analysis. How Rhea-AI works. Not financial advice.