Groupon, Inc. (GRPN) CFO logs PSU vesting and share tax withholding
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
Net Buyer: 7,713 shares
Net Buy
5 txns
Insider
Kashyap Rana
Role
Chief Financial Officer
| 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 | -- | -- | -- |
Holdings After Transaction:
Performance Share Units — 159,869 shares (Direct);
Common Stock — 197,365 shares (Direct);
Common Stock — 25,000 shares (Indirect, By custodial account for child)
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
PSUs vested: 14,374 shares
Tax withholding shares: 6,661 shares
Tax withholding price: $27.89 per share
+1 more
4 metrics
PSUs vested
14,374 shares
Performance Share Units converted into common stock on July 30, 2026
Tax withholding shares
6,661 shares
Common shares withheld to satisfy mandatory tax withholding on PSU vesting
Tax withholding price
$27.89 per share
Per‑share value used for the tax‑withholding disposition of common stock
PSUs owned after transaction
159,869 units
Performance Share Units beneficially owned following the reported transaction
Key Terms
Performance Share Units, pre-established stock price hurdles, continued service conditions, pecuniary interest, +1 more
5 terms
pre-established stock price hurdles financial
"the achievement of pre-established stock price hurdles over a three-year performance"
continued service conditions financial
"and (2) the achievement of continued service conditions measured on each of May"
pecuniary interest financial
"disclaims beneficial ownership of these shares except to the extent of his pecuniary interest"
custodial account financial
"shares held in a custodial account for the benefit of the Reporting Person's child"
A custodial account is an investment or bank account opened and managed by an adult (the custodian) for the benefit of someone who cannot legally control assets, typically a minor. Think of it as a wallet held by a trusted guardian until the beneficiary reaches a legal age: it lets you save and invest on someone’s behalf, affects who makes decisions and who pays taxes, and determines when control of the assets transfers to the beneficiary—details investors watch for tax consequences, ownership rules, and timing of control.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider equity transactions did Groupon (GRPN) CFO Kashyap Rana report on July 30, 2026?
On July 30, 2026, 14,374 Performance Share Units vested and converted into Groupon common stock after stock‑price and service conditions were certified. To satisfy tax withholding, 6,661 common shares were withheld at $27.89 per share, rather than sold in the open market.