Grove Collaborative (GROV) CFO granted 137,931 RSUs with staged vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Siragusa Thomas reported acquisition or exercise transactions in this Form 4 filing.
Grove Collaborative Holdings, Inc. reported that its CFO, Thomas Siragusa, received a grant of 137,931 restricted stock units (RSUs) on March 6, 2026. Each RSU represents a contingent right to receive one share of Class A common stock and has no expiration date.
The RSUs will vest in twelve equal installments on each February 15, May 15, August 15, and November 15 of each year, beginning on May 15, 2026, subject to continued service. Vesting accelerates after a change in control if his service is terminated without cause or he resigns for good reason.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Siragusa Thomas
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 137,931 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 137,931 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock These RSUs will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2026, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason. The RSUs have no expiration date.
FAQ
What insider transaction did GROV disclose for CFO Thomas Siragusa?
Grove Collaborative disclosed that CFO Thomas Siragusa received a grant of 137,931 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Class A common stock, reflecting equity-based compensation rather than an open-market stock purchase or sale.
How many RSUs did GROV grant to its CFO in this Form 4 filing?
The company granted the CFO 137,931 restricted stock units (RSUs). After this award, his reported holdings of RSUs from this grant total 137,931 units, aligning with the Form 4 disclosure of total derivative securities following the transaction.
When do the newly granted GROV RSUs to the CFO begin vesting?
The RSUs begin vesting on May 15, 2026. Vesting then continues in twelve equal installments on February 15, May 15, August 15, and November 15 of each year, subject to adjustment if those dates fall on a weekend or federal holiday.
What is the vesting schedule for GROV CFO Thomas Siragusa’s RSU grant?
The RSUs vest in twelve equal installments on each February 15, May 15, August 15, and November 15, starting on May 15, 2026. Continued vesting depends on his ongoing service with the company on each applicable vesting date.
Do the GROV RSUs granted to the CFO have an expiration date?
The RSUs reported for the CFO have no expiration date. They remain outstanding until they either vest and settle into shares of Class A common stock or are otherwise forfeited under the applicable award terms and conditions.
Under what conditions do the GROV CFO’s RSUs vest faster after a change in control?
The RSUs have accelerated vesting following a change in control if the CFO’s services are terminated by the company without cause or he resigns for good reason. This protection is designed around those specific termination scenarios after a change in control.