Groupon (GRPN) CEO Senkypl exercises 17,250 PSUs into common stock
Rhea-AI Filing Summary
Groupon, Inc. CEO and director Dusan Senkypl exercised performance share units into common stock as part of his equity compensation. On March 12, 2026, he converted 17,250 performance share units into 17,250 shares of common stock at an exercise price of $0.00 per share, increasing his direct holdings to 790,261 common shares.
The performance share units were granted in 2025 and were tied to remediation of a previously disclosed material weakness over a two-year period beginning on May 1, 2025, plus continuous employment. The Compensation Committee certified on March 12, 2026 that both conditions had been achieved, causing the units to fully vest. In addition to his direct stake, the filing reports indirect ownership of 10,180,970 common shares through Pale Fire Capital SICAV a.s. and 100 common shares through Pale Fire Capital SE.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 5,750 | $0.00 | -- |
| Exercise | Performance Share Units | 5,750 | $0.00 | -- |
| Exercise | Performance Share Units | 5,750 | $0.00 | -- |
| Exercise | Common Stock | 5,750 | $0.00 | -- |
| Exercise | Common Stock | 5,750 | $0.00 | -- |
| Exercise | Common Stock | 5,750 | $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. These PSUs were granted by the Compensation Committee of the Issuer's Board of Directors (the "Committee") on May 12, 2025. The number of shares of common stock to be acquired on vesting is contingent upon the following conditions: (1) the remediation of the Issuer's previously disclosed material weakness over a two-year performance period beginning on May 1, 2025, and ending on May 1, 2027; and (2) continuous employment. The PSUs will vest immediately upon certification of the achievement of both conditions by the Committee. On March 12, 2026, the Committee certified that both conditions have been achieved, and the PSUs are fully vested as of March 12, 2026. These PSUs were granted by the Committee on June 18, 2025. The number of shares of common stock to be acquired on vesting is contingent upon the following conditions: (1) the remediation of the Issuer's previously disclosed material weakness over a two-year performance period beginning on May 1, 2025, and ending on May 1, 2027; and (2) continuous employment. The PSUs will vest immediately upon certification of the achievement of both conditions by the Committee. On March 12, 2026, the Committee certified that both conditions have been achieved, and the PSUs are fully vested as of March 12, 2026. These PSUs were granted by the Committee on August 11, 2025. The number of shares of common stock to be acquired on vesting is contingent upon the following conditions: (1) the remediation of the Issuer's previously disclosed material weakness over a two-year performance period beginning on May 1, 2025, and ending on May 1, 2027; and (2) continuous employment. The PSUs will vest immediately upon certification of the achievement of both conditions by the Committee. On March 12, 2026, the Committee certified that both conditions have been achieved, and the PSUs are fully vested as of March 12, 2026.