Doradla Anil 4
4 · GRID DYNAMICS HOLDINGS, INC. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Grid Dynamics (GDYN) CFO Anil Doradla Receives Award; 22,125 Shares Withheld
What Happened
- Anil Doradla, Chief Financial Officer of Grid Dynamics Holdings, received 49,368 performance shares on 2026-02-07 (award, code A). The shares were issued at $0.00 per share (performance-based vesting).
- On 2026-02-10 the company withheld 22,125 of those shares (code F) to satisfy tax withholding obligations at an effective value of $6.94 per share, totaling $153,548.
Key Details
- Transaction dates and prices:
- 2026-02-07: Award of 49,368 performance shares (price $0.00).
- 2026-02-10: 22,125 shares withheld by issuer at $6.94 per share (value $153,548) for tax withholding.
- Shares owned after the transaction: not disclosed in the provided filing excerpt.
- Relevant footnotes from the filing:
- F1: Board determined performance conditions were met for the performance shares granted 2024-01-01.
- F2: The 22,125 shares were withheld by the issuer to satisfy tax withholding/remittance obligations.
- Filing timeliness: Form filed 2026-02-10 for a 2026-02-07 report — appears to be within the typical two-business-day Form 4 filing window.
Context
- This was a performance-share vesting event, not an open-market purchase or sale by the insider. The withholding of shares to cover taxes is a routine administrative action (a net share settlement) and does not indicate an open-market sale.
- For retail investors, awards vesting indicates compensation recognition but is not the same as the insider buying more stock; it increases the insider's holdings unless shares are withheld.
Insider Transaction Report
Form 4
Doradla Anil
CHIEF FINANCIAL OFFICER
Transactions
- Award
Common Stock
[F1]2026-02-07+49,368→ 425,078 total - Tax Payment
Common Stock
[F2]2026-02-10$6.94/sh−22,125$153,548→ 402,953 total
Footnotes (2)
- [F1]Represents the acquisition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to the performance share awards granted to the Reporting Person on January 1, 2024.
- [F2]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the issuance of shares pursuant to performance share awards granted to the Reporting Person on January 1, 2024.
Signature
/s/Anil Doradla|2026-02-10