Livschitz Leonard 4
4 · GRID DYNAMICS HOLDINGS, INC. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Grid Dynamics (GDYN) CEO Leonard Livschitz Withholds 1,024 Shares
What Happened Leonard Livschitz, CEO of Grid Dynamics Holdings, had 1,024 shares disposed (withheld) to satisfy tax withholding related to the net settlement of restricted stock units (RSUs). The shares were recorded at $6.58 each, for a reported gross value of $6,738. This was a tax-withholding/net settlement action rather than an open-market sale or purchase.
Key Details
- Transaction date: 2026-02-14; Filing date: 2026-02-18.
- Price per share: $6.58; Shares withheld/disposed: 1,024; Reported value: $6,738.
- Shares owned after the transaction: Not specified in the filing.
- Footnotes: F1 — shares withheld by the issuer to satisfy tax withholding for RSUs granted on 2025-02-14; F2 — some shares are held by the reporting person’s spouse.
- No late-filing flag is indicated in the provided data.
Context This was a routine tax-withholding/net settlement of RSUs (a common post-award step) and should not be interpreted as a voluntary sale or buy decision by the CEO. Withheld shares are remitted by the issuer to cover tax obligations; they do not necessarily signal management sentiment about the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-02-14$6.58/sh−1,024$6,738→ 11,836 total(indirect: See footnote)
- 3,427,464
Common Stock
Footnotes (2)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units granted to the Reporting Person on February 14, 2025.
- [F2]The shares are held by the Reporting Person's spouse.