Livschitz Leonard 4

What Happened
Leonard Livschitz, CEO of Grid Dynamics (GDYN), had 178 shares disposed/withheld to satisfy a tax liability tied to an equity event. The withholding occurred at $6.81 per share for a total of approximately $1,212. This transaction is recorded as code F (payment of exercise price or tax liability), not an open-market sale.

Key Details

• Transaction date: 2026-02-21
• Price per share: $6.81; Total value: ~$1,212
• Transaction code: F (payment of exercise price or tax liability; shares disposed/withheld)
• Shares owned after transaction: not specified in the filing
• Filing date: 2026-02-24 (filing does not indicate lateness)
• Footnote: F1 — the shares are held by the reporting person’s spouse

Context
Tax-withholding dispositions are routine when shares vest or options are exercised and do not necessarily reflect a change in the insider’s view of the company. The filing shows shares were withheld to cover tax obligations rather than sold on the open market.