Gryzlov Yury 4

What Happened
Yury Gryzlov, Chief Operating Officer of Grid Dynamics Holdings, sold 21,266 shares on March 10, 2026. The shares were disposed of in an open-market transaction for a weighted average price of $6.22 per share, generating total proceeds of approximately $132,275. This was a sale (S) — sales are commonly routine portfolio-management transactions rather than clear indicators of company outlook.

Key Details

• Transaction date: March 10, 2026 (reported on Form 4 filed March 12, 2026) — filing appears timely.
• Shares sold: 21,266; weighted average price: $6.22; total proceeds: ~$132,275.
• Price range: trades executed at $6.07 to $6.45 (multiple trades; weighted average reported).
• Footnote F1: Sale executed pursuant to a Rule 10b5-1 trading plan adopted Nov 13, 2025.
• Footnote F2: Reporting person will provide per-trade breakdown on request (SEC, issuer, or shareholder).
• Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context

• A 10b5-1 plan allows prearranged trading and is often used to avoid questions about trading on nonpublic information; it does not by itself indicate insider sentiment.
• This filing shows a straight sale of existing shares (code S). For retail investors, purchases are often more informative about insider confidence; sales can be routine or for personal/liquidity reasons.