Doradla Anil 4

What Happened

• Doradla Anil, Chief Financial Officer of Grid Dynamics (GDYN), had 2,108 shares withheld by the company to satisfy tax withholding related to a net settlement of restricted stock units. The withholding price was $5.64 per share, for a total value of approximately $11,889. This is a routine tax-related disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: April 1, 2026 — 2,108 shares at $5.64 each.
• Total value of shares withheld: ~$11,889.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding and remittance obligations in connection with net settlement of RSUs.
• Filing timeliness: Report filed Apr 2, 2026 (appears to be timely — within one business day of the transaction).

Context

• This was a net settlement/tax-withholding event on vested RSUs (company retained shares to cover taxes). Such withholdings are routine administrative actions and do not necessarily indicate a change in the insider’s view of the company.