Doradla Anil 4

What Happened
Anil Doradla, Chief Financial Officer of Grid Dynamics (GDYN), had 702 shares withheld by the issuer to satisfy tax withholding related to the net settlement of restricted stock units. The withholding was reported on Apr 28, 2026, at an implied price of $5.60 per share, totaling $3,931. This was a tax-withholding/net-settlement transaction (code F), not an open-market sale or a purchase.

Key Details

• Transaction date: 2026-04-28; price used for withholding: $5.60 per share.
• Shares withheld/disposed: 702; total value withheld: $3,931.
• Shares owned after transaction: not specified in the filing.
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding/remittance obligations in connection with net settlement of RSUs.
• Filing: Reported and filed on 2026-04-28 (timely); no 10b5-1 plan or other sale program mentioned.

Context
Withholding shares to cover taxes is a routine administrative step when RSUs vest and does not represent an open-market sale by the insider. Such transactions are common and typically provide limited information about the insider’s market view or intent.