Doradla Anil 4
4 · GRID DYNAMICS HOLDINGS, INC. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
GRID DYNAMICS (GDYN) CFO Anil Doradla Sells 2,118 Shares to Cover Taxes
What Happened
Anil Doradla, Chief Financial Officer of Grid Dynamics Holdings, had 2,118 shares withheld/disposed as tax withholding in connection with the net settlement of restricted stock units. The shares were recorded at $6.24 each, for a total value of about $13,216. This was a withholding to satisfy tax obligations (not an open‑market sale for income or investment).
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (timely filed).
- Disposed: 2,118 shares at $6.24 per share = $13,216 (code F — tax withholding).
- 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 related to net settlement of restricted stock units.
Context
This is a routine tax‑withholding/net‑settlement transaction tied to RSUs (cashless/net settlement), and not necessarily a signal of buying or selling intent. Such transactions are common when restricted awards vest and the company withholds shares to cover required taxes.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-07-01$6.24/sh−2,118$13,216→ 398,025 total
Footnotes (1)
- [F1]Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with net settlement of restricted stock units.