Grid Dynamics (GDYN) CFO Anil Doradla Withholds 667 Shares for Taxes

What Happened

• Anil Doradla, Chief Financial Officer of Grid Dynamics Holdings, had 667 shares withheld by the company to satisfy tax withholding obligations related to the net settlement of restricted stock units. The shares were valued at $6.14 each, totaling $4,095. The transaction is reported as a disposition with code F (tax withholding).

Key Details

• Transaction date: 2026-07-28
• Price per share: $6.14; Shares withheld/disposed: 667; Total value: $4,095
• Transaction code: F (shares withheld to satisfy tax withholding)
• Footnote: F1 — shares were withheld by the issuer to satisfy tax withholding and remittance obligations in connection with net settlement of restricted stock units
• Shares owned after the transaction: not disclosed in the provided filing
• Filing date/accession: Report filed 2026-07-28 (no late filing indicated from provided data)

Context

• This is a routine tax-withholding event tied to RSU settlement (a net settlement), not an open-market sale. Such withholding is common when restricted stock units vest and does not necessarily signal the insider’s view on the company’s prospects. Purchases or open-market sales are typically more informative about insider sentiment than tax-withholding dispositions.