Groupon (GRPN) CFO Kashyap Rana Receives 14,374 Shares via PSU Vesting

What Happened

• Kashyap Rana, Chief Financial Officer of Groupon, had 14,374 performance share units (PSUs) vest on July 30, 2026 after the Compensation Committee certified that the first stock-price hurdle and the May 1, 2026 service condition were met. The PSUs converted into 14,374 shares of common stock.
• To satisfy mandatory tax withholding, 6,661 shares were withheld (valued at $27.89 per share, total $185,775). That leaves a net 7,713 shares delivered to Mr. Rana. The withholding is reported as a tax payment, not an open-market sale.

Key Details

• Transaction date: July 30, 2026; Form 4 filed August 3, 2026 (Accession: 0001670021-26-000004).
• Vesting: 14,374 PSUs vested and converted to 14,374 shares.
• Tax withholding: 6,661 shares withheld at $27.89/share for $185,775 (footnote: not an open-market sale).
• Net shares received: 7,713 shares (14,374 vested minus 6,661 withheld).
• Footnotes: PSUs are contingent on multi-year stock-price hurdles and service (vesting period May 1, 2025–May 1, 2028); the Committee certified the first hurdle and May 1, 2026 service condition. Also noted: some shares are held in a custodial account for the Reporting Person’s child (custodian disclaims beneficial ownership except for pecuniary interest).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: No late-filing indicator provided in the excerpt.

Context

• This was an award vesting (PSU conversion), not a market purchase or discretionary sale. The withholding of shares to cover taxes is a routine administrative action and should not be interpreted as an open-market sale. PSUs are performance-contingent awards — the company must hit additional hurdles and service conditions for other tranches to vest.