Landesberg Stuart 4
4 · Grove Collaborative Holdings, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Grove Collaborative (GROV) Director Stuart Landesberg Receives Award
What Happened
Stuart Landesberg, a director of Grove Collaborative (GROV), had 45,059 restricted stock units (RSUs convert/derivative exercise, code M) vest/convert into 45,059 shares on 2026-02-15. To satisfy tax withholding obligations (code F), 18,466 of those shares were retained by the company at $1.52 per share for a total withholding of $28,068. The result was a net receipt of 26,593 shares, which are held directly by The Landesberg Living Trust (see footnote).
Key Details
- Transaction date: February 15, 2026; Form 4 filed February 19, 2026.
- Conversion/Vesting: 45,059 RSUs converted to 45,059 shares (reported as derivative exercise/conversion, code M).
- Tax withholding: 18,466 shares withheld/disposed @ $1.52 = $28,068 (code F); shares were retained by the company to meet tax liability (F2).
- Net shares added to holdings: 26,593 shares (45,059 − 18,466).
- Shares held in: The Landesberg Living Trust, dated October 15, 2021 (Reporting Person is co-trustee) (F3).
- RSU terms: Each RSU equals a contingent right to one Class A share (F1); these RSUs vest in installments and have no expiration date (F4, F5).
Context
- This was not an open‑market purchase or sale by the director; it was the vesting/conversion of RSUs with a routine company withholding to cover tax obligations (common practice).
- The filing reports conversion of derivative awards (code M) and withholding for taxes (code F). There is no indication of an additional voluntary sale of shares in this filing.
- Retail investors: vesting/withholding transactions are routine and reflect compensation settlement, not necessarily a buy or sell signal about the director’s view of the company.
Insider Transaction Report
Form 4
Landesberg Stuart
Director
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-02-15+45,059→ 1,542,713 total - Tax Payment
Class A Common Stock
[F2]2026-02-15$1.52/sh−18,466$28,068→ 1,524,247 total - Exercise/Conversion
Restricted Stock Units
[F1][F4][F5]2026-02-15−45,059→ 0 total→ Class A Common Stock (45,059 underlying)
Holdings
- 123,558(indirect: See footnote)
Class A Common Stock
[F3]
Footnotes (5)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- [F2]These shares were retained by the Company in order to meet the tax withholding obligations of the award-holder in connection with the vesting of an installment of the restricted stock award. The amount retained by the Company was not in excess of the amount of the tax liability.
- [F3]These securities are directly held by The Landesberg Living Trust, dated October 15, 2021, for which the Reporting Person and his spouse serve as co-trustees.
- [F4]These RSUs will vest in twelve equal installments on each February 15th, May 15th, August 15th and November 15th of each year (provided, that if such date occurs on a weekend or federal holiday, vesting shall occur on the next business day) beginning on May 15, 2023, with accelerated vesting following a change in control if the Reporting Person's services are terminated by the Issuer without cause or the Reporting Person resigns for good reason.
- [F5]The RSUs have no expiration date.
Signature
/s/Barbara Wallace, Attorney-in-Fact for Stuart Landesberg|2026-02-19