Landesberg Stuart 4

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.