Yurcisin Jeffrey Michael 4

4 · Grove Collaborative Holdings, Inc. · Filed Feb 19, 2026

AI-generated summary of this filing

Updated Feb 19, 2026

Grove Collaborative (GROV) CEO Jeffrey Yurcisin Receives 68,291 Shares (RSU Vest)

What Happened

Yurcisin Jeffrey Michael, President & CEO and a director of Grove Collaborative (GROV), had restricted stock units (RSUs) convert to common shares on 2026-02-15. A total of 68,291 RSUs vested and converted into shares.
The company retained 20,660 of those shares to satisfy tax withholding obligations (a “sell-to-cover” style withholding) at a withholding rate of $1.52 per share, resulting in cash withheld of $31,403. Net new shares delivered to Yurcisin were 47,631.
This was not an open-market purchase or a voluntary sale — it was issuance of shares upon RSU vesting (an award conversion).

Key Details

Transaction date: 2026-02-15; Form 4 filed: 2026-02-19.
Conversion amounts: 21,250; 2,500; and 44,541 RSUs converted (total 68,291). Shares withheld for taxes: 6,429; 757; and 13,474 (total 20,660) at $1.52/share (total ~$31,403).
Net shares received by Yurcisin: 47,631 (68,291 converted minus 20,660 withheld).
Shares owned after transaction: not disclosed in the provided filing.
Footnotes: RSUs equal one share each (F1); withheld shares were retained by the company to meet tax withholding and were not in excess of the tax liability (F2). Vesting schedules and other RSU terms are described in the filing (F3–F6).
Timeliness: Filing date is 2026-02-19 for a 2026-02-15 transaction (4 calendar days later). That may be beyond the SEC’s usual two-business-day Form 4 deadline; the filing doesn’t indicate a 10b5-1 plan or additional timing explanation in the provided data.

Context

This transaction is a standard RSU vesting event with company withholding to cover taxes (commonly called “sell-to-cover” or share retention for tax withholding). That differs from an open-market purchase (which can signal added confidence) or a voluntary insider sale.
RSU vesting and withholding are routine compensation events; they reflect pay realization rather than a directional trade by the insider.

Form 4

Period: 2026-02-15

DirectorPresident & CEO

Transactions

Exercise/Conversion
Class A Common Stock
[F1]
2026-02-15+21,250→ 535,645 total
Tax Payment
Class A Common Stock
[F2]
2026-02-15$1.52/sh−6,429$9,772→ 529,216 total
Exercise/Conversion
Class A Common Stock
[F1]
2026-02-15+2,500→ 531,716 total
Tax Payment
Class A Common Stock
[F2]
2026-02-15$1.52/sh−757$1,151→ 530,959 total
Exercise/Conversion
Class A Common Stock
[F1]
2026-02-15+44,541→ 575,500 total
Tax Payment
Class A Common Stock
[F2]
2026-02-15$1.52/sh−13,474$20,480→ 562,026 total
Exercise/Conversion
Restricted Stock Units
[F1][F3][F4]
2026-02-15−21,250→ 127,500 total
→ Class A Common Stock (21,250 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5][F4]
2026-02-15−2,500→ 17,500 total
→ Class A Common Stock (2,500 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F6][F4]
2026-02-15−44,541→ 356,328 total
→ Class A Common Stock (44,541 underlying)

Footnotes (6)

[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 RSUs vest 25% on August 15, 2024, and then in twelve equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
[F4]The RSUs have no expiration date.
[F5]These RSUs will vest in quarterly installments each February 15, May 15, August 15 and November 15 commencing on May 15, 2024, subject to the Reporting Person's continued service with the Issuer through each applicable vesting date.
[F6]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, 2025, 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.

Signature

/s/ Barbara Wallace, Attorney-in-Fact for Jeffrey Yurcisin|2026-02-19

1 file