Siragusa Thomas 4
4 · Grove Collaborative Holdings, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Grove Collaborative (GROV) CFO Thomas Siragusa Receives RSU Award
What Happened
Thomas Siragusa, Chief Financial Officer of Grove Collaborative Holdings, was granted 137,931 restricted stock units (RSUs) on March 6, 2026. These are derivative awards (code A) representing a contingent right to receive one share of Class A common stock per RSU. No per-share price or immediate cash value is reported in the Form 4.
Key Details
- Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09). Filing appears timely.
- Award: 137,931 RSUs (derivative instrument); price reported as N/A.
- Vesting: RSUs vest in 12 equal installments on each Feb 15, May 15, Aug 15 and Nov 15, starting May 15, 2026. If a scheduled date falls on a weekend/holiday, vesting occurs the next business day.
- Acceleration: Accelerated vesting if there is a change in control and Siragusa’s service is terminated by the issuer without cause or he resigns for good reason.
- Expiration: The RSUs have no expiration date.
- Shares owned after transaction: Not reported in this Form 4 (check prior filings or the company’s proxy for total holdings).
Context
RSUs are compensation awards, not open-market purchases or sales; they do not represent immediate share ownership until vested and settled. Because the filing does not state a dollar value, investors seeking valuation should reference the company’s equity award disclosures (e.g., proxy statement or 10-K) for grant-date fair value and total outstanding shares.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-06+137,931→ 137,931 total→ Class A Common Stock (137,931 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of class A Common Stock
- [F2]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, 2026, 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.
- [F3]The RSUs have no expiration date.