Yurcisin Jeffrey Michael 4

What Happened
Jeffrey M. Yurcisin, President & CEO and a director of Grove Collaborative (GROV), was granted 397,552 restricted stock units (RSUs) on 2026-03-06. The grant is reported as a derivative award (transaction code A); no per-share price or immediate cash value is reported because these are contingent rights to future shares rather than an open-market trade.

Key Details

• Transaction date: 2026-03-06 (Form 4 filed 2026-03-09). Filing appears timely.
• Transaction type/code: Award/Grant (A); derivative RSUs (no immediate issuance of shares).
• Amount granted: 397,552 RSUs. Price: N/A (RSUs, not a purchase/sale).
• Post-transaction holdings: not specified in the filing.
• Vesting: RSUs vest in 12 equal installments on each Feb 15, May 15, Aug 15 and Nov 15 beginning May 15, 2026 (vesting dates move to next business day if on weekend/holiday).
• Change-in-control: accelerated vesting if the executive’s service is terminated without cause or he resigns for good reason following a change in control.
• Other: RSUs have no expiration date.

Context
RSUs are a form of equity compensation that convert into shares only as they vest; they are not the same as an outright purchase and do not represent immediate cash proceeds. Grants like this are common for executives as part of long-term incentive compensation and should be viewed as compensation-related rather than a direct insider buy/sell signal.