4Filed Aug 27, 8:00 PM ET
Grove Collaborative (GROV) Director Stuart Landesberg Receives RSU Award
$GROV · Grove Collaborative Holdings, Inc.Research Summary
AI-generated summary of this SEC filing
Grove Collaborative (GROV) Director Stuart Landesberg Receives RSU Award
What Happened
- Stuart Landesberg, a director of Grove Collaborative Holdings, Inc. (GROV), received an award of 64,159 restricted stock units (RSUs) on August 27, 2026. The filing reports this as an award/grant (transaction code A); no purchase price or immediate cash value is reported because these are contingent RSUs rather than shares delivered today.
Key Details
- Transaction date: 2026-08-27 (Form filed 2026-08-28).
- Transaction type/code: Grant/Award (A); derivative equity award (RSUs).
- Shares/units granted: 64,159 RSUs.
- Price/Value: N/A in the filing — RSUs convert to shares upon vesting; no immediate sale or cash received.
- Shares owned after transaction: Not specified in the filing.
- Footnotes from the filing:
- F1: Each RSU represents a contingent right to one share of Class A common stock.
- F2: These RSUs vest in full on the earlier of May 15, 2027 or the date of the 2027 Annual Meeting of Stockholders.
- F3: The RSUs have no expiration date.
- Timeliness: Filed one day after the grant date (appears timely); no 10b5-1 plan or tax-withholding notes disclosed.
Context
- RSU awards are common director compensation and do not represent immediate ownership until they vest. Because these are time/meeting-contingent RSUs, they only convert to shares if and when the vesting conditions are met; that conversion is when Landesberg would become an actual shareholder of those shares. The filing is informational and does not necessarily signal a buy/sell intent.