Grove Collaborative Director Jason Karp Buys 70,200 Shares (Open Market)

What Happened
Jason H. Karp, a director of Grove Collaborative Holdings, Inc. (GROV), made open‑market purchases totaling 70,200 shares: 55,000 shares on 2026-09-01 at a weighted average price of $1.03 (≈ $56,529) and 15,200 shares on 2026-09-02 at a weighted average price of $1.08 (≈ $16,357). Combined, the transactions cost about $72,886. These were purchases (code P), which are purchases of company stock rather than sales.

Key Details

• Transaction dates: Sept 1, 2026 (55,000 shares) and Sept 2, 2026 (15,200 shares).
• Reported weighted-average prices: $1.03 (Sept 1) and $1.08 (Sept 2); combined value ≈ $72,886.
• Footnotes: trades were executed in multiple fills—prices ranged $0.99–$1.0873 (Sept 1 fills) and $1.04–$1.0799 (Sept 2 fills); weighted averages reported (reporting person can provide breakdown on request).
• Holdings: the securities are directly held by HCI Grove, LLC, for which Mr. Karp is sole manager (per filing). The filing does not list total shares owned after these purchases in the provided excerpt.
• Filing/timeliness: Form 4 was filed on 2026-09-02 for transactions on 2026-09-01 and 09-02, indicating a timely report.

Context
Open‑market purchases by insiders are often watched by investors as one signal of confidence, but they do not by themselves prove motive or future performance. These buys were done via multiple trades at varying prices and are reported as acquisitions held through an LLC.