4Filed Sep 10, 8:00 PM ET

Grove Collaborative (GROV) Director Stuart Landesberg Buys Stock

$GROV · Grove Collaborative Holdings, Inc.

Research Summary

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Grove Collaborative (GROV) Director Stuart Landesberg Buys Stock

What Happened
Stuart Landesberg, a director of Grove Collaborative Holdings, acquired a total of 4,827 shares in open-market purchases on September 9 and September 10, 2026. The reported weighted-average purchase price was $1.05 per share, for an aggregate cost of roughly $5,068. These are outright purchases (transaction code P), which are purchases rather than sales.

Key Details

  • Transaction dates: 2026-09-09 (2,943 shares) and 2026-09-10 (1,884 shares).
  • Prices: weighted average $1.05; individual trades executed in the $1.04–$1.05 range (footnote F1).
  • Total shares acquired: 4,827; total reported value ≈ $5,068.
  • Shares after transaction: not specified in the provided filing excerpt.
  • Holding vehicle: shares are directly held by The Landesberg Living Trust (dated Oct 15, 2021); Mr. Landesberg and his spouse are co‑trustees (footnote F2).
  • Filing: Form 4 filed 2026-09-11 (covering trades on 9/9–9/10) — appears to be timely under Form 4 rules.
  • Transaction code: P = Purchase.

Context
Purchases by directors can be interpreted by some investors as a signal of confidence, but they may also be routine trust or portfolio activity. Footnote F1 notes the trades occurred in multiple executions within a narrow price range and that detailed per-trade pricing is available upon request. Footnote F2 indicates the securities are held in a trust for which the reporting person is a co‑trustee rather than held directly in a personal brokerage account.