Grove Collaborative (GROV) Director Stuart Landesberg Buys 15,173 Shares

What Happened
Stuart Landesberg, a director of Grove Collaborative Holdings, acquired 15,173 common shares in an open-market purchase on September 11, 2026. The weighted average price reported was $1.04 per share, for a total cost of roughly $15,800. This was a purchase (insider buy), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-09-11 (reported on Form 4 filed 2026-09-15). Filing date is within the standard Form 4 deadline (two business days after the transaction).
• Transaction type/code: P = Purchase (open market or private purchase).
• Shares purchased: 15,173; weighted average price: $1.04; total ≈ $15,800.
• Price range: executed in multiple trades at prices from $1.03 to $1.05; the $1.04 figure is the weighted average (footnote confirms availability of per-trade breakdown upon request).
• Shares ownership after transaction: Not specified in the Form 4 (the filing does not disclose total beneficial ownership post-transaction).
• Footnote on ownership: The purchased shares are directly held by The Landesberg Living Trust (dated October 15, 2021), for which Landesberg and his spouse serve as co-trustees.

Context

• This was a direct purchase of shares (no option exercise, award, gift, or tax-related withholding involved).
• Purchases by insiders can signal confidence, but they are one data point; consider company fundamentals and other filings before drawing conclusions.