4Accepted Sep 22, 4:47 PM ET
Groupon CAO Kyle Netzly Receives 6,936 Shares from RSU Vest
Accepted (ET)
4:47 PM
Sep 22, 2026
Filed
Sep 22, 2026
Documents
1
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8.5 KB
Summary
Groupon CAO Kyle Netzly Receives 6,936 Shares from RSU Vest
What Happened
Kyle Netzly, Chief Accounting Officer of Groupon, had 6,936 restricted stock units (RSUs) vest on September 18, 2026. Those RSUs converted into 6,936 shares (reported at $19.08 each, total value ~$132,339). To cover mandatory tax withholding, 2,865 shares were withheld (valued at ~$54,664), leaving Netzly with a net increase of 4,071 shares (net value ≈ $77,675 based on the reported price). The withholding was done via share retention, not an open-market sale.
Key Details
- Transaction date: September 18, 2026; Form 4 filed September 22, 2026 (filed within the required two business days).
- Reported prices/values: 6,936 shares @ $19.08 = $132,339; 2,865 shares withheld @ $19.08 = $54,664.
- Net shares received: 4,071 (6,936 vested − 2,865 withheld).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — shares withheld to satisfy mandatory tax withholding (not an open-market sale). F2 — each RSU equals the right to one share. F3 — 6,936 RSUs vested upon continued employment.
Context
- This was a routine compensation event (RSU vesting) rather than a purchase or open-market sale. The filing shows a conversion/exercise-type reporting entry for the RSUs (transaction code M) and a tax-withholding entry (code F).
- Tax-withholding by share retention is common and does not necessarily indicate insider sentiment about the stock.