Groupon (GRPN) COO Rajkumar Vikram Receives Equity Award

What Happened
Rajkumar Aditya Vikram, Chief Operating Officer of Groupon, was granted two equity awards on August 3, 2026: 77,500 restricted stock units (RSUs) and 77,500 performance share units (PSUs), for a total of 155,000 units. Each award is recorded at $0.00 acquisition price on the Form 4 and represents a contingent right to receive common stock in the future (derivative securities), not an immediate purchase of shares.

Key Details

• Transaction date: August 3, 2026; Form 4 filed Aug 5, 2026 (timely within the usual two-business-day window).
• Transaction code: A = Award/Grant; reported acquisition price $0.00 per unit.
• Units granted: 77,500 RSUs + 77,500 PSUs = 155,000 total.
• Shares/ownership after transaction: Not specified in the filing.
• RSU vesting (F2): Vest in three equal tranches (1/3 each) on May 1 of 2027, 2028 and 2029, subject to continued service and a year‑end performance modifier ranging 0%–300% per tranche.
• PSU vesting (F4): Cliff vests May 1, 2029, with payout tied to Groupon’s relative total shareholder return (TSR) vs. the Russell 2000 over May 1, 2026–May 1, 2029; payout ranges from 0% (≤50th percentile) to 300% (≥90th percentile). If TSR is negative, payout is capped at 100%. The Compensation Committee may adjust TSR to neutralize effects of liquidity events or certain revaluations.
• Footnotes: F1/F3 clarify RSUs and PSUs are contingent rights to receive common stock upon vesting.

Context
These awards are compensation grants (not open‑market purchases or sales). RSUs and PSUs are derivative awards that only convert to shares if vesting and performance conditions are met, so they do not represent immediate ownership or proceeds. PSUs are performance‑contingent and intended to align executive pay with multi‑year company performance.