CEO Jeffrey Yurcisin Buys $94.7K of GROV Stock at $1.05
GROV sits 19% above its 52-week low of $0.863 on elevated volume (4.9× avg).
Summary
CEO Jeffrey Yurcisin bought $94,689 of Grove Collaborative stock on the open market at $1.05 per share, lifting his direct stake to 815,472 shares.
Key Events · Ownership and Investor Activity · GROV
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CEO Open-Market Purchase
Jeffrey Yurcisin, President & CEO, bought 90,000 shares at a weighted average price of $1.0521 for a total of $94,689 on September 1, 2026.
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Post-Transaction Holdings
Direct holdings increased to 815,472 shares following the purchase.
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Delisting Pressure Context
The purchase follows an August 11, 2026 NYSE delisting notice for failing to meet the $50 million market cap and equity thresholds.
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Insider Conviction Signal
The transaction is an open-market purchase (Code P), indicating genuine conviction rather than a routine compensation event.
Analysis · GROV · Trade & Services
President & CEO Jeffrey Yurcisin purchased 90,000 shares on the open market for $94,689 at a weighted average price of $1.0521. This is a real-money purchase, not an option exercise or grant, and it comes just weeks after the company received an NYSE delisting notice for failing to meet the $50 million market cap threshold. The buy increases his direct holdings to 815,472 shares and represents a modest but meaningful vote of confidence from the top executive during a period of acute listing and liquidity pressure.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.2% of the 1961 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.20%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, GROV was trading at $1.03 on NYSE in the Trade & Services sector, with a market capitalization of approximately $44M. The 52-week trading range was $0.86 to $1.57. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.