Shuo Zhang - Dec 23, 2024 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role: Director
Signature: /s/ Anil Doradla, by power of attorney
Stock symbol: GDYN
Transactions as of: Dec 23, 2024
Transactions value $: $74,982
Form type: 4
Date filed: 12/26/2024, 08:26 PM
Previous filing: Jun 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDYN	Common Stock	Award	$75K	+3.67K	+4%	$20.42	95.5K	Dec 23, 2024	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. 100% of the RSUs shall vest on December 23, 2025, subject to the Reporting Person continuing as a service provider through such date.