Grid Dynamics Holdings, Inc. (NASDAQ:) CEO Leonard Livschitz has sold shares of the company’s common stock, according to a recent SEC filing. The transaction involved the sale of 15,000 shares at an average price of $13.73, totaling approximately $205,950.
The shares were sold on September 24, 2024, and the prices at which the stock was sold ranged from $13.58 to $13.91. The reported average price represents the weighted average sale price of the shares. Livschitz, who serves as both a director and the chief executive officer of Grid Dynamics, carried out the sale through a pre-arranged Rule 10b5-1 trading plan, which was adopted on September 1, 2023.
Following the sale, Livschitz remains a significant holder of Grid Dynamics stock, with 3,475,901 shares still under his direct ownership. Additionally, it was disclosed that 4,853 shares are indirectly owned by Livschitz’s…