Independent
Tenure on this board
8.0 yrs
3 nominees · 4 ballot items.
Grid Dynamics Holdings, Inc. has four matters scheduled for a vote at the 2025 Annual Meeting: (1) Election of Class III directors; (2) Ratification of the independent registered public accounting firm Grant Thornton LLP for 2025; (3) Advisory (non-binding) vote on the compensation of named executive officers; and (4) Approval of an amendment to the 2020 Equity Incentive Plan increasing the number of shares authorized for issuance by 3,500,000.
Election of three Class III directors to hold office until the 2028 annual meeting or until their successors are elected and qualified (nominees: Eric Benhamou, Patrick Nicolet, Weihang Wang).
Ratify Grant Thornton LLP as Grid Dynamics’ independent registered public accounting firm for the fiscal year ending December 31, 2025.
Non-binding advisory vote on the compensation of Grid Dynamics’ named executive officers.
Increase the number of shares authorized under the 2020 Equity Incentive Plan by 3,500,000 shares (from 16,300,000 to 19,800,000), with Appendix A detailing the Plan Amendment.
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 8.94% | 7,473,970 | $43M |
| 2 | Alyeska Investment Group, L.P. | 6.28% | 5,254,813 | $30M |
| 3 | BAMCO INC /NY/ | 3.59% | 3,000,322 | $17M |
| 4 | STATE STREET CORP | 3.49% | 2,916,353 | $17M |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 3.37% | 2,822,129 | $16M |
| 6 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.32% | 2,779,953 | $16M |
| 7 | T. Rowe Price Investment Management, Inc. | 3.07% | 2,566,911 | $15M |
| 8 | BlackRock, Inc. | 3.00% | 2,512,742 | $14M |
| 9 | ALLIANCEBERNSTEIN L.P. | 2.72% | 2,273,678 | $21M |
| 10 | RIVERBRIDGE PARTNERS LLC | 1.71% | 1,427,409 | $8M |
The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.
This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.
None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.
No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.