Grove Collaborative, Inc. Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2026

Stock option activity under the Company’s incentive plan is as follows (in thousands, except share and per share amounts):


	Options Outstanding
	Number of Options	Weighted–Average Exercise Price		Weighted-Average Remaining Contractual Life (years)	Aggregate Intrinsic Value
Balance – December 31, 2025	1,594,703	$	7.38	2.74	$	—

Cancelled/forfeited	(7,755)	$	15.32
Balance – March 31, 2026	1,586,948	$	7.34	2.51	$	11
Options vested and exercisable – March 31, 2026	1,383,515	$	5.64	2.16	$	11

The following table summarizes the activity for all RSUs under all of the Company’s equity incentive plans for the three months ended March 31, 2026:


	Number of Shares	Weighted–Average Grant Date Fair Value Per Share
Unvested – December 31, 2025	3,835,924	$	1.61
Granted	1,969,051	$	1.29
Vested	(361,083)	$	2.11
Forfeited	(166,043)	$	1.63
Balance – March 31, 2026	5,277,849	$	1.46