Leonard Livschitz, an officer and director of Grid Dynamics Holdings, Inc., filed a Form 144 notice on October 29, 2026, disclosing a proposed sale of 10,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services.

Key Highlights

  • Proposed seller: Leonard Livschitz, identified in the filing as both an officer and a director of Grid Dynamics Holdings, Inc.
  • Shares proposed for sale: 10,000 shares of common stock, with an aggregate market value of $90,000.00 according to the filing.
  • Shares outstanding: The filing reports 81,126,881 shares of common stock outstanding.
  • Acquisition history: The 10,000 shares were acquired on December 10, 2021, through a performance shares transaction from the issuer.
  • Rule 10b5-1 plan: The filing indicates a plan adoption date of August 4, 2025, reflecting reliance on Rule 10b5-1.
  • No sales in past 3 months: The filing states "Nothing to Report" for securities sold during the past three months.
  • Approximate sale date: October 29, 2026, on NASDAQ, with Morgan Stanley Smith Barney LLC Executive Financial Services listed as broker.

Livschitz Form 144 Filing: Proposed Sale Details and Background

According to the Form 144 filed with the U.S. Securities and Exchange Commission, Leonard Livschitz, who holds both officer and director roles at Grid Dynamics Holdings, Inc. (NASDAQ:GDYN), has provided notice of a proposed sale of 10,000 shares of the company's common stock. The filing lists an aggregate market value of $90,000.00 for the proposed sale and names Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004, as the executing broker.

The filing discloses that the 10,000 shares subject to this proposed sale were acquired on December 10, 2021, as performance shares from the issuer, with payment described as "Not Applicable." The filing further notes that no consideration other than cash was involved in any installment or note arrangement. As of the filing date, Grid Dynamics Holdings, Inc. reported 81,126,881 shares of common stock outstanding, according to the document.

Livschitz indicated a Rule 10b5-1 plan adoption date of August 4, 2025, meaning the proposed sale is being conducted under a pre-established written trading plan. The filing also reports no securities sold during the past three months by the person for whose account the securities are to be sold, noting "Nothing to Report" in that section. The issuer's address is listed as 6101 Bollinger Canyon Road, Suite 465, San Ramon, California 94583.

What Was Disclosed

A Form 144 notice was filed on October 29, 2026, by Leonard Livschitz, an officer and director of Grid Dynamics Holdings, Inc., disclosing the proposed sale of 10,000 common shares acquired as performance shares in December 2021, with the sale to be conducted under a Rule 10b5-1 plan adopted August 4, 2025.