Leonard Livschitz, an officer and director of Grid Dynamics Holdings, Inc., filed a Form 144 notice on November 10, 2026, disclosing a proposed sale of 20,000 shares of common stock under Rule 144 of the Securities Act of 1933.

Key Highlights

  • Proposed sale: Livschitz intends to sell 20,000 shares of Grid Dynamics Holdings common stock with an aggregate market value of $267,991.00.
  • Broker: The sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.
  • Shares outstanding: According to the filing, 80,370,132 shares of common stock were outstanding at the time of notice.
  • Acquisition origin: The 20,000 shares were acquired on December 10, 2021, as performance shares from the issuer, with payment listed as "Not Applicable."
  • 10b5-1 plan: The filing indicates a Rule 10b5-1 plan adoption date of August 4, 2025.
  • Prior sales: Livschitz sold 10,000 shares on October 30, 2026, for gross proceeds of $120,198.00, and 10,000 shares on October 29, 2026, for gross proceeds of $90,000.00.

Livschitz Form 144 Details: Proposed Sale and Recent Transaction History

According to the filing, Leonard Livschitz, identified as both an officer and a director of Grid Dynamics Holdings, Inc. (NASDAQ:GDYN), submitted a Form 144 notice dated November 10, 2026, covering a proposed sale of 20,000 shares of the company's common stock. The aggregate market value of those shares is listed as $267,991.00, and the approximate date of sale is stated as November 10, 2026. The filing identifies the exchange as NASDAQ.

The 20,000 shares proposed for sale were originally acquired on December 10, 2021, through a performance share award from the issuer. The filing records the nature of payment as "Not Applicable." Livschitz's address on record is 6101 Bollinger Canyon Road, Suite 465, San Ramon, California 94583, which is also the issuer's listed address. The filing notes the plan adoption date under Rule 10b5-1 as August 4, 2025.

In the three months prior to this notice, the filing discloses two transactions by Livschitz: a sale of 10,000 shares on October 30, 2026, generating gross proceeds of $120,198.00, and a sale of 10,000 shares on October 29, 2026, generating gross proceeds of $90,000.00. Both prior sales involved the company's common stock. By signing the Form 144, Livschitz represented, as stated in the filing, that he "does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed."

What Was Disclosed

Grid Dynamics Holdings officer and director Leonard Livschitz filed a Form 144 notice on November 10, 2026, proposing to sell 20,000 common shares valued at $267,991.00, originally received as performance shares in December 2021, with sales to be executed through Morgan Stanley Smith Barney LLC.