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                    <ccc>XXXXXXXX</ccc>
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            <liveTestFlag>LIVE</liveTestFlag>



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            <issuerName>GRID DYNAMICS HOLDINGS, INC.</issuerName>
            <secFileNumber>001-38685</secFileNumber>
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                <ns2:city>San Ramon</ns2:city>
                <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                <ns2:zipCode>94583</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(650) 523-5000</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>LEONARD LIVSCHITZ</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Officer</relationshipToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
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            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>15000</noOfUnitsSold>
            <aggregateMarketValue>213491.00</aggregateMarketValue>
            <noOfUnitsOutstanding>76667007</noOfUnitsOutstanding>
            <approxSaleDate>09/10/2024</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
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            <natureOfAcquisitionTransaction>Exercised Shares</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>ISSUER</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
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            <paymentDate>11/10/2021</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
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                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94583</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
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            <amountOfSecuritiesSold>5000</amountOfSecuritiesSold>
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                    <ns2:zipCode>94583</ns2:zipCode>
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            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
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            <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
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                    <ns2:zipCode>94583</ns2:zipCode>
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            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>08/13/2024</saleDate>
            <amountOfSecuritiesSold>3309</amountOfSecuritiesSold>
            <grossProceeds>43082.85</grossProceeds>
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                    <ns2:zipCode>94583</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
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            <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
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            <grossProceeds>22011.41</grossProceeds>
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            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
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            <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
            <grossProceeds>128255.00</grossProceeds>
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            <grossProceeds>60000.00</grossProceeds>
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        <securitiesSoldInPast3Months>
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                <name>LEONARD LIVSCHITZ</name>
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                    <ns2:zipCode>94583</ns2:zipCode>
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            <securitiesClassTitle>Common</securitiesClassTitle>
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        <securitiesSoldInPast3Months>
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                    <ns2:zipCode>94583</ns2:zipCode>
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            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>07/02/2024</saleDate>
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        <securitiesSoldInPast3Months>
            <sellerDetails>
                <name>LEONARD LIVSCHITZ</name>
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                    <ns2:stateOrCountry>CA</ns2:stateOrCountry>
                    <ns2:zipCode>94583</ns2:zipCode>
                </address>
            </sellerDetails>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <saleDate>06/18/2024</saleDate>
            <amountOfSecuritiesSold>10000</amountOfSecuritiesSold>
            <grossProceeds>96628.00</grossProceeds>
        </securitiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>09/10/2024</noticeDate>
            <planAdoptionDates>
                <planAdoptionDate>09/01/2023</planAdoptionDate>
            </planAdoptionDates>
            <signature>/s/ Leonard Livschitz</signature>
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144
0001805657
XXXXXXXX
LIVE
0001743725
GRID DYNAMICS HOLDINGS, INC.
001-38685
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
(650) 523-5000
LEONARD LIVSCHITZ
Officer
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
15000
213491.00
76667007
09/10/2024
NASDAQ
COMMON
11/10/2021
Exercised Shares
ISSUER
N
15000
11/10/2021
Cash
N
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
08/27/2024
5000
67764.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
08/27/2024
10000
135516.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
08/13/2024
3309
43082.85
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
08/13/2024
10000
130150.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
08/13/2024
1691
22011.41
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
07/30/2024
10000
128255.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
07/30/2024
5000
63985.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
07/17/2024
5000
60000.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
07/16/2024
10000
116292.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
07/02/2024
10000
103825.00
LEONARD LIVSCHITZ
5000 Executive Parkway, Suite 520
San Ramon
CA
94583
Common
06/18/2024
10000
96628.00
09/10/2024
09/01/2023
/s/ Leonard Livschitz