Form 4: Grindr CEO Arison's Tax Withholding on RSU Vesting
Insider Transaction Report
Grindr CEO George Arison reported the withholding of 190,425 shares of common stock at $12.74 per share to cover tax obligations from RSU vesting.
Summary
- George Arison, Grindr Inc.'s Chief Executive Officer and Director, reported a transaction involving Grindr common stock.
- On October 15, 2025, 190,425 shares of common stock were withheld by Grindr Inc.
- This withholding was to satisfy tax obligations upon the settlement of Restricted Stock Units (RSUs) that vested on October 14, 2025.
- The shares were valued at $12.74 per share for the purpose of this transaction.
- Following this transaction, Arison directly beneficially owns 1,878,471 shares of common stock.
- Additionally, 100,000 shares are indirectly beneficially owned through The George Arison 2024 GRAT.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event following RSU vesting, which is neutral in terms of company performance or outlook.
Future Outlook
NA
Industry Context
This is a routine insider transaction related to executive compensation and tax obligations, common across all industries for publicly traded companies when restricted stock units vest. It does not reflect broader industry trends or competitive positioning.
Related Party Transactions
- 100,000 shares are indirectly beneficially owned by George Arison through The George Arison 2024 GRAT, which is a related party entity.
Stakeholder Impact
- Shareholders: The transaction represents a routine adjustment to executive shareholdings due to compensation vesting and tax obligations, with minimal direct impact on other shareholders.
- Employees: The RSU vesting and tax withholding process is a standard component of executive compensation, aligning executive interests with company performance over time.
Key Dates
| Date | Description |
|---|---|
| 10/14/2025 | Restricted Stock Units (RSUs) vested. |
| 10/15/2025 | Date of transaction where shares were withheld for tax obligations. |
| 10/17/2025 | Date the Form 4 was signed by Attorney-in-Fact. |
Keywords
Grindr, GRND, George Arison, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Common Stock
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.