Form 4: Grindr CFO Vandana Mehta-Krantz Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Vandana Mehta-Krantz, CFO of Grindr Inc., reports the withholding of 42,861 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 4, 2025, Vandana Mehta-Krantz, the Chief Financial Officer of Grindr Inc., reported a transaction involving the withholding of Grindr's common stock.
- The transaction involved 42,861 shares of common stock withheld by the issuer to satisfy tax obligations related to the settlement of restricted stock units (RSUs) that vested on February 26, 2025.
- The price per share for the withholding was $18.24.
- Following the transaction, Mehta-Krantz directly owns 743,954 shares of Grindr Inc.
Sentiment
Score: 5
Explanation: This is a neutral report on a standard tax-related transaction; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to insider transactions and is common for executives receiving stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| February 26, 2025 | Restricted stock units (RSUs) vested. |
| March 4, 2025 | Transaction date for the withholding of shares. |
| March 6, 2025 | Date of the signature on the Form 4 filing. |
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