Form 4: Grindr CFO Vandana Mehta-Krantz Reports Tax Withholding Share Transaction

Vandana Mehta-Krantz, CFO of Grindr Inc., reports the withholding of 46,170 shares to cover tax obligations related to vested restricted stock units.

Summary

• On May 14, 2025, Vandana Mehta-Krantz, the Chief Financial Officer of Grindr Inc., reported a transaction involving the withholding of Grindr's common stock.
• The issuer withheld 46,170 shares of common stock at a price of $23.99 per share to satisfy tax withholding obligations upon the settlement of restricted stock units (RSUs) that vested on May 12, 2025.
• Following the transaction, Mehta-Krantz directly owns 809,205 shares of Grindr Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard tax withholding procedures. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This is a routine Form 4 filing related to insider transactions, specifically the withholding of shares to cover tax obligations upon the vesting of restricted stock units. Such filings are common and provide transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minor impact on the total number of outstanding shares due to the withholding, but it is unlikely to significantly affect shareholders.

Key Dates

Keywords

Form 4, Grindr Inc., Vandana Mehta-Krantz, CFO, insider trading, restricted stock units, tax withholding, GRND