Form 4: Grindr Inc. CEO George Arison Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Grindr Inc. CEO George Arison reports the withholding of 89,454 shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 17, 2025, Grindr Inc. CEO George Arison reported the withholding of 89,454 shares of common stock by the issuer to satisfy tax obligations related to vested restricted stock units (RSUs).
- The shares were withheld at a price of $15.14 per share.
- Following the transaction, Arison directly owns 2,594,321 shares of Grindr Inc. common stock.
- Arison also indirectly owns 100,000 shares through The George Arison 2024 GRAT.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment towards the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, such as directors and officers. This filing indicates routine tax-related transactions and doesn't necessarily reflect a change in the executive's overall confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Restricted stock units vested. |
| 03/17/2025 | Date of transaction: Withholding of shares for tax obligations. |
| 03/19/2025 | Date of report filing. |
Keywords
Form 4, Beneficial Ownership, George Arison, Grindr Inc., GRND, Tax Withholding, Restricted Stock Units, RSUs, Equity Securities
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