Form 4: Grindr Inc. CFO Vandana Mehta-Krantz Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Vandana Mehta-Krantz, CFO of Grindr Inc., reports acquiring and disposing of common stock on February 26, 2025, according to a Form 4 filing with the SEC.
Summary
- On February 26, 2025, Vandana Mehta-Krantz, the Chief Financial Officer of Grindr Inc., acquired 99,472 shares of common stock.
- These shares were acquired through the vesting of restricted stock units (RSUs).
- The RSUs fully vested on the same date, February 26, 2025.
- Each RSU represents the right to receive one share of common stock upon settlement.
- The CFO also disposed of 99,472 shares at a price of $0.
- Following these transactions, Mehta-Krantz beneficially owns 786,815 shares of Grindr Inc.
- The filing was signed by William Shafton, Attorney-in-Fact, on February 28, 2025.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of earliest transaction: Acquisition and vesting of 99,472 shares of common stock through RSUs. |
| 02/26/2025 | RSUs granted to the Reporting Person fully vested. |
| 02/28/2025 | Date of signature by William Shafton, Attorney-in-Fact. |
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