Form 4: Grindr Inc. CFO Vandana Mehta-Krantz Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Vandana Mehta-Krantz, CFO of Grindr Inc., reports the withholding of 49,621 shares to cover tax obligations upon the vesting of RSUs.
Summary
- On September 26, 2024, Grindr Inc. withheld 49,621 shares of common stock from CFO Vandana Mehta-Krantz to cover tax obligations.
- These shares were related to the vesting of Restricted Stock Units (RSUs) granted on November 18, 2022.
- The withholding occurred at a price of $12.16 per share.
- Following the transaction, Mehta-Krantz directly owns 716,053 shares of Grindr Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it relates to internal tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| November 18, 2022 | Date of RSU grant to Vandana Mehta-Krantz. |
| September 26, 2024 | Date of share withholding for tax obligations. |
| September 30, 2024 | Date of signature on the Form 4 filing. |
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