Form 4: Grindr Inc. Chief Product Officer Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Austin J. Balance, Chief Product Officer of Grindr Inc., reports the acquisition and disposal of common stock and related transactions.
Summary
- On May 12, 2025, Austin J. Balance, Chief Product Officer of Grindr Inc., reported transactions involving the company's common stock.
- He acquired 75,673 shares of common stock at $0.
- He disposed of 686,707 shares of common stock.
- The report also covers restricted stock units (RSUs) granted to the reporting person on May 12, 2025, which fully vested on the same date, with each RSU representing the right to receive one share of common stock upon settlement.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an officer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of earliest transaction: acquisition and disposal of common stock and vesting of RSUs. |
| 05/14/2025 | Date of Power of Attorney execution. |
Keywords
Form 4, Grindr Inc., GRND, Austin J. Balance, Chief Product Officer, Beneficial Ownership, Securities Exchange Act, Restricted Stock Units, Common Stock, Transaction
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