Form 4: Grindr Inc. Chief Product Officer Reports Tax Withholding Share Transaction
SEC Form 4 Filing
Austin J. Balance, Chief Product Officer of Grindr Inc., reports the withholding of 4,920 common stock shares to cover tax obligations related to vested restricted stock units.
Summary
- On March 17, 2025, Austin J. Balance, the Chief Product Officer of Grindr Inc., had 4,920 shares of common stock withheld by the issuer.
- This withholding was to satisfy tax obligations related to the settlement of restricted stock units (RSUs) that vested on March 7, 2025.
- The price per share for the withholding was $15.14.
- Following this transaction, Balance directly owns 611,034 shares of Grindr Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency in the market.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Restricted stock units (RSUs) vested. |
| 03/17/2025 | Transaction date: 4,920 shares of common stock withheld for tax obligations. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Grindr Inc., Austin J. Balance, Chief Product Officer, Share Withholding, Restricted Stock Units, Tax Obligations, Beneficial Ownership
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