Form 4: Grindr Inc. Executive Zachary Katz Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Zachary Katz, GC and Head of Global Affairs at Grindr Inc., reports acquiring and disposing of shares of common stock on May 12, 2025, following the vesting of restricted stock units.
Summary
- On May 12, 2025, Zachary Katz, GC and Head of Global Affairs at Grindr Inc., reported transactions involving the company's common stock.
- Katz acquired 41,897 shares of common stock upon the vesting of restricted stock units (RSUs).
- The RSUs fully vested on May 12, 2025, with each RSU representing the right to receive one share of common stock.
- Following the reported transactions, Katz beneficially owns 660,465 shares of Grindr Inc.
- The acquisition price of the shares was $0.
- The reporting person disposed of an unstated amount of shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The vesting of RSUs indicates that Katz has met certain performance or time-based milestones set by the company.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity by a key executive at Grindr Inc.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of the reported transaction, RSU grant, and RSU vesting. |
| 05/14/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Zachary Katz, Grindr Inc., GRND, Restricted Stock Units, RSUs, Common Stock, Vesting
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