Form 4: Grindr Inc. Executive Zachary Katz Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
Zachary Katz, GC and Head of Global Affairs at Grindr Inc., reports the withholding of 21,276 shares to cover tax obligations related to vested restricted stock units.
Summary
- On May 14, 2025, Zachary Katz, GC and Head of Global Affairs at Grindr Inc., reported a transaction involving the withholding of Grindr Inc. common stock.
- The transaction involved the withholding of 21,276 shares of common stock at a price of $23.99 per share.
- These shares were withheld by the issuer to satisfy Mr. Katz's tax withholding obligations upon the settlement of restricted stock units (RSUs) that vested on May 12, 2025.
- Following the reported transaction, Mr. Katz beneficially owns 639,189 shares of Grindr Inc. common stock directly.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation and tax obligations; it doesn't inherently indicate positive or negative 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 |
|---|---|
| 05/12/2025 | Restricted stock units (RSUs) vested. |
| 05/14/2025 | Date of share withholding transaction. |
| 05/16/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Grindr Inc., Zachary Katz, Share Withholding, Restricted Stock Units, Tax Obligations, Beneficial Ownership, GRND
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