Form 4: Grindr Inc. Executive Zachary Katz Reports Stock Transactions
SEC Form 4 Filing
Zachary Katz, GC and Head of Global Affairs at Grindr Inc., reports the acquisition and disposal of common stock related to vested restricted stock units (RSUs).
Summary
- On November 1, 2024, Zachary Katz, GC and Head of Global Affairs at Grindr Inc., acquired 63,266 shares of common stock through the vesting of restricted stock units (RSUs).
- These RSUs fully vested on the same day, with each RSU representing the right to receive one share of common stock.
- Also on November 1, 2024, the Issuer withheld 32,064 shares of common stock at a price of $13.36 to satisfy tax withholding obligations related to the settlement of the RSUs.
- Following these transactions, Katz directly owns 589,780 shares of Grindr Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting required information about stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of RSU vesting and stock transactions. |
| 11/05/2024 | Date of report filing. |
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