Grindr (GRND) director Robert Solomon receives time-based RSU awards
Rhea-AI Filing Summary
Solomon Robert reported acquisition or exercise transactions in this Form 4 filing.
Grindr Inc. director Robert Solomon reported equity awards of common stock through restricted stock units (RSUs). On June 2, 2026, he received two RSU grants covering 1,734 shares and 13,593 shares of common stock at no cash cost.
Each RSU represents the right to receive one share of common stock upon settlement. For both grants, one quarter of the RSUs vest and settle into stock every three months on the grant date anniversary, subject to his continuous service under Grindr’s Amended and Restated 2022 Equity Incentive Plan. One grant will fully vest no later than immediately before the 2027 annual stockholder meeting or an earlier change in control, while the other fully vests immediately before a change in control, in each case subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,593 | $0.00 | -- |
| Grant/Award | Common Stock | 1,734 | $0.00 | -- |
Footnotes (1)
- Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs") granted on June 2, 2026. Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 1/4th of the RSUs vest and settle into Common Stock every three months on the same day of the month as the grant date, subject to the Reporting Person's Continuous Service (as defined in the Issuer's Amended and Restated 2022 Equity Incentive Plan (the "2022 Plan")) through each such vesting date; provided, that the RSUs will in any event vest in full on the earlier to occur of (1) immediately prior to the Issuer's 2027 annual stockholder meeting, and (2) immediately prior to the effective time of a Change in Control (as defined in the 2022 Plan), subject to the Reporting Person's Continuous Service through the applicable time. Represents the number of shares of the Issuer's Common Stock underlying RSUs granted on June 2, 2026. Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 1/4th of the RSUs vest and settle into Common Stock every three months on the same day of the month as the grant date, subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such vesting date; provided, that the RSUs will vest in full immediately prior to the effective time of a Change in Control (as defined in the 2022 Plan), subject to the Reporting Person's Continuous Service through such time.