Grindr (GRND) CEO has shares withheld to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grindr Inc. CEO George Arison reported a tax-related share disposition. On the settlement of restricted stock units that vested on April 14, 2026, the issuer withheld 190,800 shares of common stock at $12.64 per share to satisfy his tax withholding obligations.
These shares were not sold in the open market but retained by the company for taxes. After this withholding, Arison directly holds 1,545,268 common shares and has additional indirect holdings of 22,500 shares in The George Arison 2024 GRAT and 150,000 shares in The George Arison 2026 GRAT.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Arison George
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 190,800 | $12.64 | $2.41M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,545,268 shares (Direct);
Common Stock — 22,500 shares (Indirect, See footnote)
Footnotes (1)
- The Reporting Person is reporting the withholding by the Issuer of the shares of common stock that vested on April 14, 2026 pursuant to restricted stock units ("RSUs") that were not issued in order to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs. The shares are held of record by The George Arison 2024 GRAT. The shares are held of record by The George Arison 2026 GRAT.
Key Figures
Tax-withheld shares: 190,800 shares
Withholding share value: $12.64 per share
Direct holdings after transaction: 1,545,268 shares
+3 more
6 metrics
Tax-withheld shares
190,800 shares
Common stock withheld for RSU tax obligations
Withholding share value
$12.64 per share
Reported price for withheld RSU shares
Direct holdings after transaction
1,545,268 shares
CEO George Arison direct Grindr common stock
2024 GRAT holdings
22,500 shares
Held by The George Arison 2024 GRAT
2026 GRAT holdings
150,000 shares
Held by The George Arison 2026 GRAT
Tax-withholding shares (summary)
190,800 shares
TaxWithholdingShares in transactionSummary
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, withholding by the Issuer, GRAT, +1 more
5 terms
restricted stock units ("RSUs") financial
"shares of common stock that vested on April 14, 2026 pursuant to restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs"
withholding by the Issuer financial
"reporting the withholding by the Issuer of the shares of common stock"
GRAT financial
"The shares are held of record by The George Arison 2024 GRAT."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.