Grindr CLO granted 28,007 performance shares
Katz Zachary reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Katz Zachary reported acquisition or exercise transactions in this Form 4 filing.
Grindr Inc. chief legal officer and Head of Global Affairs Zachary Katz received 28,007 shares of common stock on March 12, 2026 through the vesting and settlement of performance-based restricted stock units (PSUs) granted under the company’s Amended and Restated 2022 Equity Incentive Plan.
The compensation committee certified that key performance indicators were achieved above pre-set targets, triggering immediate vesting of these 28,007 PSUs. Following this award, Katz directly holds a total of 759,144 shares of Grindr common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28,007 | $0.00 | $0.00 |
Footnotes (2)
- F1. Shares of the Issuer's common stock issued on vesting and settlement of performance-based restricted stock units ("PSUs") granted under the Issuer's Amended and Restated 2022 Equity Incentive Plan, based on achievement in excess of certain pre-specified target key performance indicators. On March 12, 2026, the compensation committee of the Issuer's board of directors certified achievement of the performance targets, resulting in vesting and settlement of 28,007 PSUs that vested immediately upon issuance.
- F2. This number reflects a correction in the Reporting Person's beneficial ownership to account for sales effected pursuant to a Rule 10b5-1 trading plan, adopted March 17, 2025, which were previously reported in the Form 4 on November 28, 2025.
FAQ
What insider transaction did Grindr (GRND) report for Zachary Katz?
What triggered the vesting of Zachary Katz’s 28,007 PSUs at Grindr (GRND)?
What does the footnote about a Rule 10b5-1 plan mean in this Grindr (GRND) filing?
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