Grindr insider Katz logs tax withholding, 15K sale
Grindr’s CLO and Head of Global Affairs reported tax-related share withholding and a planned open-market stock sale under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Grindr Inc. (GRND) reported insider transactions by its CLO and Head of Global Affairs, Zachary Katz. On September 12, 2026, the issuer withheld 31,546 shares of common stock at $15.28 per share to satisfy tax withholding on vested RSUs. On September 14, 2026, Katz sold 15,227 shares of common stock at a weighted average price of $15.57 per share in transactions under a Rule 10b5-1 trading plan adopted March 18, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 15,227 shares
Net Sell
2 txns
Insider
Katz Zachary
Role
CLO and Head of Global Affairs
Sold
15,227 shs ($237K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2, F3 | 15,227 | $15.57 | $237K |
| Tax Withholding | Common Stock F1 | 31,546 | $15.28 | $482K |
Holdings After Transaction:
Common Stock — 633,227 shares (Direct)
Footnotes (3)
- F1. The Reporting Person is reporting the withholding by the Issuer of the shares of common stock that vested on September 12, 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.
- F2. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 18, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.30 to $15.73, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
Key Figures
Shares sold: 15,227 shares
Sale weighted average price: $15.57 per share
Shares withheld for taxes: 31,546 shares
+2 more
5 metrics
Shares sold
15,227 shares
Common stock sale on September 14, 2026
Sale weighted average price
$15.57 per share
Weighted average for 15,227 shares sold, with prices from $15.30 to $15.73
Shares withheld for taxes
31,546 shares
Withholding on vested RSUs on September 12, 2026
Tax withholding reference price
$15.28 per share
Per-share value used for 31,546 withheld shares
Rule 10b5-1 plan adoption date
March 18, 2026
Plan governing the September 14, 2026 sales
Key Terms
Rule 10b5-1 trading plan, restricted stock units ("RSUs"), weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units ("RSUs") financial
"shares of common stock that vested on September 12, 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did GRND report for Zachary Katz on this Form 4?
The Form 4 reports withholding of 31,546 shares of Grindr common stock for tax obligations on vested RSUs on September 12, 2026, and a sale of 15,227 shares on September 14, 2026, under a Rule 10b5-1 trading plan.
At what prices were the GRND insider transactions executed?
Tax-related withholding was recorded at $15.28 per share on 31,546 shares. The 15,227-share sale used a weighted average price of $15.57 per share, with individual sale prices ranging from $15.30 to $15.73.
Were the recent GRND insider sales made under a Rule 10b5-1 plan?
Yes. The Form 4 states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on March 18, 2026, and the document-level Rule 10b5-1 checkbox is affirmed.
AI-generated analysis. How Rhea-AI works. Not financial advice.