Grindr (GRND) CLO Katz has 10,050 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grindr Inc. CLO and Head of Global Affairs Zachary Katz reported a tax-related share withholding. On the settlement of restricted stock units that vested on March 12, 2026, the company withheld 10,050 shares of common stock at $12.17 per share to cover his tax obligations.
This was a non-market transaction classified as a tax-withholding disposition, not an open-market sale, and followed routine RSU vesting. After the withholding, Katz directly held 749,094 shares of Grindr common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Katz Zachary
Role
CLO and Head of Global Affairs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,050 | $12.17 | $122K |
Holdings After Transaction:
Common Stock — 749,094 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 10,050 shares
Withholding price per share: $12.17 per share
Shares held after transaction: 749,094 shares
3 metrics
Shares withheld for taxes
10,050 shares
Tax-withholding disposition on RSU settlement
Withholding price per share
$12.17 per share
Value used for withheld Grindr common stock
Shares held after transaction
749,094 shares
Direct Grindr common stock holdings after withholding
Key Terms
restricted stock units ("RSUs"), tax withholding obligations, withholding by the Issuer
3 terms
restricted stock units ("RSUs") financial
"common stock that vested on March 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.
tax withholding obligations financial
"in order 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"
FAQ
What did Grindr (GRND) executive Zachary Katz report in this Form 4?
Zachary Katz reported a tax-related share withholding tied to RSU vesting. Grindr withheld 10,050 common shares to satisfy his tax obligations, a routine, non-market disposition, leaving him with 749,094 directly held shares afterward.
What role does Zachary Katz hold at Grindr (GRND) in this Form 4 filing?
In this Form 4, Zachary Katz is identified as Grindr’s CLO and Head of Global Affairs. The filing reports a routine tax-withholding event on vested RSUs, rather than discretionary buying or selling of the company’s common stock on the open market.
What triggered the tax-withholding disposition reported for Grindr (GRND)?
The disposition was triggered by RSUs that vested on March 12, 2026. When these restricted stock units settled, Grindr withheld 10,050 shares of common stock to satisfy Zachary Katz’s tax withholding obligations arising from the equity compensation event.