STOCK TITAN

Grindr (NYSE: GRND) CPO receives 37,220 performance-based shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Grindr Inc. reported that Chief Product Officer Austin J. Balance acquired 37,220 shares of common stock through the vesting and settlement of performance-based restricted stock units. These PSUs were granted under Grindr's Amended and Restated 2022 Equity Incentive Plan and vested after performance exceeded pre-set key performance indicator targets.

The compensation committee certified achievement of these targets on March 12, 2026, triggering immediate vesting and issuance of the shares at no cash cost to Balance. Following this award, he directly holds 945,207 shares of Grindr common stock, reflecting a routine, compensation-related equity grant rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Balance Austin J

(Last)(First)(Middle)
C/O GRINDR INC.
750 N.SAN VICENTE BLVD. STE RE1400

(Street)
WEST HOLLYWOOD CALIFORNIA 90069

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Grindr Inc. [ GRND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/12/2026A37,220(1)A$0945,207D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 37,220 PSUs that vested immediately upon issuance.
/s/ Bella Zaslavsky, Attorney-in-Fact03/23/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Grindr (GRND) report for Austin J. Balance?

Grindr reported that Chief Product Officer Austin J. Balance acquired 37,220 common shares. These came from vesting and settlement of performance-based restricted stock units under the 2022 Equity Incentive Plan after the compensation committee certified above-target performance.

How many Grindr (GRND) shares does Austin J. Balance hold after this Form 4?

After the transaction, Austin J. Balance directly holds 945,207 Grindr common shares. This total includes 37,220 shares issued on vesting of performance-based restricted stock units that became fully vested and settled on March 12, 2026.

Was the Grindr (GRND) Form 4 a market purchase or sale of shares?

The Form 4 does not show a market purchase or sale. Instead, it reflects a non-cash acquisition of 37,220 shares issued at $0.00 per share upon vesting and settlement of performance-based restricted stock units granted as equity compensation.

What triggered the vesting of Austin J. Balance’s PSUs at Grindr (GRND)?

The vesting was triggered when Grindr’s compensation committee certified achievement of performance targets. These performance-based restricted stock units vested based on results exceeding specified key performance indicators, leading to immediate issuance of 37,220 common shares on March 12, 2026.

Under which plan were the performance-based RSUs granted at Grindr (GRND)?

The performance-based restricted stock units were granted under Grindr’s Amended and Restated 2022 Equity Incentive Plan. Upon certification that key performance indicator targets were exceeded, 37,220 PSUs vested and were settled into an equal number of common shares.

What does the 37,220-share grant mean for Grindr (GRND) investors?

The 37,220-share grant represents routine equity compensation for Grindr’s Chief Product Officer. It is a non-cash award tied to performance goals and increases his direct ownership to 945,207 shares, aligning executive incentives with company performance without indicating open-market buying or selling.
Grindr Inc

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Software - Application
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United States
WEST HOLLYWOOD