Grindr CPO has shares withheld for RSU taxes
Grindr Inc. Chief Product Officer Austin J. Balance reported a tax-related share disposition tied to vested equity.
Rhea-AI Filing Summary
Grindr Inc. Chief Product Officer Austin J. Balance reported a tax-related share disposition tied to vested equity. On settlement of restricted stock units that vested on March 12, 2026, the company withheld 13,355 shares of common stock to cover his tax withholding obligations rather than issuing those shares.
Following this tax-withholding event, Balance directly holds 931,852 shares of Grindr common stock. This reflects a routine compensation and tax-settlement mechanism rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,355 | $12.17 | $163K |
Footnotes (1)
- F1. The Reporting Person is reporting the withholding by the Issuer of the shares of common stock that vested on March 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.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax withholding obligations financial
tax-withholding disposition financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Grindr (GRND) report for Austin J. Balance?
How is the Form 4 transaction for Grindr (GRND) coded and what does it mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.