Grindr (GRND) Director Michael Gearon Receives RSU Award

What Happened
Michael J. Gearon Jr., a director of Grindr, was granted two restricted stock unit (RSU) awards on June 2, 2026: 13,593 RSUs and 2,602 RSUs (total 16,195 RSUs). Each RSU represents the contingent right to receive one share of Grindr common stock upon settlement. The grants were reported at $0.00 per share (award/grant).

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 4, 2026 (report appears timely).
• Grant details:
  • 13,593 RSUs (footnote F1): 1/4 vest and settle every three months on the grant-date day; all vest earlier of immediately prior to the 2027 annual meeting or immediately prior to a Change in Control (subject to continued service).
  • 2,602 RSUs (footnote F2): 1/4 vest and settle every three months on the grant-date day; all vest immediately prior to a Change in Control (subject to continued service).
• Price: $0.00 per RSU (award/compensation grant, transaction code A).
• Shares owned after transaction: not specified in the filing.
• Holdings/beneficial ownership notes: certain shares are held in a revocable trust and the 1997 Gearon Family Trust; the reporting person disclaims beneficial ownership except to the extent of pecuniary interest (footnotes F3, F4).
• No indication of a 10b5-1 plan, sale, exercise, or tax-withholding sale in this filing.

Context
RSUs are compensation awards that convert to actual shares upon vesting/settlement and do not require an upfront cash purchase. Grants like these are typically retention/compensation actions and do not by themselves indicate buying or selling sentiment.