Cohen Chad M 4
4 · Grindr Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Grindr (GRND) Director Chad M. Cohen Receives RSU Award
What Happened
Chad M. Cohen, a director of Grindr, was granted two restricted stock unit (RSU) awards on June 2, 2026: 13,593 RSUs and 4,049 RSUs (17,642 RSUs total). Each RSU represents the contingent right to receive one share of common stock upon settlement. The awards were granted at $0.00 per share (code A — award/grant), so no cash was paid at grant.
Key Details
- Transaction date: June 2, 2026; Form 4 filed: June 4, 2026 (timely filing).
- Award amounts: 13,593 RSUs (footnote F1) and 4,049 RSUs (footnote F2) — total 17,642 RSUs. Grant price reported as $0.00.
- Vesting: For both grants, 1/4th of the RSUs vest and settle into common stock every three months on the grant-date day (i.e., fully vested after four quarterly installments, subject to continuous service).
- The 13,593-RSU award (F1) additionally will vest in full on the earlier of immediately prior to the issuer’s 2027 annual stockholder meeting or immediately prior to a Change in Control (subject to continuous service).
- The 4,049-RSU award (F2) includes full vesting acceleration only upon a Change in Control (subject to continuous service).
- Shares owned after transaction: not specified in this Form 4.
- Transaction code: A = Award/Grant. No 10b5-1 plan, tax‑withholding sale, or late‑filing indication noted.
Context
RSUs are not shares until settled; they represent a promise to deliver shares in the future if vesting conditions (continuous service and any acceleration events) are met. Grants are awards rather than open‑market purchases or sales, so they reflect compensation/retention actions rather than direct buy/sell market sentiment.
Insider Transaction Report
- Award
Common Stock
[F1]2026-06-02+13,593→ 24,547 total - Award
Common Stock
[F2]2026-06-02+4,049→ 28,596 total
Footnotes (2)
- [F1]Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs") granted on June 2, 2026. Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 1/4th of the RSUs vest and settle into Common Stock every three months on the same day of the month as the grant date, subject to the Reporting Person's Continuous Service (as defined in the Issuer's Amended and Restated 2022 Equity Incentive Plan (the "2022 Plan")) through each such vesting date; provided, that the RSUs will in any event vest in full on the earlier to occur of (1) immediately prior to the Issuer's 2027 annual stockholder meeting, and (2) immediately prior to the effective time of a Change in Control (as defined in the 2022 Plan), subject to the Reporting Person's Continuous Service through the applicable time.
- [F2]Represents the number of shares of the Issuer's Common Stock underlying RSUs granted on June 2, 2026. Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 1/4th of the RSUs vest and settle into Common Stock every three months on the same day of the month as the grant date, subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such vesting date; provided, that the RSUs will vest in full immediately prior to the effective time of a Change in Control (as defined in the 2022 Plan), subject to the Reporting Person's Continuous Service through such time.