Grindr Inc.·4

Jun 4, 7:30 PM ET

Cohen Chad M 4

Research Summary

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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.