Grindr Inc.·4

Jun 23, 6:11 PM ET

Arison George 4

Research Summary

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Grindr (GRND) CEO George Arison Receives 2.25M RSU Award

What Happened
George Arison, CEO of Grindr Inc. (GRND), received a grant of 2,250,000 restricted stock units (RSUs) on June 19, 2026 (transaction code A). The RSUs were granted at $0.00 per unit and represent the contingent right to receive one share of common stock upon settlement; they are not immediately issued shares or an open‑market purchase.

Key Details

  • Transaction date: June 19, 2026; Grant type: RSU award (Form 4 code A). Report filed June 23, 2026 (timely within SEC two-business-day window).
  • Amount: 2,250,000 RSUs granted; grant price reported as $0.00 (RSUs convert to shares upon vesting).
  • Vesting: Six equal installments every six months, first vesting on April 19, 2028; final vesting on October 19, 2030; subject to Arison’s continuous service through each vest date.
  • Record ownership: The granted shares are held of record by The George Arison 2024 GRAT and The George Arison 2026 GRAT (grantor retained annuity trusts).
  • Form 4 did not specify the insider’s total beneficial ownership following this grant; no sale, exercise, or tax-withholding event was reported with this grant.

Context
RSUs are a form of equity compensation that convert into shares only if and when they vest; they do not indicate an immediate market buy or sell. Grants held in GRATs often reflect estate or tax planning structures — they show record holders are trusts, not direct brokerage purchases. This filing documents a compensation award rather than a market trade, so it should be interpreted as part of the CEO’s long‑term equity compensation rather than an immediate bullish or bearish trading signal.