Zage George Raymond III 4

What Happened
Zage George Raymond III, reported as a 10% owner of Grindr, Inc. (GRND), was granted two awards of restricted stock units (RSUs) on June 2, 2026 totaling 14,460 RSUs (13,593 RSUs and 867 RSUs). Each RSU represents the contingent right to one share of common stock upon settlement. The grants were issued at $0.00 per share (no cash paid at grant).

Key Details

• Transaction date: June 2, 2026; Form 4 filed June 4, 2026 (appears timely, two days after the transaction).
• Grants: 13,593 RSUs (F1) and 867 RSUs (F2); combined = 14,460 RSUs. Grant price reported as $0.00; total reported cash value at grant = $0.
• Vesting: Per footnotes, each RSU vests/settles into one share. Generally 1/4 of the RSUs vest and settle every three months on the grant-date day; one grant (F1) also provides full vesting on the earlier of immediately prior to the 2027 annual meeting or a Change in Control, and the other (F2) vests in full immediately prior to a Change in Control. Vesting is subject to the reporting person’s continued service.
• Holdings: The filing references shares held by entities controlled by the reporting person (Big Timber Holdings, LLC and Tiga Eighty-Eight Pte. Ltd.) and disclaims beneficial ownership except to the extent of pecuniary interest (F3, F4). The filing excerpt provided does not state the total shares owned after these grants.
• Transaction code: A = Award/Grant.

Context

• RSU grants are not an open-market purchase or sale and do not by themselves indicate buying or selling sentiment; they are compensation/retention awards that convert to shares as they vest.
• As a 10% owner, Zage holds significant indirect positions through affiliated entities; these grants increase his potential future stake as units vest and settle into common stock.