Balance Austin J 4

What Happened

• Austin J. Balance, Chief Product Officer of Grindr Inc., had 13,355 shares withheld by the issuer to satisfy tax withholding on vested restricted stock units (RSUs). The withholding was recorded at $12.17 per share for a total value of $162,530. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-06; Report filed: 2026-04-08 (filed within two days of the transaction).
• Price per share: $12.17; Total value of shares withheld: $162,530.
• Shares disposed: 13,355 (withheld by issuer to cover tax liability).
• Shares owned after transaction: not reported in the provided filing excerpt.
• Footnote: The shares withheld were RSUs that vested on March 12, 2026 and were not issued in order to satisfy tax withholding obligations upon settlement (footnote F1).
• Transaction code: F (withholding of shares to cover tax obligation).

Context

• This was a routine cashless tax-withholding event tied to RSU settlement, not an indication that the insider sold shares on the open market. Such withholdings are common and typically do not signal insider sentiment about the company. Purchases or open-market sales are generally more informative about an insider's view.