Baer Daniel Brooks 4
4 · Grindr Inc. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Grindr (GRND) Director Daniel Baer Receives RSU Award
What Happened
- Daniel Brooks Baer, a director of Grindr, was granted two awards of restricted stock units (RSUs) on June 2, 2026 totaling 18,798 RSUs (13,593 + 5,205). Each RSU represents the contingent right to receive one share of Grindr common stock upon settlement. The awards were reported at an acquisition price of $0.00 (no cash paid at grant).
Key Details
- Transaction date: 2026-06-02 (reported on Form 4 filed 2026-06-04).
- Transaction type/code: A = Award/Grant of RSUs.
- Shares awarded: 13,593 RSUs and 5,205 RSUs (total 18,798 RSUs).
- Reported price: $0.00 (grant/award; value not realized until settlement).
- Shares owned after transaction: Not disclosed in this filing.
- Vesting/footnotes:
- F1 award: 1/4th of RSUs vest and settle into common stock every three months on the grant date; the full award will vest earlier of immediately prior to the 2027 annual meeting or immediately prior to a Change in Control, subject to continuous service.
- F2 award: 1/4th of RSUs vest and settle every three months; the award also vests in full immediately prior to a Change in Control, subject to continuous service (no automatic full vesting tied to the 2027 meeting for this tranche).
- Timeliness: Filed two days after the transaction date (appears timely under Form 4 rules).
Context
- RSUs are compensation grants contingent on future vesting and service; they are not open-market purchases or sales and do not reflect an immediate cash investment or liquidation by the insider.
- Vesting acceleration on a Change in Control is common and means the RSUs could convert to shares sooner if the company is acquired.
- For retail investors, awards signal company compensation decisions but do not necessarily indicate the insider’s short-term trading intent.
Insider Transaction Report
Form 4
Grindr Inc.GRND
Baer Daniel Brooks
Director
Transactions
- Award
Common Stock
[F1]2026-06-02+13,593→ 46,207 total - Award
Common Stock
[F2]2026-06-02+5,205→ 51,412 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.
Signature
/s/ Bella Zaslavsky, Attorney-in-Fact|2026-06-04