Baer Daniel Brooks 4

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.