North John F 4

What Happened
John F. North, Chief Financial Officer of Grindr, was issued 18,003 shares on March 12, 2026. The shares were settled upon vesting of performance-based restricted stock units (PSUs) and show an acquisition price of $0.00 (reported value $0). This was an award/settlement of compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-12 (reported on Form 4 filed 2026-03-23).
• Transaction type/code: Award/Grant (A).
• Shares issued/received: 18,003; acquisition price reported as $0.00.
• Shares owned following the transaction: Not disclosed in the provided filing excerpt.
• Footnote: PSU awards vested based on achievement in excess of pre-specified performance targets; the compensation committee certified the results and the 18,003 PSUs vested and were settled immediately (Footnote F1).
• Filing timeliness: Form 4 was filed 11 days after the transaction date; Form 4s are generally required within 2 business days, so this filing appears late.

Context
PSUs are performance-based equity awards that convert to shares if specified targets are met; issuance at $0.00 reflects compensation settlement rather than a cash purchase. Awards like this are routine for executive compensation and do not by themselves indicate buying or selling sentiment in the open market. No subsequent sale or cashless exercise was reported in the provided transaction.