Arison George 4

What Happened

• George Arison, CEO of Grindr Inc. (GRND), was issued 240,069 shares on March 12, 2026 as the settlement of performance-based restricted stock units (PSUs). The shares were acquired at $0.00 per share (award/vesting), reflecting issuance on achievement of performance targets certified by the compensation committee.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 23, 2026.
• Amount: 240,069 shares issued/vested; acquisition price reported as $0.00.
• Footnotes: (F1) PSUs were granted under the 2022 Equity Incentive Plan and vested upon certification that performance exceeded preset targets; (F2) the shares are held of record by The George Arison 2024 GRAT (a grantor retained annuity trust).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Timeliness: Filing occurred 11 days after the transaction date; Form 4s are normally due within two business days, so this filing appears later than typical.

Context

• This was an award/settlement of performance-based equity, not an open-market purchase or sale. Such grants reflect compensation tied to company performance and do not by themselves indicate the insider is buying or selling stock for personal investment. The shares are held in a trust of record (GRAT) rather than directly in the CEO’s name.