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8-K2026-06-25· deepseek-v4-flash

GRND · Grindr Inc.

0001140361-26-026379

SEC filing

Summary

Grindr Inc. approved compensation changes for CFO John North, including a salary increase to $275,000 and performance-based RSU grants tied to market cap, stock price, or EBITDA targets.

Key takeaways

Full analysis

Grindr Inc. filed an 8-K on June 25, 2026, disclosing compensation modifications for Chief Financial Officer John North, approved by the Compensation Committee on June 19, 2026. The changes aim to retain and incentivize Mr. North following his performance since joining on October 1, 2025. The base salary increase to $275,000 aligns with market levels, and the 100% bonus target provides short-term incentive. The performance-vesting RSU arrangement is designed to reward long-term value creation, with three tiers tied to aggressive growth metrics: market capitalization exceeding $5 billion, $7.5 billion, or $10 billion; stock price targets of $26, $39, or $52; or TTM EBITDA of $275 million, $412 million, or $550 million. These thresholds reflect the board's confidence in Grindr's growth trajectory and provide significant upside potential for Mr. North if targets are met. The change-in-control provisions ensure retention during M&A scenarios. This filing is solely about executive compensation; no financial results or other material events were reported.