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The latest update is out from Grindr ( (GRND) ).
Grindr Inc.’s Board of Directors has approved long-term equity incentives for Chief Product Officer Austin “AJ” Balance, aiming to retain him and boost stockholder value. The package includes 200,000 time-based RSUs, vesting by 2028, and 200,000 performance-based RSUs if the company surpasses a $5 billion market cap. These incentives align with potential company growth and strategic goals, appealing to those interested in stock performance and executive compensation strategies.
Learn more about GRND stock on TipRanks’ Stock Analysis page.