[144] Grindr Inc. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Grindr, Inc. (GRND) reports a proposed sale of 3,000 common shares through Morgan Stanley Smith Barney LLC valued at $48,810. The filing lists total outstanding shares of 191,977,654 and an approximate sale date of 08/14/2025 on the NYSE. The securities were acquired as Restricted Stock Units on 06/21/2024 and the acquisition payment date is recorded as 06/21/2024. The filing also discloses two prior 10b5-1 sales attributed to Nathan Richardson: 1,000 shares on 07/14/2025 for $21,260 and 1,000 shares on 06/16/2025 for $23,447. The notice omits the name of the person for whose account the current proposed sale is filed and several filer contact fields are not provided.
Positive
- Transaction details disclosed: Class, broker, number of shares, aggregate market value, acquisition type and dates are provided.
- Prior 10b5-1 sales included: Two recent sales with dates and gross proceeds are reported, improving traceability of recent insider selling activity.
Negative
- Seller identity missing: The filing does not specify the name of the person for whose account the current proposed sale is filed.
- Filer contact information incomplete: Submission contact fields (name, phone, email) are not provided, reducing direct transparency.
Insights
TL;DR: A small proposed sale of 3,000 GRND shares is disclosed; prior 10b5-1 sales from the same account are shown.
The filing documents a routine Form 144 notice for 3,000 common shares to be sold through Morgan Stanley Smith Barney LLC with an aggregate market value of $48,810 and an approximate sale date of 08/14/2025. Acquisition of these shares is recorded as Restricted Stock Units granted on 06/21/2024. Two previous 10b5-1 sales attributed to Nathan Richardson (1,000 shares each) are included with gross proceeds of $23,447 and $21,260. The absence of an explicitly named seller for the proposed sale and missing filer contact details reduces transparency but does not change the concrete transaction data provided.
TL;DR: Disclosure is routine but incomplete; missing identification and contact fields limit reviewability.
The Form 144 supplies necessary transactional details—class, acquisition type, dates, broker, number of shares, and market values—but omits the name of the person for whose account the sale is proposed and leaves filer contact fields blank. That omission is material for governance and disclosure review because it prevents direct linkage of the proposed sale to a named insider within this document, though prior 10b5-1 sales are attributed to Nathan Richardson which provides partial context.