[144] Grindr Inc. SEC Filing
Rhea-AI Filing Summary
Grindr Inc. (GRND) Form 144 reports that an officer/director plans to sell 43,565 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $683,534.85 and an approximate sale date of 08/11/2025 on the NYSE. The filing shows these shares were acquired as Restricted Stock Units on 12/01/2023 and notes total shares outstanding of 191,977,654.
TheForm 144 also discloses prior 10b5-1 sales by Vandana Mehta-Krantz: 20,982 shares on 06/23/2025 for $465,363.97 and 56,611 shares on 06/16/2025 for $1,328,207.28. The filer signs the usual representation that they are not aware of undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sale size is small relative to outstanding shares; prior 10b5-1 activity shows planned disposals.
The notice indicates a proposed sale of 43,565 shares valued at $683,534.85 against 191,977,654 shares outstanding, representing a de minimis fraction of total equity. The securities were issued as Restricted Stock Units on 12/01/2023, and prior 10b5-1 executions in June 2025 totaled 77,593 shares with gross proceeds of $1,793,571.25. From a market-impact perspective, these transactions are unlikely to be material to GRND capitalization or liquidity but are relevant for monitoring insider disposition activity.
TL;DR: Disclosure follows Rule 144 and notes use of broker and 10b5-1 sales; standard insider representation included.
The filing lists Morgan Stanley Smith Barney LLC as broker and documents that the shares to be sold were acquired as RSUs, consistent with typical executive compensation realizations. The inclusion of prior 10b5-1 sales and the signature representation about absence of undisclosed material adverse information aligns with customary compliance practices. No governance red flags or unusual procedural notes are stated in the form itself.