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Grindr director Zage proposes $25.4M share sale

The notice says the proposed-sale securities were acquired from November 18, 2022, through February 19, 2025, alongside three prior 10b5-1 sales.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Grindr Inc. (GRND) director and 10% stockholder George Raymond Zage III gave notice of a proposed sale of 1,792,270 common shares, with an aggregate market value of $25,396,465.90 and an approximate sale date of October 2, 2026. Morgan Stanley Smith Barney LLC is named as broker.

The notice also lists three sales under 10b5-1 during the past three months: 207,730, 166,400 and 333,600 shares. It says the securities to be sold were acquired from November 18, 2022, through February 19, 2025.

Proposed sale 1,792,270 common shares Approximate sale date October 2, 2026
Aggregate market value $25,396,465.90 Proposed sale
10b5-1 shares sold 207,730 shares October 1, 2026
Reported sale value $2,942,391.59 207,730 shares on October 1, 2026
10b5-1 shares sold 166,400 shares September 17, 2026
Reported sale value $2,563,857.92 166,400 shares on September 17, 2026
10b5-1 shares sold 333,600 shares September 16, 2026
Reported sale value $5,208,763.68 333,600 shares on September 16, 2026
Rule 144 regulatory
"sales required by paragraph (e) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
10b5-1 Sales regulatory
"10b5-1 Sales for GEORGE RAYMOND ZAGE III"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Private Acquisition from Issuer or an Affiliate regulatory
"Private Acquisition from Issuer or an Affiliate"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many GRND shares did George Raymond Zage III propose to sell?

The notice covers 1,792,270 common shares, with an aggregate market value of $25,396,465.90 and an approximate sale date of October 2, 2026.

What recent GRND sales did George Raymond Zage III report under 10b5-1?

The notice lists 207,730 shares for $2,942,391.59 on October 1, 2026; 166,400 shares for $2,563,857.92 on September 17, 2026; and 333,600 shares for $5,208,763.68 on September 16, 2026. Each is labeled a 10b5-1 sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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