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[Form 4/A] Grindr Inc. Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Lu James Fu Bin, a director and >10% owner of Grindr Inc. (GRND), amended a Form 4 to correct the transaction date to 07/30/2025. The amendment reports the acquisition of 7,240 restricted stock units (RSUs) that each convert into one share of common stock upon settlement at $0 cost. After this reported grant the reporting person beneficially owns 9,885 shares. The RSUs vest 25% on October 30, 2025 and the remaining 75% vest in equal quarterly installments thereafter on the same day of the month as the grant date, subject to continuous service under the Issuer's 2022 Equity Incentive Plan. The Form 4 was originally filed on 08/01/2025 with an incorrect transaction date and amended to correct that date; the amendment is signed by an attorney-in-fact on 08/22/2025.

Positive

  • Clear correction of reporting error demonstrating attention to Section 16 compliance
  • Time-based RSUs indicate alignment of the director with long-term shareholder interests via deferred settlement

Negative

  • None disclosed in this filing: no sales, no acceleration, and no material adverse information reported

Insights

TL;DR: Amendment corrects transaction date for a standard RSU grant; economic impact is limited and routine for executive compensation.

The filing shows a grant of 7,240 RSUs to an insider who already holds 9,885 shares beneficially after the grant. The award is structured as time-based RSUs with a typical 25% initial vesting followed by quarterly vesting, and settlement is at no cash cost to the reporting person. This is a compensation event rather than an open-market purchase or sale, so it does not indicate immediate liquidity or trading intent. The amendment corrects an administrative error in the originally reported transaction date, which is important for compliance and timeline clarity but not material to the company’s operations or financials.

TL;DR: The corrected Form 4 reflects routine equity compensation and an administrative filing error; governance implications are minor.

The report identifies the recipient as both a director and a >10% owner, which heightens disclosure importance. The RSU terms reference the 2022 Equity Incentive Plan and continuous service vesting conditions, consistent with standard executive awards. The amendment to fix the transaction date addresses disclosure accuracy; timely, correct filings are critical for Section 16 transparency and avoiding potential reporting violations. No indication of accelerated vesting, change-in-control provisions, or sales accompanies this filing.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lu James Fu Bin

(Last) (First) (Middle)
C/O GRINDR INC.
750 N.SAN VICENTE BLVD. STE RE1400

(Street)
WEST HOLLYWOOD CA 90069

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Grindr Inc. [ GRND ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
08/01/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/30/2025(1) A 7,240(2) A $0 9,885 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On August 1, 2025, the Reporting Person filed a Form 4 that inadvertently and incorrectly stated the transaction date. This amendment reports the correct transaction date, which is July 30, 2025.
2. Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 25% of the RSUs vest and settle into Common Stock on October 30, 2025, and 25% of the RSUs vest and settle into Common Stock in equal quarterly installments thereafter on the same day of the month as the grant date (or if there is no corresponding day in the applicable month, on the last day of such month), subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.
/s/ Bella Zaslavsky, Attorney-in-Fact 08/22/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Lu James Fu Bin report in the amended Form 4 for GRND?

The amendment corrects the transaction date to 07/30/2025 and reports the acquisition of 7,240 RSUs that convert to common stock at $0 cost.

How many shares does the reporting person beneficially own after the transaction?

Following the reported transaction the filing shows beneficial ownership of 9,885 shares.

What is the RSU vesting schedule disclosed in the filing?

25% of the RSUs vest and settle on October 30, 2025, with the remaining 75% vesting in equal quarterly installments thereafter, subject to continuous service under the 2022 Equity Incentive Plan.

Why was this Form 4 amended?

The filer states the original Form 4 filed on 08/01/2025 incorrectly stated the transaction date; this amendment corrects the date to 07/30/2025.

Was there any cash paid for the RSUs reported?

No. The filing reports a price of $0 for the RSUs, which are time-vested awards converting to shares upon settlement.
Grindr Inc

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Software - Application
Services-computer Programming, Data Processing, Etc.
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United States
WEST HOLLYWOOD