Affiliate of Grindr (NYSE: GRND) 10% holder reports multi-day stock sales
Rhea-AI Filing Summary
Grindr Inc. 10% owner James Fu Bin Lu reported indirect sales of common stock through Longview Grindr Holdings Limited. On 01/30/2026, the affiliate sold 200,000 shares at a weighted average price of $11.27. On 02/02/2026, it sold 178,427 shares at a weighted average of $11.14, and on 02/03/2026 it sold 234,339 shares at a weighted average of $10.73. After these transactions, the filing shows 19,882,101 Grindr shares indirectly held "By Longview Grindr Holdings Limited" and 4,455 shares held directly. The prices are disclosed as weighted averages for multiple trades within stated intraday ranges. Lu reports ultimate voting and investment power over Longview’s equity interests but disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Large indirect sales by a 10% holder affiliate, core stake still substantial.
The filing shows a major Grindr shareholder, associated with James Fu Bin Lu, selling several blocks of common stock through Longview Grindr Holdings Limited. Sales occurred over three days at weighted average prices between $10.73 and $11.27, indicating active trading near that range.
Following the reported sales, indirect holdings via Longview remain significant at 19,882,101 shares, with an additional 4,455 shares held directly. The ownership structure runs through Longview Capital Group Limited, and Lu both exercises ultimate voting and investment power and formally disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 234,339 | $10.73 | $2.51M |
| Sale | Common Stock | 178,427 | $11.14 | $1.99M |
| Sale | Common Stock | 200,000 | $11.27 | $2.25M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.11 to $11.51, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. Longview Capital Group Limited ("LCGL") is the sole equityholder of Longview Grindr Holdings Limited ("LGHL"). The Reporting Person is the sole equityholder of LCGL and exercises ultimate voting and investment power of the equity interests held by LCGL and LGHL. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.00 to $11.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.50 to $11.03, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
