GRND insider trades: 13,153 option exercise and stock sales at ~$15
Rhea-AI Filing Summary
Grindr Inc. (GRND) reported insider activity by its Chief Product Officer. On 11/11/2025, the officer exercised 13,153 stock options at $4.20 and sold 13,153 shares at a $15.04 weighted average and 21,007 shares at a $15.11 weighted average. The transactions were made under a Rule 10b5-1 plan adopted on August 11, 2025.
Following these trades, the officer directly held 521,082 shares and 39,457 options. The option grant was originally awarded on December 7, 2021, with quarterly vesting and an expiration on December 7, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 13,153 | $0.00 | -- |
| Exercise | Common Stock | 13,153 | $4.20 | $55K |
| Sale | Common Stock | 13,153 | $15.04 | $198K |
| Sale | Common Stock | 21,007 | $15.11 | $317K |
Footnotes (1)
- The option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on August 11, 2025. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on August 11, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.96 to $15.11, 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 $14.92 to $15.32, 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 stock option award was granted to the Reporting Person on December 7, 2021, and initially represented a right to purchase a total of 420,881 shares upon vesting. 1/12 of the shares subject to the stock option vested on December 3, 2022, and 1/12 of the shares vested or will vest quarterly thereafter.
FAQ
What did GRND's Chief Product Officer report on Form 4?
Was the GRND insider trading under a 10b5-1 plan?
What options remain after the GRND transactions?
What are the details of the exercised GRND option grant?
How were the GRND sales priced within the trading ranges?