Grindr (GRND) CPO exercises 13,153 options, sells 21,007 shares
Grindr Inc. (GRND) reported insider activity by its Chief Product Officer.
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
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Balance Austin J
Role
Chief Product Officer
Sold
34,160 shs ($515K)
Approx. gross sale proceeds
$515K
Approx. exercise cost
$55K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 13,153 | $0.00 | $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 |
Holdings After Transaction:
Stock Option (right to buy) — 39,457 contracts (Direct);
Common Stock — 521,082 shares (Direct)
Footnotes (5)
- F1. The option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on August 11, 2025.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on August 11, 2025.
- F3. 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.
- F4. 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.
- F5. 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?
An exercise of 13,153 options at $4.20 and sales of 13,153 shares at a $15.04 weighted average and 21,007 shares at a $15.11 weighted average on 11/11/2025.
Was the GRND insider trading under a 10b5-1 plan?
Yes. The transactions were effected under a Rule 10b5-1 trading plan adopted on August 11, 2025.
What options remain after the GRND transactions?
The officer held 39,457 options after the transactions.
What are the details of the exercised GRND option grant?
Granted on December 7, 2021, initially for 420,881 shares, vesting quarterly after an initial 1/12 on December 3, 2022, expiring December 7, 2028.
How were the GRND sales priced within the trading ranges?
Weighted averages: $15.04 for trades between $14.96–$15.11; $15.11 for trades between $14.92–$15.32.
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