Grindr Inc. (GRND) CLO sells 10,172 shares in 10b5-1 plan
Rhea-AI Filing Summary
Grindr Inc.'s CLO and Head of Global Affairs, Zachary Katz, reported selling 10,172 shares of common stock on July 16, 2026, at a weighted average price of $15.95 per share in open-market transactions priced between $15.71 and $16.10. These sales were effected under a Rule 10b5-1 trading plan adopted March 18, 2026, and left him holding 703,151 shares of Grindr common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,172 shares
Net Sell
1 txn
Insider
Katz Zachary
Role
CLO and Head of Global Affairs
Sold
10,172 shs ($162K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 10,172 | $15.95 | $162K |
Holdings After Transaction:
Common Stock — 703,151 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 18, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.71 to $16.10, 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.
Key Figures
Shares sold: 10,172 shares
Weighted average sale price: $15.95 per share
Sale price range: $15.71 to $16.10 per share
+2 more
5 metrics
Shares sold
10,172 shares
Common stock sold by Zachary Katz on 2026-07-16
Weighted average sale price
$15.95 per share
Average price for 10,172 Grindr common shares sold
Sale price range
$15.71 to $16.10 per share
Range of prices for multiple sale transactions on 2026-07-16
Shares owned after transaction
703,151 shares
Direct Grindr common stock holdings reported after the sale
Transaction date
2026-07-16
Date of reported common stock sale by Zachary Katz
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Transaction code description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Grindr Inc. (GRND) report for Zachary Katz?
Grindr Inc. reported that CLO and Head of Global Affairs Zachary Katz sold 10,172 shares of common stock on July 16, 2026. The sale used a Rule 10b5-1 trading plan and was executed at a weighted average price of $15.95 per share.
Was the Grindr (GRND) insider sale made under a Rule 10b5-1 plan?
Yes. The sales were effected under a Rule 10b5-1 trading plan adopted on March 18, 2026. Such plans pre-schedule trades, which can reduce the informational value of the timing of these transactions for outside investors.
What type of transaction does the Grindr (GRND) Form 4 show for Zachary Katz?
The Form 4 shows a sale of common stock coded as an “S” transaction, described as a sale in open market or private transactions. It involved 10,172 shares and left Katz with 703,151 shares directly owned.