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[Form 4] Grindr Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Grindr CFO Vandana Mehta-Krantz has reported a significant insider transaction, selling 20,982 shares of Common Stock on June 23, 2025 at a weighted average price of $22.18 per share, with individual transactions ranging from $21.84 to $22.81.

The sale was executed through a pre-planned Rule 10b5-1 trading plan established on March 17, 2025, which provides a structured, compliant framework for insider transactions. Following the transaction, Mehta-Krantz maintains direct beneficial ownership of 731,612 shares of Grindr common stock.

This transaction represents a systematic sale under the safe harbor provisions of Rule 10b5-1, demonstrating planned portfolio management rather than a reactive market decision. The sale's execution through a pre-established trading plan helps mitigate concerns about insider trading while providing transparency to investors.

Positive

  • None.

Negative

  • None.

Insights

CFO Vandana Mehta-Krantz sold ~2.8% of her holdings (20,982 shares) at $22.18 via a pre-planned 10b5-1 trading plan.

This Form 4 filing discloses a routine stock sale by Grindr's CFO Vandana Mehta-Krantz, who sold 20,982 shares at a weighted average price of $22.18, maintaining direct ownership of 731,612 shares afterward. The transaction represents approximately 2.8% of her pre-sale holdings, a relatively modest proportion that doesn't suggest significant loss of confidence in the company. Most importantly, the sale was executed under a Rule 10b5-1 trading plan established on March 17, 2025, more than three months before the transaction. This type of pre-planned selling arrangement allows insiders to sell shares according to predetermined schedules while avoiding accusations of trading on material non-public information. The modest size of the sale relative to her overall position and its execution through a pre-established plan suggests this represents normal portfolio management rather than a reaction to company-specific developments. Investors typically view such planned, relatively small percentage sales as non-alarming compared to large, unexpected dispositions of shares.

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).
X
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*
Mehta-Krantz Vandana

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 06/23/2025 S(1) 20,982 D $22.18(2) 731,612 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. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 17, 2025.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.84 to $22.81, 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.
/s/ Bella Zaslavsky, Attorney-in-Fact 06/25/2025
** 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

How many shares of GRND stock did CFO Vandana Mehta-Krantz sell on June 23, 2025?

CFO Vandana Mehta-Krantz sold 20,982 shares of GRND common stock on June 23, 2025, at a weighted average price of $22.18 per share.

What is the current GRND stock holding of CFO Mehta-Krantz after the June 2025 transaction?

Following the reported transaction, CFO Mehta-Krantz directly owns 731,612 shares of GRND common stock.

Was GRND CFO's stock sale part of a pre-planned trading arrangement?

Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted on March 17, 2025, which is a pre-planned trading arrangement designed to comply with insider trading regulations.

What was the price range for GRND shares sold by the CFO in the June 2025 transaction?

The GRND shares were sold in multiple transactions at prices ranging from $21.84 to $22.81 per share, with a weighted average price of $22.18.

What position does Vandana Mehta-Krantz hold at GRND?

Vandana Mehta-Krantz serves as the Chief Financial Officer (CFO) of Grindr Inc. (GRND).
Grindr Inc

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2.25B
27.59M
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22.47%
4.76%
Software - Application
Services-computer Programming, Data Processing, Etc.
Link
United States
WEST HOLLYWOOD