Grindr (GRND) insider boosts stake with 50,000-share open market buy
Rhea-AI Filing Summary
Grindr Inc. director and 10% owner reports open‑market share purchase. On 12/05/2025, the reporting person bought 50,000 shares of Grindr common stock in a purchase transaction at a weighted average price of $13.51, with individual trades ranging from $13.46 to $13.555.
After this trade, the individual directly holds 8,113,283 common shares, and also has indirect beneficial interests in additional shares through Big Timber Holdings, LLC and Tiga Eighty-Eight Pte. Ltd. The filer is both a director and a 10% owner of Grindr Inc.
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Insights
Insider, already a director and 10% owner, increased direct holdings via open-market stock purchase, reinforcing economic exposure and alignment.
The filing shows a reporting person of Grindr Inc. (GRND), who is both a director and 10% owner, buying 50,000 shares of common stock on
Indirectly, the person has beneficial ownership of 1,385,507 shares through Big Timber Holdings, LLC and 85,926,333 shares through Tiga Eighty-Eight Pte. Ltd., while formally disclaiming beneficial ownership beyond their economic interest. This structure matters because it concentrates voting and investment power while using different legal entities, which can influence control dynamics and future corporate decisions. The lack of any derivative securities in Table II indicates this event is a straightforward cash equity purchase rather than an options-related transaction.
The key takeaway is an increase in direct equity exposure by an existing large holder, which generally indicates stronger economic alignment with other holders but does not change operations or capital structure. The detailed price range disclosure and willingness to provide trade breakdowns are standard for compliance and help validate transparency around the
FAQ
What insider transaction did Grindr Inc. (GRND) report in this Form 4?
The filing reports that a Grindr Inc. director and 10% owner purchased 50,000 shares of common stock on 12/05/2025 in an open‑market transaction.
At what price were the Grindr (GRND) shares purchased in the reported transaction?
The 50,000 shares were bought at a weighted average price of $13.51 per share, with individual trades executed between $13.46 and $13.555, inclusive.
How many Grindr (GRND) shares does the insider directly own after this transaction?
Following the reported purchase, the insider directly holds 8,113,283 shares of Grindr Inc. common stock.
What indirect holdings in Grindr Inc. (GRND) stock does the reporting person disclose?
The insider reports indirect beneficial ownership of 1,385,507 shares through Big Timber Holdings, LLC and 85,926,333 shares through Tiga Eighty-Eight Pte. Ltd.
What roles does the reporting person hold at Grindr Inc. (GRND)?
The reporting person is identified as both a director of Grindr Inc. and a 10% owner of the company’s common stock.
Does the insider disclaim any beneficial ownership of certain Grindr (GRND) shares?
Yes. For the shares held via Big Timber Holdings, LLC and Tiga Eighty-Eight Pte. Ltd., the insider disclaims beneficial ownership except to the extent of their pecuniary interest.