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.
Positive
- None.
Negative
- None.
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
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 50,000 | $13.51 | $676K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.46 to $13.555, 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 purchased at each separate price within the range. Shares held by Big Timber Holdings, LLC, a Nevis limited liability company ("Big Timber"). The Reporting Person is the Manager and sole member of Big Timber and exercises ultimate voting and investment power over the shares of the Issuer's common stock held by Big Timber. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose. Shares held by Tiga Eighty-Eight Pte. Ltd., which is 100% indirectly owned by the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
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.
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.