Grindr (GRND) Director Sells 1,000 Shares at $16.19 — Form 4

Nathan Richardson, a director of Grindr Inc. (GRND), reported a sale of 1,000 shares of the company's common stock on 09/15/2025 at a price of $16.19 per share.

Rhea-AI Filing Summary

Nathan Richardson, a director of Grindr Inc. (GRND), reported a sale of 1,000 shares of the company's common stock on 09/15/2025 at a price of $16.19 per share. After the sale he beneficially owned 20,318 shares. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted May 15, 2024. The Form 4 was signed by attorney-in-fact Bella Zaslavsky on 09/17/2025.

Positive

• Transaction executed under a Rule 10b5-1 plan, which provides a pre-established framework and reduces concerns about opportunistic timing
• Complete disclosure of remaining beneficial ownership of 20,318 shares enhances transparency for investors

Negative

• Insider sold shares, which could be interpreted negatively by some market participants despite the 10b5-1 plan disclosure

Insights

Corporate Governance Expert

TL;DR: Routine director sale executed under a pre-established 10b5-1 plan; procedural disclosure, not necessarily a signal about company fundamentals.

The reported transaction is a straightforward disposition of 1,000 shares at $16.19 under a Rule 10b5-1 plan adopted May 15, 2024. Such plans allow insiders to sell according to preset rules and timing, which reduces the likelihood that the sale reflects new private information. Reporting of remaining beneficial ownership of 20,318 shares provides transparency on the director's continuing stake.

Securities Analyst

TL;DR: Small-scale insider sale relative to typical institutional volumes; materiality appears limited based on disclosed numbers.

The sale of 1,000 shares at $16.19 is a discrete non-derivative transaction and, absent additional filings or larger disposals, is unlikely to materially affect market supply or valuation. The explicit disclosure that the transaction was effected pursuant to a 10b5-1 plan clarifies intent and timing. Beneficial ownership after the sale is 20,318 shares, which is the key figure for assessing the director's remaining economic exposure.

Insider Trade Summary

Net Seller: 1,000 shares

Net Sell 1 txn

Insider Richardson Nathan

Role Director

Sold 1,000 shs ($16K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,000	$16.19	$16K

Holdings After Transaction: Common Stock — 20,318 shares (Direct)

Footnotes (1)

1. F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted May 15, 2024.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Grindr director Nathan Richardson sell in the Form 4 (GRND)?

He sold 1,000 shares of Grindr common stock on 09/15/2025 at $16.19 per share.

How many Grindr (GRND) shares does the reporting person own after the sale?

The filing reports 20,318 shares beneficially owned following the reported transaction.

Was the sale by the director part of a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted May 15, 2024.

Who signed the Form 4 for Nathan Richardson?

The Form 4 was signed by Bella Zaslavsky, Attorney-in-Fact on 09/17/2025.

Does this Form 4 report any derivative transactions?

No. The filing shows only a non-derivative sale of common stock and contains no derivative transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/17/2025 - 05:58 PM EDT Learn about SEC filing dates

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^*

Richardson Nathan

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		S(1)		1,000	D	$16.19	20,318	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 May 15, 2024.

	/s/ Bella Zaslavsky, Attorney-in-Fact	09/17/2025
	** 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.
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