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[Form 4] Grindr Inc. Insider Trading Activity

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

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

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.

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.

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.
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

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.
Grindr Inc

NYSE:GRND

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2.25B
27.59M
82.93%
22.47%
4.76%
Software - Application
Services-computer Programming, Data Processing, Etc.
Link
United States
WEST HOLLYWOOD