STOCK TITAN

[Form 4] Grindr Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

On 07/30/2024, Grindr Inc. (GRND) filed a Form 4 detailing an insider equity award to director and 10% owner George Raymond Zage III. He received 6,669 restricted stock units (RSUs) at no cost. The RSUs vest 25% on 10/30/2025 and the remainder in equal quarterly installments, conditioned on continued service under the 2022 Equity Incentive Plan.

Following the grant, Zage’s direct ownership rises to 6,733,283 common shares. He also maintains indirect control of 85,926,333 shares through Tiga Eighty-Eight Pte Ltd and 1,060,507 shares via Big Timber Holdings LLC. No shares were sold and no derivative positions were reported.

The incremental grant is immaterial relative to Zage’s existing >10% stake and does not alter float or signal operational developments. The filing is principally a routine disclosure of executive compensation and ownership structure.

Il 30/07/2024, Grindr Inc. (GRND) ha presentato un Modulo 4 che descrive un premio azionario interno al direttore e proprietario del 10% George Raymond Zage III. Ha ricevuto 6.669 unità di azioni vincolate (RSU) senza alcun costo. Le RSU maturano il 25% il 30/10/2025 e il resto in rate trimestrali uguali, condizionate al mantenimento del servizio secondo il Piano Incentivi Azionari 2022.

Dopo l’assegnazione, la proprietà diretta di Zage sale a 6.733.283 azioni ordinarie. Mantiene inoltre il controllo indiretto di 85.926.333 azioni tramite Tiga Eighty-Eight Pte Ltd e 1.060.507 azioni tramite Big Timber Holdings LLC. Non sono state vendute azioni né segnalate posizioni derivate.

Il premio incrementale è irrilevante rispetto alla partecipazione già superiore al 10% di Zage e non modifica il flottante né segnala cambiamenti operativi. La comunicazione è principalmente una normale divulgazione della retribuzione esecutiva e della struttura proprietaria.

El 30/07/2024, Grindr Inc. (GRND) presentó un Formulario 4 detallando una concesión de acciones internas al director y propietario del 10% George Raymond Zage III. Recibió 6,669 unidades restringidas de acciones (RSU) sin costo alguno. Las RSU se consolidan en un 25% el 30/10/2025 y el resto en cuotas trimestrales iguales, condicionadas a la continuidad del servicio según el Plan de Incentivos de Capital 2022.

Tras la concesión, la propiedad directa de Zage aumenta a 6,733,283 acciones comunes. También mantiene el control indirecto de 85,926,333 acciones a través de Tiga Eighty-Eight Pte Ltd y 1,060,507 acciones mediante Big Timber Holdings LLC. No se vendieron acciones ni se reportaron posiciones derivadas.

La concesión incremental es insignificante en relación con la participación ya superior al 10% de Zage y no altera el flotante ni indica desarrollos operativos. La presentación es principalmente una divulgación rutinaria de la compensación ejecutiva y la estructura de propiedad.

2024년 7월 30일, Grindr Inc.(GRND)는 내부자 주식 수여 내역을 담은 Form 4를 제출했습니다. 이 수여는 이사이자 10% 지분 보유자인 조지 레이먼드 자지 3세에게 해당하며, 그는 6,669개의 제한 주식 단위(RSU)를 무상으로 받았습니다. RSU는 2025년 10월 30일에 25%가 베스팅되고, 나머지는 2022년 주식 인센티브 계획에 따른 지속 근무 조건 하에 분기별로 균등하게 베스팅됩니다.

수여 후 자지의 직접 소유 주식은 6,733,283 보통주로 증가했습니다. 또한 Tiga Eighty-Eight Pte Ltd를 통해 85,926,333주와 Big Timber Holdings LLC를 통해 1,060,507주간접으로 통제하고 있습니다. 주식 매도나 파생 상품 포지션 보고는 없었습니다.

이번 추가 수여는 자지의 기존 10% 이상 지분에 비해 미미하며, 유통 주식 수나 운영상의 변화를 나타내지 않습니다. 제출 서류는 주로 경영진 보상 및 소유 구조에 관한 정기적인 공시입니다.

Le 30/07/2024, Grindr Inc. (GRND) a déposé un formulaire 4 détaillant une attribution d’actions à un initié, le directeur et détenteur de 10% George Raymond Zage III. Il a reçu 6 669 unités d’actions restreintes (RSU) sans contrepartie financière. Les RSU seront acquises à 25% le 30/10/2025, le reste par versements trimestriels égaux, sous réserve de la poursuite du service selon le Plan d’Incitation en Actions 2022.

Suite à cette attribution, la propriété directe de Zage atteint 6 733 283 actions ordinaires. Il conserve également un contrôle indirect de 85 926 333 actions via Tiga Eighty-Eight Pte Ltd et 1 060 507 actions via Big Timber Holdings LLC. Aucune action n’a été vendue ni aucune position dérivée déclarée.

Cette attribution supplémentaire est négligeable par rapport à la participation déjà supérieure à 10% de Zage et ne modifie pas le flottant ni ne signale de développements opérationnels. Le dépôt constitue principalement une divulgation routinière de la rémunération des dirigeants et de la structure de propriété.

Am 30.07.2024 reichte Grindr Inc. (GRND) ein Formular 4 ein, das eine Insider-Aktienzuteilung an den Direktor und 10%-Eigentümer George Raymond Zage III beschreibt. Er erhielt 6.669 Restricted Stock Units (RSUs) kostenfrei. Die RSUs werden zu 25 % am 30.10.2025 fällig, der Rest in gleichen vierteljährlichen Raten, abhängig von fortgesetzter Dienstzeit gemäß dem Equity Incentive Plan 2022.

Nach der Zuteilung steigt Zages direkter Besitz auf 6.733.283 Stammaktien. Zudem hält er indirekte Kontrolle über 85.926.333 Aktien über Tiga Eighty-Eight Pte Ltd und 1.060.507 Aktien über Big Timber Holdings LLC. Es wurden keine Aktien verkauft und keine Derivatpositionen gemeldet.

Die zusätzliche Zuteilung ist im Verhältnis zu Zages bestehendem >10%-Anteil unerheblich und ändert weder den Streubesitz noch signalisiert sie operative Entwicklungen. Die Meldung ist hauptsächlich eine routinemäßige Offenlegung der Vergütung der Führungskräfte und der Eigentümerstruktur.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU award to large shareholder; no market-moving details.

This Form 4 records a small equity incentive—6,669 RSUs—granted to George Zage. It modestly increases his direct holding but leaves his aggregate beneficial ownership effectively unchanged at roughly 93.7 million shares. The zero-cost grant aligns compensation with shareholder value but is far too small to influence governance or control dynamics. Because no dispositions occurred and vesting is long-dated, I view the filing as procedural, not price-sensitive.

TL;DR: De minimis addition; neutral for GRND valuation.

The grant equals <0.01% of GRND’s float and does not change insider ownership concentration. Absence of sales is mildly reassuring, yet the scale is immaterial for earnings, dilution, or float tightening. I do not expect trading impact or need to adjust position sizing based on this disclosure.

Il 30/07/2024, Grindr Inc. (GRND) ha presentato un Modulo 4 che descrive un premio azionario interno al direttore e proprietario del 10% George Raymond Zage III. Ha ricevuto 6.669 unità di azioni vincolate (RSU) senza alcun costo. Le RSU maturano il 25% il 30/10/2025 e il resto in rate trimestrali uguali, condizionate al mantenimento del servizio secondo il Piano Incentivi Azionari 2022.

Dopo l’assegnazione, la proprietà diretta di Zage sale a 6.733.283 azioni ordinarie. Mantiene inoltre il controllo indiretto di 85.926.333 azioni tramite Tiga Eighty-Eight Pte Ltd e 1.060.507 azioni tramite Big Timber Holdings LLC. Non sono state vendute azioni né segnalate posizioni derivate.

Il premio incrementale è irrilevante rispetto alla partecipazione già superiore al 10% di Zage e non modifica il flottante né segnala cambiamenti operativi. La comunicazione è principalmente una normale divulgazione della retribuzione esecutiva e della struttura proprietaria.

El 30/07/2024, Grindr Inc. (GRND) presentó un Formulario 4 detallando una concesión de acciones internas al director y propietario del 10% George Raymond Zage III. Recibió 6,669 unidades restringidas de acciones (RSU) sin costo alguno. Las RSU se consolidan en un 25% el 30/10/2025 y el resto en cuotas trimestrales iguales, condicionadas a la continuidad del servicio según el Plan de Incentivos de Capital 2022.

Tras la concesión, la propiedad directa de Zage aumenta a 6,733,283 acciones comunes. También mantiene el control indirecto de 85,926,333 acciones a través de Tiga Eighty-Eight Pte Ltd y 1,060,507 acciones mediante Big Timber Holdings LLC. No se vendieron acciones ni se reportaron posiciones derivadas.

La concesión incremental es insignificante en relación con la participación ya superior al 10% de Zage y no altera el flotante ni indica desarrollos operativos. La presentación es principalmente una divulgación rutinaria de la compensación ejecutiva y la estructura de propiedad.

2024년 7월 30일, Grindr Inc.(GRND)는 내부자 주식 수여 내역을 담은 Form 4를 제출했습니다. 이 수여는 이사이자 10% 지분 보유자인 조지 레이먼드 자지 3세에게 해당하며, 그는 6,669개의 제한 주식 단위(RSU)를 무상으로 받았습니다. RSU는 2025년 10월 30일에 25%가 베스팅되고, 나머지는 2022년 주식 인센티브 계획에 따른 지속 근무 조건 하에 분기별로 균등하게 베스팅됩니다.

수여 후 자지의 직접 소유 주식은 6,733,283 보통주로 증가했습니다. 또한 Tiga Eighty-Eight Pte Ltd를 통해 85,926,333주와 Big Timber Holdings LLC를 통해 1,060,507주간접으로 통제하고 있습니다. 주식 매도나 파생 상품 포지션 보고는 없었습니다.

이번 추가 수여는 자지의 기존 10% 이상 지분에 비해 미미하며, 유통 주식 수나 운영상의 변화를 나타내지 않습니다. 제출 서류는 주로 경영진 보상 및 소유 구조에 관한 정기적인 공시입니다.

Le 30/07/2024, Grindr Inc. (GRND) a déposé un formulaire 4 détaillant une attribution d’actions à un initié, le directeur et détenteur de 10% George Raymond Zage III. Il a reçu 6 669 unités d’actions restreintes (RSU) sans contrepartie financière. Les RSU seront acquises à 25% le 30/10/2025, le reste par versements trimestriels égaux, sous réserve de la poursuite du service selon le Plan d’Incitation en Actions 2022.

Suite à cette attribution, la propriété directe de Zage atteint 6 733 283 actions ordinaires. Il conserve également un contrôle indirect de 85 926 333 actions via Tiga Eighty-Eight Pte Ltd et 1 060 507 actions via Big Timber Holdings LLC. Aucune action n’a été vendue ni aucune position dérivée déclarée.

Cette attribution supplémentaire est négligeable par rapport à la participation déjà supérieure à 10% de Zage et ne modifie pas le flottant ni ne signale de développements opérationnels. Le dépôt constitue principalement une divulgation routinière de la rémunération des dirigeants et de la structure de propriété.

Am 30.07.2024 reichte Grindr Inc. (GRND) ein Formular 4 ein, das eine Insider-Aktienzuteilung an den Direktor und 10%-Eigentümer George Raymond Zage III beschreibt. Er erhielt 6.669 Restricted Stock Units (RSUs) kostenfrei. Die RSUs werden zu 25 % am 30.10.2025 fällig, der Rest in gleichen vierteljährlichen Raten, abhängig von fortgesetzter Dienstzeit gemäß dem Equity Incentive Plan 2022.

Nach der Zuteilung steigt Zages direkter Besitz auf 6.733.283 Stammaktien. Zudem hält er indirekte Kontrolle über 85.926.333 Aktien über Tiga Eighty-Eight Pte Ltd und 1.060.507 Aktien über Big Timber Holdings LLC. Es wurden keine Aktien verkauft und keine Derivatpositionen gemeldet.

Die zusätzliche Zuteilung ist im Verhältnis zu Zages bestehendem >10%-Anteil unerheblich und ändert weder den Streubesitz noch signalisiert sie operative Entwicklungen. Die Meldung ist hauptsächlich eine routinemäßige Offenlegung der Vergütung der Führungskräfte und der Eigentümerstruktur.

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).
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*
GEARON J MICHAEL JR

(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)
07/30/2024
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 07/30/2024 A 7,240(1) A $0 10,515 D
Common Stock 5,480,568 I By Trust(2)
Common Stock 6,090,959 I By Family Trust(3)
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. Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 25% of the RSUs vest and settle into Common Stock on October 30, 2025, and 25% of the RSUs vest and settle into Common Stock in equal quarterly installments thereafter on the same day of the month as the grant date (or if there is no corresponding day in the applicable month, on the last day of such month), subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.
2. The shares are held by a revocable trust and the Reporting Person is the sole trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
3. The shares are held by The 1997 Gearon Family Trust. The Reporting Person's spouse is a co-trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
/s/ Bella Zaslavsky, Attorney-in-Fact 08/01/2025
** 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 Grindr (GRND) shares did George Zage acquire?

He was granted 6,669 RSUs, each convertible into one share of common stock.

What is the vesting schedule for the RSUs granted on 07/30/2024?

25% vests on 10/30/2025; the balance vests in equal quarterly installments thereafter.

What is George Zage’s total beneficial ownership after the transaction?

Direct: 6,733,283 shares; Indirect: 87,0-million+ shares via affiliated entities.

Did the insider sell any Grindr shares in this Form 4?

No. The filing reports only an acquisition of RSUs; there were no sales or dispositions.

Why is this Form 4 important to GRND investors?

It discloses insider equity awards, offering transparency on compensation and ownership, though the size is not material to valuation.
Grindr Inc

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Software - Application
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United States
WEST HOLLYWOOD