[Form 4] Grindr Inc. Insider Trading Activity

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.

Insights

SEC Compliance Analyst

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.

Portfolio Manager

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.

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
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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^*

Zage George Raymond III

(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	X	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		6,669(1)	A	$0	6,733,283	D
Common Stock								85,926,333	I	By Tiga Eighty-Eight Pte Ltd.(2)
Common Stock								1,060,507	I	By LLC(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. 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.

3. 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.

	/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.
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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.