GRND Form 4: Director/10% owner reports multiple stock sales
Rhea-AI Filing Summary
Grindr Inc. (GRND) reported insider activity: a director and 10% owner filed a Form 4 showing open‑market sales of common stock. On 10/10/2025, 300,000 shares were sold at a weighted average price of $11.94. On 10/13/2025, 96,191 shares were sold at a weighted average price of $12.25, and 253,809 shares were sold at a weighted average price of $13.22. Following these transactions, the reporting person beneficially owned 24,938,867 shares, held indirectly through Longview Grindr Holdings Limited. The filing notes that reported prices are weighted averages across multiple trades within disclosed ranges.
Positive
- None.
Negative
- None.
Insights
Significant insider sales disclosed; routine filing context.
A director/10% owner reported sales across three transactions, using weighted average prices. Post‑trade, indirect beneficial ownership is 24,938,867 shares via Longview Grindr Holdings Limited. These figures are typical of Form 4 disclosures and reflect executed market sales.
The filing clarifies prices are weighted averages with ranges for each trading day, which is standard. Actual portfolio impact depends on the holder's broader position and trading plans as permitted by regulations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 96,191 | $12.25 | $1.18M |
| Sale | Common Stock | 253,809 | $13.22 | $3.36M |
| Sale | Common Stock | 300,000 | $11.94 | $3.58M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.73 to $12.55, 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 sold at each separate price within the range. Longview Capital Group Limited ("LCGL") is the sole equityholder of Longview Grindr Holdings Limited ("LGHL"). The Reporting Person is the sole equityholder of LCGL and exercises ultimate voting and investment power of the equity interests held by LCGL and LGHL. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.89 to $12.86, 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 sold at each separate price within the range. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.90 to $13.42, 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 sold at each separate price within the range.
