Grindr insider sale under 10b5-1; ownership now 490,520 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grindr (GRND) reported insider transactions by its GC and Head of Global Affairs. On 11/13/2025, the issuer withheld 28,437 shares to cover taxes upon settlement of RSUs that vested on 11/11/2025. The insider also sold 13,781 shares at a weighted average price of $14.39 pursuant to a Rule 10b5-1 trading plan adopted on 03/17/2025.
After these transactions, the insider directly beneficially owned 490,520 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 13,781 shares ($198,309)
Net Sell
2 txns
Insider
Katz Zachary
Role
GC and Head of Global Affairs
Sold
13,781 shs ($198K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 28,437 | $15.10 | $429K |
| Sale | Common Stock | 13,781 | $14.39 | $198K |
Holdings After Transaction:
Common Stock — 504,301 shares (Direct)
Footnotes (1)
- The Reporting Person is reporting the withholding by the Issuer of 28,437 shares of common stock that vested on November 11, 2025 pursuant to restricted stock units ("RSUs") but that were not issued in order to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 17, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.36 to $14.47, 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.
FAQ
What did Grindr (GRND) disclose in this Form 4?
An officer reported issuer withholding of 28,437 shares for RSU tax obligations and an open-market sale of 13,781 shares.
Was the sale under a 10b5-1 plan?
Yes. The sales were made under a Rule 10b5-1 trading plan adopted on 03/17/2025.
Who is the reporting person’s role at Grindr?
The reporting person is an officer: GC and Head of Global Affairs.