Grindr CLO sells 12,799 shares under 10b5-1 plan
Grindr Inc. chief legal officer Zachary Katz reported an open‑market sale of 12,799 shares of common stock at a weighted average price of $14.65 per share.
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Rhea-AI Filing Summary
Grindr Inc. chief legal officer Zachary Katz reported an open‑market sale of 12,799 shares of common stock at a weighted average price of $14.65 per share. The transaction was executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on March 18, 2026.
Following this sale, Katz directly holds 726,123 shares of Grindr common stock. Because the trade was carried out under a Rule 10b5‑1 plan, its timing reflects a preset schedule rather than a discretionary decision based on recent company developments.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 12,799 | $14.65 | $188K |
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 18, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.63 to $14.68, 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
weighted average price financial
FAQ
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What insider transaction did Grindr (GRND) report for Zachary Katz?
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