Grindr Inc. (GRND) director and 10% owner reports 200,000-share insider purchase
Rhea-AI Filing Summary
Grindr Inc. insider who is both a director and 10% owner reported open‑market purchases of company stock. On December 2, 2025, the reporting person, through Big Timber Holdings, LLC, acquired 100,000 shares of common stock at a weighted average price of $12.95 per share. On December 3, 2025, a further 100,000 shares of common stock were purchased at a weighted average price of $13.56 per share. Following these transactions, one line of beneficial ownership shows 1,310,507 shares held indirectly through an LLC, and another shows 7,983,283 shares directly owned, with an additional 85,926,333 shares held indirectly through Tiga Eighty-Eight Pte. Ltd. The reporting person disclaims beneficial ownership of the indirect holdings except to the extent of their economic interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
FAQ
What type of SEC filing did Grindr Inc. (GRND) report here?
This is a Form 4 filing, which discloses changes in the beneficial ownership of Grindr Inc. common stock by an insider who is both a director and 10% owner.
How many Grindr Inc. (GRND) shares did the insider purchase in this Form 4?
The reporting person purchased a total of 200,000 shares of Grindr Inc. common stock, consisting of 100,000 shares on December 2, 2025 and 100,000 shares on December 3, 2025.
At what prices were the Grindr Inc. (GRND) shares bought in these transactions?
On December 2, 2025, the insider bought 100,000 shares at a weighted average price of $12.95 per share, with individual trades between $12.815 and $13.00. On December 3, 2025, another 100,000 shares were purchased at a weighted average price of $13.56 per share, with trades between $13.42 and $13.695.
How many Grindr Inc. (GRND) shares does the insider report beneficially owning after these transactions?
After the reported transactions, the filing shows 1,310,507 shares of Grindr Inc. common stock held indirectly through Big Timber Holdings, LLC, 7,983,283 shares shown as directly owned, and 85,926,333 shares held indirectly through Tiga Eighty-Eight Pte. Ltd.
How are the indirectly held Grindr Inc. (GRND) shares structured for this insider?
Some shares are held by Big Timber Holdings, LLC, a Nevis limited liability company, where the reporting person is manager and sole member, and others by Tiga Eighty-Eight Pte. Ltd., which is 100% indirectly owned by the reporting person.
Does the insider fully admit beneficial ownership of all indirect Grindr Inc. (GRND) shares?
No. For both Big Timber Holdings, LLC and Tiga Eighty-Eight Pte. Ltd., the reporting person disclaims beneficial ownership of the shares except to the extent of their pecuniary interest.
Were these Grindr Inc. (GRND) trades executed under a Rule 10b5-1 plan?
The form includes a checkbox for indicating if trades were made under a Rule 10b5-1(c) trading plan, but the excerpt does not show that box marked for these transactions.