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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100,000 | $13.56 | $1.36M |
| Purchase | Common Stock | 100,000 | $12.95 | $1.29M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.815 to $13.00, 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 purchased at each separate price within the range. Shares 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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.42 to $13.695, 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 purchased at each separate price within the range. 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.
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.
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.