Grindr CPO sells 31,615 shares, exercises options
Grindr Inc. Chief Product Officer Austin J. Balance reported option exercises and share sales in Grindr common stock.
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Rhea-AI Filing Summary
Grindr Inc. Chief Product Officer Austin J. Balance reported option exercises and share sales in Grindr common stock. On May 8, 2026, he sold a total of 31,615 shares of common stock in open-market transactions at $15.0029 per share, while exercising options to acquire 13,153 shares at a $4.20 exercise price. Following these transactions, he held 913,390 shares of common stock directly and 26,304 stock options outstanding. The filing states that both the option exercises and the sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 11, 2025.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 13,153 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,153 | $4.20 | $55K |
| Sale | Common Stock | 13,153 | $15.0029 | $197K |
| Sale | Common Stock | 18,462 | $15.0029 | $277K |
Footnotes (3)
- F1. The option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on August 11, 2025.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on August 11, 2025.
- F3. The stock option award was granted to the Reporting Person on December 7, 2021, and initially represented a right to purchase a total of 420,881 shares upon vesting. 1/12 of the shares subject to the stock option vested on December 3, 2022, and 1/12 of the shares vested quarterly thereafter.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
derivative security financial
stock option award financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Grindr (GRND) report for Austin J. Balance?
What stock options did Grindr’s Chief Product Officer exercise in this Form 4?
Were the Grindr (GRND) insider trades made under a Rule 10b5-1 trading plan?
What stock option position does Austin J. Balance retain in Grindr (GRND)?
AI-generated analysis. How Rhea-AI works. Not financial advice.