Grindr (NYSE: GRND) insider and 10% owner acquires 300,000 shares

Rhea-AI Filing Summary

Grindr Inc. reported insider share purchases by a director and 10% owner. The reporting person bought 150,000 shares of common stock on 11/28/2025 at a weighted average price of $12.88 per share and another 150,000 shares on 12/01/2025 at a weighted average price of $12.91 per share.

After these transactions, the reporting person beneficially owned 7,883,283 shares directly and 1,210,507 shares indirectly through an LLC, plus 85,926,333 shares held by Tiga Eighty-Eight Pte. Ltd. The indirect holdings are controlled by the reporting person, who disclaims beneficial ownership beyond his pecuniary interest.

Insights

Equity Ownership and Governance Analyst

Large director and 10% owner increased stake via open-market purchases, reinforcing economic exposure and governance influence.

The filing shows a key insider of Grindr Inc. (GRND), who is both a director and a 10% owner, buying common stock in the open market. On 11/28/2025, this person purchased 150,000 shares at a weighted average of $12.88, and on 12/01/2025 another 150,000 shares at a weighted average of $12.91, across multiple trades within the disclosed price ranges. After these trades, the insider holds 7,883,283 shares directly and has additional indirect holdings through an LLC and through Tiga Eighty-Eight Pte. Ltd., though beneficial ownership of some of these is disclaimed except for pecuniary interest.

These transactions represent a clear net increase in ownership rather than sales, which strengthens the insider’s economic alignment with other shareholders. The purchases are standard open-market buys, not option exercises or derivative transactions, and no derivative positions are reported in Table II. The structure of indirect ownership through Big Timber Holdings, LLC and Tiga Eighty-Eight Pte. Ltd. concentrates voting and investment power, which can influence control dynamics and governance outcomes.

The key items to watch are any future Form 4 filings from this insider, which would clarify whether these buys are isolated or part of a continued accumulation pattern. The weighted-average price ranges disclosed (from $12.70 to $13.06) provide a concrete reference band for recent insider entry levels around late 2025. Over the coming quarters, changes in this insider’s direct and indirect positions could signal evolving views on ownership concentration and long-term commitment.

Insider Trade Summary

Net Buyer: 300,000 shares ($3,868,500)

Net Buy 3 txns

Insider Zage George Raymond III

Role Director, 10% Owner

Bought 300,000 shs ($3.87M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	150,000	$12.91	$1.94M
Purchase	Common Stock	150,000	$12.88	$1.93M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,210,507 shares (Indirect, By LLC); Common Stock — 7,883,283 shares (Direct)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.735 to $13.06, 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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.70 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. 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Zage George Raymond III

(Last) (First) (Middle)

C/O GRINDR INC.

750 N. SAN VICENTE BLVD. STE RE1400

(Street)

WEST HOLLYWOOD CA 90069

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Grindr Inc. [ GRND ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/28/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/28/2025		P		150,000	A	$12.88(1)	7,883,283	D
Common Stock	12/01/2025		P		150,000	A	$12.91(2)	1,210,507	I	By LLC(3)
Common Stock								85,926,333	I	By Tiga Eighty-Eight Pte Ltd.(4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.735 to $13.06, 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.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $12.70 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.

3. 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.

4. 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.

	/s/ Bella Zaslavsky, Attorney-in-Fact	12/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Grindr Inc. (GRND) disclose in this Form 4?

The filing shows that a director and 10% owner of Grindr Inc. purchased two blocks of common stock: 150,000 shares on 11/28/2025 and another 150,000 shares on 12/01/2025.

At what prices were the Grindr (GRND) shares purchased by the insider?

The insider purchases were made at weighted average prices. On 11/28/2025, shares were bought at $12.88 per share, and on 12/01/2025, at $12.91 per share, each representing ranges of individual trade prices.

How many Grindr Inc. (GRND) shares does the reporting person beneficially own after these trades?

After the reported transactions, the person beneficially owns 7,883,283 shares directly, 1,210,507 shares indirectly through an LLC, and 85,926,333 shares indirectly through Tiga Eighty-Eight Pte. Ltd.

What is the nature of the indirect ownership reported for Grindr (GRND)?

Indirect ownership includes shares held by Big Timber Holdings, LLC, where the reporting person is manager and sole member, and by Tiga Eighty-Eight Pte. Ltd., which is 100% indirectly owned by the reporting person.

Does the insider fully acknowledge beneficial ownership of all reported Grindr (GRND) shares?

No. For both the LLC and Tiga Eighty-Eight Pte. Ltd. holdings, the reporting person disclaims beneficial ownership except to the extent of his pecuniary interest in those shares.

Were the Grindr (GRND) insider purchases executed in multiple trades?

Yes. Each transaction price shown is a weighted average. The shares bought on 11/28/2025 were executed between $12.735 and $13.06, and those on 12/01/2025 between $12.70 and $13.00.