Grindr CEO gifts 175K shares to family trust
Grindr Inc. director and CEO George Arison reported a bona fide gift of 175,000 shares of Common Stock to The Arison Family Management Trust.
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Rhea-AI Filing Summary
Grindr Inc. director and CEO George Arison reported a bona fide gift of 175,000 shares of Common Stock to The Arison Family Management Trust. The trust is for the benefit of his spouse and children, and its independent trustee, not Arison, has investment control over the securities.
After this gift, Arison directly holds 1,370,268 Common Stock shares. In addition, 150,000 shares are held of record by The George Arison 2024 GRAT and 22,500 shares are held of record by The George Arison 2026 GRAT as indirect holdings.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 175,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. This transaction involved the Reporting Person's gift of 175,000 shares of the Issuer's common stock to The Arison Family Management Trust, established for the benefit of the Reporting Person's spouse and children and exempt under Rule 16b-5. The trustee of the trust is independent of the Reporting Person and the Reporting Person has no investment control over the securities in the trust. Accordingly, the Reporting Person does not claim beneficial ownership of the securities held by the trust and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F2. The shares are held of record by The George Arison 2024 GRAT.
- F3. The shares are held of record by The George Arison 2026 GRAT.
Key Figures
Key Terms
bona fide gift financial
Rule 16b-5 regulatory
Section 16 regulatory
GRAT financial
beneficial ownership financial
FAQ
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What did Grindr (GRND) CEO George Arison report in this Form 4?
What indirect Grindr (GRND) holdings are reported for George Arison?
Was this Grindr (GRND) insider transaction a market sale or purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.