Grindr director George Raymond Zage III sells 500K shares
The trading plan’s reported adoption date was June 17, 2026, and it covered both November sales.
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Form Type
4
Rhea-AI Filing Summary
Grindr Inc. director and 10% owner George Raymond Zage III reported direct sales of 500,000 common shares under a Rule 10b5-1 trading plan adopted June 17, 2026. He sold 330,000 shares on November 2, 2026, at a weighted average price of $12.78 (prices ranged from $12.55 to $12.905), and 170,000 shares on November 3 at a weighted average price of $13.03 (prices ranged from $12.58 to $13.19).
Insider Trade Summary 10b5-1
Net Seller: 500,000 shares
Net Sell
2 txns
Insider
Zage George Raymond III
Role
Director, 10% Owner
Sold
500,000 shs ($6.43M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F3 | 170,000 | $13.03 | $2.22M |
| Sale | Common Stock F1, F2 | 330,000 | $12.78 | $4.22M |
| Holding | Common Stock F4 | -- | -- | -- |
| Holding | Common Stock F5 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,127,743 shares (Direct);
Common Stock — 1,385,507 shares (Indirect, By LLC);
Common Stock — 85,926,333 shares (Indirect, By Tiga Eighty-Eight Pte Ltd.)
Footnotes (5)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted June 17, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.55 to $12.905, 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 sold at each separate price within the range.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.58 to $13.19, 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 sold at each separate price within the range.
- F4. 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.
- F5. 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.
Key Figures
Total shares sold: 500,000 shares
Shares sold: 330,000 shares
Weighted average sale price: $12.78 per share
+4 more
7 metrics
Total shares sold
500,000 shares
Across two direct sale transactions
Shares sold
330,000 shares
Direct sale on November 2, 2026
Weighted average sale price
$12.78 per share
November 2, 2026; transaction prices ranged from $12.55 to $12.905, inclusive
Shares sold
170,000 shares
Direct sale on November 3, 2026
Weighted average sale price
$13.03 per share
November 3, 2026; transaction prices ranged from $12.58 to $13.19, inclusive
Big Timber Holdings, LLC shares
1,385,507 shares
Indirect holding reported November 2, 2026
Tiga Eighty-Eight Pte. Ltd. shares
85,926,333 shares
Indirect holding reported November 2, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average price, pecuniary interest
3 terms
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
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