Grindr (GRND) CLO Zachary Katz sells 12,979 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Grindr Inc. officer Zachary Katz, CLO and Head of Global Affairs, sold 12,979 shares of common stock on August 3, 2026 at a weighted average price of $17.89 per share. The open-market transactions occurred within a $17.71–$18.13 range under a Rule 10b5-1 trading plan adopted March 18, 2026, leaving him with 690,172 shares held directly.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 12,979 shares
Net Sell
1 txn
Insider
Katz Zachary
Role
CLO and Head of Global Affairs
Sold
12,979 shs ($232K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 12,979 | $17.89 | $232K |
Holdings After Transaction:
Common Stock — 690,172 shares (Direct)
Footnotes (2)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted March 18, 2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.71 to $18.13, 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.
Key Figures
Shares sold: 12,979 shares
Weighted average sale price: $17.89 per share
Price range: $17.71–$18.13
+3 more
6 metrics
Shares sold
12,979 shares
Common stock sale reported for August 3, 2026
Weighted average sale price
$17.89 per share
Average price for the 12,979 shares sold
Price range
$17.71–$18.13
Range of prices for multiple transactions in the sale
Shares held after transaction
690,172 shares
Direct holdings of common stock after the sale
Transaction date
August 3, 2026
Date of the reported common stock sale
10b5-1 plan adoption date
March 18, 2026
Date the Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales were effected 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.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Grindr (GRND) executive Zachary Katz report?
Zachary Katz reported selling 12,979 shares of Grindr common stock. The sales occurred on August 3, 2026 at a weighted average price of $17.89 per share in open-market transactions within a $17.71–$18.13 range.
Was the Grindr (GRND) insider sale by Zachary Katz made under a Rule 10b5-1 plan?
Yes, the sale was made under a Rule 10b5-1 trading plan. The footnote states the trades were effected pursuant to such a plan, which was adopted March 18, 2026, and the Form 4 also affirms Rule 10b5-1 status.
What role does Zachary Katz hold at Grindr (GRND) in this Form 4?
In this filing, Zachary Katz is identified as CLO and Head of Global Affairs of Grindr Inc. His reported transaction involves a direct ownership position in the company’s common stock following the disclosed open-market sale.