Grindr (GRND) director Nathan Richardson sells 1,500 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Grindr Inc. director Nathan Richardson reported an open-market sale of common stock. He sold 1,500 shares at a price of $11.27 per share, leaving him with 11,333 shares held directly after the transaction. The filing notes these sales were made under a pre-arranged Rule 10b5-1 trading plan adopted on August 11, 2025, which is designed to allow insiders to sell shares on a scheduled basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,500 shares ($16,905)
Net Sell
1 txn
Insider
Richardson Nathan
Role
Director
Sold
1,500 shs ($17K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $11.27 | $17K |
Holdings After Transaction:
Common Stock — 11,333 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Grindr (GRND) director Nathan Richardson report?
Nathan Richardson reported selling 1,500 shares of Grindr common stock. The shares were sold in an open-market transaction at $11.27 per share under a Rule 10b5-1 trading plan adopted August 11, 2025.
Was Nathan Richardson’s Grindr (GRND) stock sale under a 10b5-1 plan?
Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan. That plan was adopted on August 11, 2025, allowing pre-scheduled trades intended to reduce the influence of day-to-day market decisions.
Is the Grindr (GRND) insider transaction a buy or a sell?
The transaction is a sale of Grindr common stock. Nathan Richardson sold 1,500 shares in an open-market transaction at $11.27 per share, leaving him with 11,333 shares directly owned afterward.
What role does Nathan Richardson hold at Grindr (GRND)?
Nathan Richardson is identified as a director of Grindr Inc. In this capacity, his open-market sale of 1,500 shares and the remaining ownership of 11,333 shares are disclosed for transparency to investors.