Grindr director sells 1,500 shares in plan trade
Grindr Inc. director Nathan Richardson reported an open-market sale of common stock.
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
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Negative
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Insider Trade Summary
Net Seller: 1,500 shares
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)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted August 11, 2025.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.