Grindr CPO sells 89K shares after option exercise
Grindr’s Chief Product Officer exercised options and sold 89,638 GRND shares on August 31, 2026 under a pre-arranged Rule 10b5-1 trading plan.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Grindr Inc. (GRND) reported that Chief Product Officer Austin J. Balance exercised stock options for 26,304 shares of common stock on August 31, 2026 at an exercise price of $4.20 per share and simultaneously sold 89,638 shares of common stock at a weighted average price of $15.46 per share. The option exercise and related sales were effected pursuant to a Rule 10b5-1 trading plan adopted on June 1, 2026, and the reported option award is now fully exercised with 0 options remaining from that grant.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Balance Austin J
Role
Chief Product Officer
Sold
89,638 shs ($1.39M)
Approx. gross sale proceeds
$1.39M
Approx. exercise cost
$110K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F4 | 26,304 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 26,304 | $4.20 | $110K |
| Sale | Common Stock F2, F3 | 89,638 | $15.46 | $1.39M |
Holdings After Transaction:
Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 850,056 shares (Direct)
Footnotes (4)
- F1. The option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on June 1, 2026.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on June 1, 2026.
- F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.26 to $15.61, 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. The stock option award was granted to the Reporting Person on December 7, 2021, and initially represented a right to purchase a total of 420,881 shares upon vesting. 1/12 of the shares subject to the stock option vested on December 3, 2022, and 1/12 of the shares vested quarterly thereafter.
Key Figures
Common shares sold: 89,638 shares
Weighted average sale price: $15.46 per share
Options exercised: 26,304 options
+4 more
7 metrics
Common shares sold
89,638 shares
Common stock sales by Chief Product Officer on August 31, 2026
Weighted average sale price
$15.46 per share
Weighted average price for 89,638 GRND shares sold on August 31, 2026
Options exercised
26,304 options
Stock options exercised into common stock on August 31, 2026
Option exercise price
$4.20 per share
Exercise price of the stock options converted into 26,304 common shares
Original option grant size
420,881 options
Stock option award granted on December 7, 2021 before vesting and exercises
Option expiration date
December 7, 2028
Expiration date of the stock option award that was fully exercised
Rule 10b5-1 plan adoption date
June 1, 2026
Date the trading plan governing the exercises and sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average price, stock option
3 terms
Rule 10b5-1 trading plan regulatory
"The option exercises reported in this Form 4 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.
stock option financial
"The stock option award was granted to the Reporting Person on December 7, 2021"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Grindr (GRND) disclose about Austin J. Balance’s recent insider transactions?
Grindr reported that Chief Product Officer Austin J. Balance exercised 26,304 stock options at $4.20 per share and sold 89,638 common shares on August 31, 2026 pursuant to a Rule 10b5-1 trading plan adopted on June 1, 2026.
What stock options did the Grindr (GRND) Chief Product Officer exercise?
He exercised stock options covering 26,304 shares of Grindr common stock at an exercise price of $4.20 per share on August 31, 2026. The option award was originally granted on December 7, 2021 for 420,881 shares and is now fully exercised.
Were the recent GRND insider trades by the Chief Product Officer under a Rule 10b5-1 plan?
Yes. The filing states that both the option exercises and the share sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted on June 1, 2026, indicating the transactions were pre-arranged.
What is the vesting history of the exercised Grindr (GRND) stock options?
The stock option award, granted on December 7, 2021, initially covered 420,881 shares. 1/12 of the shares vested on December 3, 2022, and 1/12 vested quarterly thereafter. The 26,304 options exercised on August 31, 2026 were part of this grant, which now has 0 options remaining.
What is the expiration date of the Grindr (GRND) stock options exercised by the Chief Product Officer?
The exercised stock options had an expiration date of December 7, 2028. On August 31, 2026, the Chief Product Officer exercised 26,304 of these options at an exercise price of $4.20 per share, leaving no remaining options from that particular grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
