STOCK TITAN

Major Grindr (GRND) shareholder updates 53.7% stake and 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A

Rhea-AI Filing Summary

Grindr Inc. major shareholder group updated its ownership and trading plans in Amendment No. 10 to its Schedule 13D. The reporting persons, including Tiga Investments entities, Big Timber Holdings and G. Raymond Zage III, report aggregate beneficial holdings for Mr. Zage of 95,439,583 common shares, or 53.7% of Grindr’s outstanding stock, based on 177,725,977 shares outstanding as of May 6, 2026.

The group also entered into a Rule 10b5-1 trading plan with Morgan Stanley Smith Barney LLC for potential sales of up to 6,000,000 Grindr shares at prevailing market prices, beginning September 16, 2026 and scheduled to run through March 15, 2027, subject to plan conditions. The filing further discloses new equity compensation grants to Mr. Zage of 13,593 and 867 restricted stock units under Grindr’s 2022 equity incentive plan, each RSU representing one share of common stock subject to time- and change-of-control-based vesting.

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Beneficial ownership - Tiga Investments Eighty-Eight 85,926,333 shares Represents 48.3% of Grindr common stock
Beneficial ownership - Tiga Investments Pte. Ltd. 85,926,333 shares Represents 48.3% of Grindr common stock
Beneficial ownership - Big Timber Holdings 1,385,507 shares Represents 0.8% of Grindr common stock
Beneficial ownership - G. Raymond Zage III 95,439,583 shares Represents 53.7% of Grindr common stock
Shares outstanding baseline 177,725,977 shares Grindr common stock outstanding as of May 6, 2026
Rule 10b5-1 plan size Up to 6,000,000 shares Maximum Grindr shares eligible for sale under trading plan
RSU grant 1 13,593 RSUs Granted to G. Raymond Zage III on June 2, 2026
RSU grant 2 867 RSUs Granted to G. Raymond Zage III on June 2, 2026
Schedule 13D regulatory
"This Amendment No. 10 (this "Amendment") to the filed by the Reporting Persons on November 28, 2022, as amended from time to time"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
Rule 10b5-1 regulatory
"trading plan (the "Trading Plan") with Morgan Stanley Smith Barney LLC that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficially own financial
"Tiga 88, Tiga Investments, Big Timber and Mr. Zage beneficially own an aggregate of 85,926,333, 85,926,333, 1,385,507, and 95,439,583 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
restricted stock units financial
"On June 2, 2026, Mr. Zage was granted 13,593 restricted stock units ("RSUs") under the Issuer's Amended and Restated 2022 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
change in control financial
"RSUs will in any event vest in full on the earlier to occur of (1) immediately prior to the Issuer's 2027 annual stockholder meeting, and (2) immediately prior to the effective time of a change in control"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
cooling-off period regulatory
"expected to commence on September 16, 2026, following the expiration of the applicable cooling-off period required under Rule 10b5-1(c)(1)"
A cooling-off period is a temporary pause around a planned securities offering or major corporate action during which the company, underwriters and insiders limit promotional statements and certain transactions so investors can review official documents and regulators can assess disclosures. It matters to investors because it reduces the risk of decisions driven by hype, gives time to read the prospectus and legal filings, and helps ensure a fairer, more orderly market — like a mandatory waiting period before a big sale so buyers can compare facts calmly.
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Learn about SEC filing dates





39854F119

(CUSIP Number)
G. Raymond Zage, III
Ocean Financial Centre, Level 40, 10 Collyer Quay
Singapore, U0, 049315
65 6808 6288

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
06/17/2026

(Date of Event Which Requires Filing of This Statement)


If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




schemaVersion:


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage used herein is calculated based on 177,725,977 shares of the Common Stock of the Issuer outstanding as of May 6, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q filed on May 8, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage used herein is calculated based on 177,725,977 shares of the Common Stock of the Issuer outstanding as of May 6, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q filed on May 8, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage used herein is calculated based on 177,725,977 shares of the Common Stock of the Issuer outstanding as of May 6, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q filed on May 8, 2026.


SCHEDULE 13D




Comment for Type of Reporting Person:
The percentage used herein is calculated based on 177,725,977 shares of the Common Stock of the Issuer outstanding as of May 6, 2026 as reported on the Issuer's Quarterly Report on Form 10-Q filed on May 8, 2026.


SCHEDULE 13D


Tiga Investments Eighty-Eight Pte Ltd
Signature:/s/ G. Raymond Zage, III
Name/Title:Director
Date:06/18/2026
Tiga Investments Pte. Ltd.
Signature:/s/ G. Raymond Zage, III
Name/Title:Director
Date:06/18/2026
Big Timber Holdings, LLC
Signature:/s/ G. Raymond Zage, III
Name/Title:Member
Date:06/18/2026
Zage George Raymond III
Signature:/s/ G. Raymond Zage, III
Name/Title:Zage George Raymond III
Date:06/18/2026

FAQ

What ownership stake in Grindr Inc. (GRND) does G. Raymond Zage III report in this Schedule 13D/A?

G. Raymond Zage III reports beneficial ownership of 95,439,583 Grindr common shares, representing 53.7% of outstanding stock based on 177,725,977 shares as of May 6, 2026. This reflects majority control as disclosed in the amended Schedule 13D.

How many Grindr (GRND) shares are covered by the new Rule 10b5-1 trading plan?

The reporting persons’ Rule 10b5-1 trading plan covers potential sales of up to 6,000,000 Grindr common shares. Sales, if executed, would occur at prevailing market prices, subject to specified parameters and the terms and conditions of the trading plan agreement.

When will the Grindr (GRND) Rule 10b5-1 trading plan start and end?

The trading plan is expected to commence on September 16, 2026 after the required Rule 10b5-1 cooling-off period. It is scheduled to expire on March 15, 2027, unless it is terminated earlier in accordance with the plan’s terms and conditions.

What equity awards to G. Raymond Zage III are disclosed for Grindr (GRND)?

On June 2, 2026, G. Raymond Zage III received 13,593 restricted stock units and 867 restricted stock units under Grindr’s 2022 Equity Incentive Plan. Each RSU represents one share, with quarterly vesting and full vesting upon specified events such as a change in control.

What ownership do Tiga Investments entities report in Grindr Inc. (GRND)?

Tiga Investments Eighty-Eight Pte Ltd and Tiga Investments Pte. Ltd. each report beneficial ownership of 85,926,333 Grindr common shares. This corresponds to 48.3% of Grindr’s outstanding common stock, based on 177,725,977 shares outstanding as of May 6, 2026.

How many Grindr (GRND) shares does Big Timber Holdings, LLC beneficially own?

Big Timber Holdings, LLC reports beneficial ownership of 1,385,507 Grindr common shares. This position represents approximately 0.8% of Grindr’s issued and outstanding common stock, using the same 177,725,977 outstanding share count as of May 6, 2026 disclosed in the filing.