Form 4: Grindr CEO George Arison Transfers Shares in Family Trust and GRAT

Grindr CEO George Arison gifted 85,000 shares to a family trust and 100,000 shares to a Grantor Retained Annuity Trust (GRAT).

Summary

• Grindr CEO George Arison gifted 85,000 shares of Grindr common stock to the Arison Family Management Trust on January 8, 2025.
• The Arison Family Management Trust was established for the benefit of Mr. Arison's spouse and children.
• Mr. Arison also transferred 100,000 shares of Grindr common stock to The George Arison 2024 GRAT on December 13, 2024.
• The shares held by the GRAT are recorded as indirectly owned by Mr. Arison.
• Following these transactions, Mr. Arison directly owns 2,507,616 shares of Grindr common stock.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of share transfers, with no positive or negative implications for the company's performance.

Management Comments

• The Reporting Person disclaims beneficial ownership of the securities held by the trust, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders who make transactions involving their company's stock. It is a routine disclosure and does not indicate any specific trend in the industry.

Comparison to Industry Standards

• These types of transactions are common among executives at publicly traded companies.
• The use of family trusts and GRATs are standard estate planning tools for high-net-worth individuals.
• The reporting requirements are consistent with SEC regulations for insider trading.

Stakeholder Impact

• The share transfers do not have a direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Grindr, George Arison, share transfer, family trust, GRAT, beneficial ownership, insider trading