Form 4: Grindr Inc. CEO George Arison Gifts Shares to Family Trust
SEC Form 4 Filing
Grindr Inc. CEO George Arison reported gifting 125,000 shares of common stock to The Arison Family Management Trust on May 9, 2025.
Summary
- On May 9, 2025, George Arison, the CEO of Grindr Inc., gifted 125,000 shares of Grindr's common stock to The Arison Family Management Trust.
- The Arison Family Management Trust is established for the benefit of Arison's spouse and children.
- The trustee of the trust is independent, and Arison has no investment control over the securities held within the trust.
- Following the transaction, Arison directly owns 2,193,896 shares of Grindr's common stock.
- Arison also indirectly owns 100,000 shares held by The George Arison 2024 GRAT.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock gift. It doesn't inherently convey positive or negative sentiment regarding the company's performance or future prospects.
Industry Context
This filing reflects standard reporting of insider transactions and doesn't inherently indicate a strategic shift for Grindr within the dating app industry.
Related Party Transactions
- The gift of shares to The Arison Family Management Trust constitutes a related-party transaction.
Stakeholder Impact
- The transaction has minimal direct impact on stakeholders, as it is a transfer of shares for estate planning purposes and does not affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 05/09/2025 | Date of the stock gift transaction. |
| 05/13/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Grindr, George Arison, stock gift, Form 4, beneficial ownership, Arison Family Management Trust, GRND
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