Form 4: Grindr Inc. Director J. Michael Gearon Jr. Sells Shares

J. Michael Gearon Jr., a director at Grindr Inc., recently sold shares of the company's common stock in two transactions.

Summary

• On May 12, 2025, J. Michael Gearon Jr. sold 500,000 shares of Grindr Inc. common stock at a price of $23.71 per share.
• On May 13, 2025, he sold an additional 283,559 shares at a weighted average price of $24.13 per share, with prices ranging from $24.00 to $24.39.
• Following these transactions, Gearon Jr. indirectly owns 6,336,168 shares through a revocable trust and 7,090,959 shares through The 1997 Gearon Family Trust.
• He also directly owns 2,819 shares.
• A power of attorney was granted to several individuals at Grindr Inc. and Cooley LLP to handle SEC filings on Gearon Jr.'s behalf.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock sales by a company director. It's neutral in tone and doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by insiders are a common occurrence and are closely watched by investors for signals about the company's prospects; however, without additional context, it's difficult to determine the specific reasons behind these transactions.

Stakeholder Impact

• Shareholders may react to the news of the director's stock sales, potentially influencing the stock price.

Key Dates

Keywords

Grindr Inc., J. Michael Gearon Jr., share sale, Form 4, beneficial ownership, SEC, director, stock, transaction