Form 4: Grindr Inc. Director J Michael Gearon Jr. Sells Shares
SEC Form 4 Filing
Director J Michael Gearon Jr. of Grindr Inc. reports selling shares of common stock on May 14 and 15, 2025.
Summary
- J Michael Gearon Jr., a director at Grindr Inc., sold 241,441 shares of common stock on May 14, 2025, at a weighted average price of $23.95.
- He then sold 10,155 shares on May 15, 2025, at $23.9 per share.
- Following these transactions, Gearon directly owns 2,819 shares and indirectly owns 6,084,572 shares through a revocable trust and 7,090,959 shares through The 1997 Gearon Family Trust.
- He disclaims beneficial ownership of the shares held by the trusts except to the extent of his pecuniary interest.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather reports a transaction.
Industry Context
This filing reflects insider trading activity, which is a common occurrence for publicly traded companies. Monitoring such activity can provide insights into management's perspective on the company's valuation and future prospects.
Stakeholder Impact
- Shareholders may interpret the director's stock sale as a signal, although it could be for personal financial reasons and not necessarily indicative of the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Sale of 241,441 shares of common stock at a weighted average price of $23.95. |
| 05/15/2025 | Sale of 10,155 shares of common stock at $23.9 per share. |
| 05/16/2025 | Date of signature by Attorney-in-Fact, Bella Zaslavsky. |
Keywords
Form 4, Grindr Inc., GRND, J Michael Gearon Jr., Director, Share Sale, Beneficial Ownership, Securities Exchange Act
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