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

J Michael Gearon Jr., a director at Grindr Inc., sold shares of the company's common stock on May 16 and May 19, 2025, according to a Form 4 filing with the SEC.

Summary

• On May 16, 2025, J Michael Gearon Jr., a director of Grindr Inc., sold 107,002 shares of common stock at a weighted average price of $23.50.
• These shares were sold in multiple transactions with prices ranging from $23.50 to $23.58.
• Following this transaction, Mr. Gearon indirectly owns 5,977,570 shares through a revocable trust.
• On May 19, 2025, Mr. Gearon sold an additional 477,570 shares at a weighted average price of $23.64.
• These shares were sold in multiple transactions with prices ranging from $23.50 to $23.80.
• Following this transaction, Mr. Gearon indirectly owns 5,500,000 shares through a revocable trust.
• Mr. Gearon also indirectly owns 7,090,959 shares through The 1997 Gearon Family Trust and 2,819 shares directly.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a company director. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.

Industry Context

This filing reflects insider trading activity, which is a common occurrence in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company's future prospects.

Stakeholder Impact

• Shareholders may react to the news of the director's share sale, potentially impacting the stock price.
• The sale could be perceived as a lack of confidence by a key insider, or simply as part of personal financial planning.

Key Dates

Keywords

Form 4, Grindr Inc., J Michael Gearon Jr., share sale, director, insider trading, GRND