Form 4: Grindr Inc. Director Lu James Fu Bin Reports Changes in Beneficial Ownership

Director Lu James Fu Bin reports acquisition and disposal of Grindr Inc. common stock and restricted stock units.

Summary

• On July 19, 2024, Lu James Fu Bin, a director of Grindr Inc., reported acquiring 8,756 shares of common stock underlying restricted stock units (RSUs) at $0.
• These RSUs vest and settle into common stock, with 25% vesting on October 19, 2024, and the remainder in equal quarterly installments thereafter, subject to continuous service.
• On the same date, the director disposed of 12,901 shares of common stock.
• Following these transactions, the director directly owns 12,901 shares and indirectly owns 35,388,761 shares through Longview Capital SVH LLC.
• The director disclaims beneficial ownership of the indirectly held shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to investors regarding the transactions of company executives and directors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates