Form 4: Grindr Inc. Director Nathan Richardson Sells 1,000 Shares
SEC Form 4 Filing
Director Nathan Richardson sold 1,000 shares of Grindr Inc. common stock at a price of $16.34 on March 14, 2025, according to a Form 4 filing.
Summary
- On March 14, 2025, Nathan Richardson, a director of Grindr Inc., sold 1,000 shares of common stock.
- The sale was executed at a price of $16.34 per share.
- Following the transaction, Richardson directly owns 17,642 shares of Grindr Inc.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on May 15, 2024.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company insiders.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the director's holdings.
Key Dates
| Date | Description |
|---|---|
| May 15, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| March 14, 2025 | Date of stock sale transaction |
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