Form 4: Grindr Inc. Director Nathan Richardson Sells 1,000 Shares
SEC Filing
Director Nathan Richardson sold 1,000 shares of Grindr Inc. common stock at a price of $18.4 per share on April 14, 2025, according to a Form 4 filing.
Summary
- On April 14, 2025, Nathan Richardson, a director of Grindr Inc., sold 1,000 shares of common stock.
- The transaction was executed at a price of $18.4 per share.
- Following the sale, Richardson directly owns 16,642 shares of Grindr Inc.
- The sale was conducted under a Rule 10b5-1 trading plan adopted on May 15, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction was pre-planned under a 10b5-1 trading plan.
Industry Context
Insider transactions are routinely monitored by investors to gauge sentiment about a company's prospects; however, sales under 10b5-1 plans are less informative because they are pre-arranged.
Key Dates
| Date | Description |
|---|---|
| May 15, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| April 14, 2025 | Date of stock sale transaction |
| April 16, 2025 | Date of Form 4 filing |
Keywords
Form 4, Grindr Inc., GRND, Nathan Richardson, Director, Stock Sale, Rule 10b5-1, Insider Trading
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