GRND.NYSEGrindr INC

Form 4: Grindr Inc. Director Nathan Richardson Sells 1,000 Shares

Sentiment:

SEC Form 4 Filing


Director Nathan Richardson of Grindr Inc. executed a sale of 1,000 common stock shares at $24.01 per share on May 14, 2025, according to a Form 4 filing.

Summary

  • On May 14, 2025, Nathan Richardson, a director of Grindr Inc., sold 1,000 shares of common stock.
  • The sale was executed at a price of $24.01 per share.
  • Following the transaction, Richardson directly owns 15,642 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 standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 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 have a minor impact on shareholder confidence, but the effect is likely minimal given the relatively small number of shares involved and the pre-planned nature of the transaction.

Key Dates

DateDescription
05/15/2024Date of adoption of Rule 10b5-1 trading plan
05/14/2025Date of transaction (sale of shares)
05/16/2025Date of Form 4 filing

Keywords

Form 4, Grindr Inc., GRND, Nathan Richardson, Stock Sale, Rule 10b5-1, Director, Insider Trading

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