Nathan Richardson - 14 Jan 2025 Form 4 Insider Report for Grindr Inc. (GRND)

Role
Director
Signature
/s/ William Shafton, Attorney-in-Fact
Issuer symbol
GRND
Transactions as of
14 Jan 2025
Net transactions value
-$16,580
Form type
4
Filing time
16 Jan 2025, 17:17:51 UTC
Previous filing
17 Dec 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Sale $16,580 -1,000 -4.8% $16.58 19,642 14 Jan 2025 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted May 15, 2024.