Lu James Fu Bin 4

What Happened
Lu James Fu Bin, reported as a 10% owner of Grindr Inc. (GRND), sold a total of 600,000 ordinary shares across three reported transactions on Jan 20–22, 2026. Each trade was for 200,000 shares: Jan 20 at a weighted avg price of $12.06 (proceeds $2,412,000), Jan 21 at $11.99 (proceeds $2,398,000), and Jan 22 at $11.98 (proceeds $2,396,000). Total reported proceeds were $7,206,000 (about $7.21M). The transactions are reported as sales (code S) and were described as open-market or private sales.

Key Details

• Dates and reported weighted-average prices:
  • 2026-01-20: 200,000 shares @ $12.06 (range reported $11.93–$12.28) — $2,412,000 (F1)
  • 2026-01-21: 200,000 shares @ $11.99 (range reported $11.92–$12.15) — $2,398,000 (F3)
  • 2026-01-22: 200,000 shares @ $11.98 (range reported $11.90–$12.13) — $2,396,000 (F4)
• Total shares sold: 600,000; total proceeds: $7,206,000 (approx. $7.21M).
• Ownership/structure note (F2): Lu James Fu Bin is the sole equityholder of Longview Capital Group Limited, which holds interests through Longview Grindr Holdings Limited; he disclaims beneficial ownership except to the extent of his pecuniary interest.
• Shares owned after the transactions: not disclosed in the provided excerpt.
• Filing: Report filed Jan 22, 2026 for transactions on Jan 20–22; no late filing flag indicated in the provided data.

Context
These entries are straight sales by a reported 10% owner (not an option exercise or award). The footnotes indicate the reported column prices are weighted averages and the shares were sold in multiple executions at the ranges shown; the filer offers to provide per-price breakdowns on request. As a 10% owner via an investment structure, the filing includes a disclaimer about beneficial ownership — this is common for institutional or layered ownership arrangements and is not necessarily the same as executive trading.