|4Jan 27, 7:00 PM ET

Lu James Fu Bin 4

Research Summary

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Grindr (GRND) 10% Owner Lu James Fu Bin Sells 639,000 Shares

What Happened
Lu James Fu Bin, reported as a 10% owner of Grindr Inc., sold a total of 639,000 shares of Grindr Class A common stock in three open-market/private sales between January 23 and January 27, 2026, generating aggregate proceeds of approximately $7,588,830. The sales were reported as code "S" (sale), not purchases or option exercises.

  • Jan 23, 2026 — 200,000 shares at a weighted average price of $11.90; proceeds $2,380,000 (prices in range $11.68–$12.04).
  • Jan 26, 2026 — 239,000 shares at a weighted average price of $11.97; proceeds $2,860,830 (prices in range $11.88–$12.03).
  • Jan 27, 2026 — 200,000 shares at a weighted average price of $11.74; proceeds $2,348,000 (prices in range $11.52–$11.95).

Key Details

  • Filing date: Form 4 filed January 27, 2026. Based on transaction dates, the filing appears to be within the 2-business-day deadline (timely).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnotes of note: F2 describes the ownership structure — Lu James Fu Bin is sole equityholder of Longview Capital Group Limited (LCGL), which is sole equityholder of Longview Grindr Holdings Limited (LGHL); he disclaims beneficial ownership except to the extent of pecuniary interest. F1–F4 indicate reported prices are weighted averages and give the price ranges for the multiple transactions.
  • Transaction code: S = Sale (open market or private sale).

Context

  • These are outright sales by a reported 10% owner (via holding companies). For retail investors, note that sales by large holders can reflect many possible reasons (portfolio rebalancing, liquidity needs, etc.) and are not definitive signals about company prospects. The filing’s footnote about the holding-company structure means reported ownership/beneficial-interest nuances may apply.