Lu James Fu Bin 4
4 · Grindr Inc. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Grindr (GRND) 10% Owner Lu James Fu Bin Sells 1.45M Shares
What Happened
Lu James Fu Bin, reported as a 10% owner of Grindr Inc. (GRND), sold a total of 1,450,000 shares in open-market or private sales across Feb 4–6, 2026. The sales were: 375,000 shares on Feb 4 at a weighted average price of $10.13 (proceeds $3,798,750); 600,000 shares on Feb 5 at $10.07 (proceeds $6,042,000); and 475,000 shares on Feb 6 at $10.01 (proceeds $4,754,750). Total reported proceeds were $14,595,500 (≈ $14.6M). These were sales (not purchases), which are typically routine dispositions rather than a direct bullish signal.
Key Details
- Transaction dates/prices: Feb 4 (375,000 @ $10.13; range $10.00–$10.50 per F1), Feb 5 (600,000 @ $10.07; range $9.87–$10.28 per F3), Feb 6 (475,000 @ $10.01; range $9.80–$10.25 per F4). Reported column prices are weighted averages; the filer can provide per-trade price breakdowns on request.
- Transaction type: Code S — Sale (open market or private sale).
- Total sold: 1,450,000 shares for $14,595,500.
- Filing: Form 4 filed Feb 6, 2026 covering trades through Feb 6, 2026 (period of report started Feb 4, 2026).
- Shares owned after transaction: Not specified in the reported data.
- Ownership structure (F2): The shares are held through Longview Capital Group Limited / Longview Grindr Holdings Limited; the reporting person is sole equityholder of LCGL and disclaims beneficial ownership except to the extent of pecuniary interest.
Context
This filing reflects dispositions by a reported 10% owner (an institutional/majority-holder context), not an option exercise, grant, or gift. Sales by large holders can be for many reasons (liquidity, portfolio management) and are generally less informative about company prospects than insider purchases. The filing includes footnotes clarifying weighted-average pricing and the ownership structure; you can request a per-price breakdown from the issuer or the SEC staff if you need the exact prices for each individual trade.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-04$10.13/sh−375,000$3,798,750→ 19,507,101 total(indirect: By Longview Grindr Holdings Limited) - Sale
Common Stock
[F3]2026-02-05$10.07/sh−600,000$6,042,000→ 18,907,101 total(indirect: By Longview Grindr Holdings Limited) - Sale
Common Stock
[F4]2026-02-06$10.01/sh−475,000$4,754,750→ 18,432,101 total(indirect: By Longview Grindr Holdings Limited)
- 4,455
Common Stock
Footnotes (4)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]Longview Capital Group Limited ("LCGL") is the sole equityholder of Longview Grindr Holdings Limited ("LGHL"). The Reporting Person is the sole equityholder of LCGL and exercises ultimate voting and investment power of the equity interests held by LCGL and LGHL. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.87 to $10.28, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.80 to $10.25, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.