|4Feb 6, 7:50 PM ET

Lu James Fu Bin 4

Research Summary

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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.