Richardson Nathan 4

What Happened
Nathan Richardson, a director of Grindr Inc. (GRND), sold 1,500 shares on February 2, 2026, at $11.18 per share for total proceeds of $16,770. The transaction is reported as a sale (S), a routine disposition rather than a purchase.

Key Details

• Transaction date: 2026-02-02; Price per share: $11.18; Total value: $16,770.
• Form filed: Accession 0001768514-26-000002, filed 2026-02-04 (appears timely—filed within two business days).
• Shares owned after transaction: not specified in the information provided on this filing.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 11, 2025 (reduces the likelihood the sale reflects contemporaneous insider views).
• Transaction type: Reported as "Open market or private sale" (S).

Context
Sales by directors can be routine (e.g., diversification, pre-set plans). Because this sale was made under a 10b5-1 plan, it is generally viewed as pre-planned and less indicative of the director’s current sentiment about the company. The transaction size ($16.8K) is modest; investors typically give more weight to timely, sizable insider purchases than to small sales.