Richardson Nathan 4

What Happened
Nathan Richardson, a director of Grindr Inc. (GRND), reported the sale of 1,500 common shares in an open-market transaction on April 1, 2026. The shares were disposed at $12.17 per share for total proceeds of $18,255. This was a sale (not a purchase), which many investors view as a routine liquidity event rather than a direct endorsement or rejection of the company.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026.
• Price and amount: 1,500 shares sold at $12.17 per share; total $18,255.
• Shares owned after transaction: Not specified on this Form 4.
• Footnote: Sale was executed pursuant to a Rule 10b5-1 trading plan adopted August 11, 2025.
• Timeliness: Form 4 filed on April 3, 2026; no late‑filing flag indicated in the filing.

Context
A 10b5-1 plan allows insiders to sell pre‑arranged blocks of stock on a set schedule, which helps distinguish planned liquidity from opportunistic trading. Sales under such plans are common and should be interpreted cautiously; they are factual disclosures of insider activity, not explanations of intent.