Richardson Nathan 4

What Happened Nathan Richardson, a director of Grindr Inc. (GRND), sold 1,500 shares in an open-market transaction on June 1, 2026. The shares were sold at $12.59 per share for a total proceeds of $18,885. This was a sale (not a purchase); sales by insiders are often routine and not necessarily a negative signal about company prospects.

Key Details

• Transaction date and terms: 1,500 shares sold on 2026-06-01 at $12.59 per share; proceeds $18,885.
• Filing date: Form 4 filed 2026-06-03 (covers period of report 2026-06-01).
• Shares owned after transaction: Not disclosed in the details provided.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted August 11, 2025 (pre-arranged trading plan).
• Timeliness: Filing appears timely (filed two days after the transaction); no late-filing indication provided.

Context The sale was executed under a 10b5-1 plan, which means it was part of a pre-set trading arrangement established on August 11, 2025. Such pre-arranged plan sales are common and can reflect pre-planned liquidity needs rather than an insider’s view on the company’s near-term outlook.