Grindr Inc.: 10% owner Zage George Raymond III sold 500,000 shares

What happened

• Zage George Raymond III, identified as a 10% owner, sold a total of 500,000 shares of Grindr Inc. common stock in two transactions. He sold 350,000 shares on Oct 16, 2026 at a weighted average price of $14.23 for $4,979,800, and 150,000 shares on Oct 19, 2026 at a weighted average price of $13.87 for $2,080,500.

Key details

• Transaction dates and prices: Oct 16, 2026 — 350,000 shares at a weighted average price of $14.23 ($4,979,800); Oct 19, 2026 — 150,000 shares at a weighted average price of $13.87 ($2,080,500). The filing notes prices ranged from $13.575 to $14.28 across the trades.
• Type of transaction: open market or private sale (code S) reported for both sales.
• Shares owned after the transaction: not reported on the Form 4.
• Relevant footnotes from the filing:
  • The sales were effected pursuant to a Rule 10b5-1 trading plan adopted Jun 17, 2026.
  • The reported prices are weighted averages; the reporting person will provide details of the number of shares sold at each separate price upon request.
  • Some shares are held by Big Timber Holdings, LLC, and Tiga Eighty-Eight Pte. Ltd.; the reporting person disclaims beneficial ownership of those shares except to the extent of his pecuniary interest.
• Filing date: filed Oct 20, 2026; the Form 4 does not indicate it was filed late.

Why it may matter

• The filing shows market sales under a Rule 10b5-1 trading plan.
• The reporting person is a 10% owner, which indicates a large holder rather than an executive role.
• A filing does not show why the insider traded or why the company acted.