Grindr (GRND) CLO Zachary Katz Sells 10,172 Shares

What Happened
Zachary Katz, Grindr Inc.'s Chief Legal Officer and Head of Global Affairs, sold 10,172 shares on 2026-06-17 in an open-market transaction. The weighted-average sale price was $13.29, generating proceeds of approximately $135,186. This was a sale (not a purchase), and Katz used a pre-established trading plan to execute the transactions.

Key Details

• Transaction date: 2026-06-17; Form 4 filed: 2026-06-22 (appears to be filed five days after the trade; later than the standard 2-business-day Form 4 deadline).
• Shares sold: 10,172; weighted-average price: $13.29; total proceeds: ~$135,186.
• Price range: individual trades executed between $13.06 and $13.47. Reporting person can provide a breakdown of shares sold at each price on request (footnote).
• Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted March 18, 2026 (pre-arranged trading plan).
• Shares owned after the transaction: not disclosed in the information provided.

Context
Sales under a Rule 10b5-1 plan are pre-planned and commonly viewed as routine liquidity or portfolio-management activity rather than a direct signal of the insider’s view on the company. For retail investors, purchases typically carry more direct informational weight than routine sales; this filing documents a planned, executed sale under an established plan.