Katz Zachary 4

What Happened
Zachary Katz, Chief Legal Officer & Head of Global Affairs at Grindr Inc. (GRND), sold 12,800 shares on July 1, 2026 at $16.28 per share, for total proceeds of $208,384. The transaction is reported as a sale (not a purchase) and therefore is generally considered a disposition rather than an affirmative bullish signal.

Key Details

• Transaction date and price: 2026-07-01, 12,800 shares at $16.28 each (total $208,384).
• Transaction type/code: Sale (S) — described in the filing as an open-market or private sale.
• Footnote: Executed pursuant to a Rule 10b5-1 trading plan adopted March 18, 2026.
• Shares owned after transaction: Not disclosed in the summary data from this Form 4.
• Filing timeliness: Reported on Form 4 filed July 2, 2026 — within the typical two-business-day reporting window (not marked late).

Context
A 10b5-1 plan allows insiders to sell according to pre-set instructions and can indicate the trade was pre-planned rather than a reaction to current company developments. Sales under such plans are common and do not by themselves signal management’s current view of the company’s prospects.