Katz Zachary 4

What Happened
Zachary Katz, Chief Legal Officer and Head of Global Affairs at Grindr Inc. (GRND), sold 10,172 shares in an open-market transaction on July 16, 2026. The reported weighted-average price was $15.95 per share, for total proceeds of approximately $162,243. The filing indicates the sale was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: July 16, 2026. Form filed: July 20, 2026 (period of report July 16, 2026).
• Transaction type/code: Sale (S). Shares sold: 10,172. Weighted-average price: $15.95. Total proceeds: ~$162,243.
• Price range: sales occurred at prices between $15.71 and $16.10 (multiple transactions; weighted average reported).
• Footnote F1: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 18, 2026.
• Footnote F2: The price shown is a weighted average; the reporting person will provide a breakdown of shares sold at each price upon request.
• Shares owned after transaction: Not specified in the information provided.
• Filing timeliness: Form filed four days after the trade; the filing itself does not indicate a late filing status in the provided data.

Context
This was a sale, not a purchase or option exercise. Sales executed under a pre-established 10b5-1 plan are typically scheduled in advance and are common for insiders managing personal tax or diversification needs; such plans reduce the interpretive weight of the sale as a real-time signal of the insider’s view. Retail investors should treat this as routine insider selling unless additional filings or information suggest otherwise.