Grindr Inc. (GRND) Form SCHEDULE 13D/A — Nov 4, 2026
Grindr's controlling shareholder George Raymond Zage III sold 2,000,000 shares of Grindr common stock between September 16 and November 3, 2026, through open-market transactions under a Rule 10b5-1 trading plan with Morgan Stanley Smith Barney. The sales were executed at weighted average prices declining from $15.62 in September to $12.78-$13.03 by early November, a roughly 18% slide in realized pricing over the selling window. Following the sales, Zage still beneficially owns 93,439,583 shares, or approximately 53.8% of Grindr's 173,820,627 shares outstanding, preserving his controlling position.
Key figures
- Shares Sold
- 2000000
- Big Timber Shares
- 1385507
- Shares Outstanding
- 173820627
- Zage Ownership Shares
- 93439583
- Tiga Ownership Percent
- 49.4%
- Zage Ownership Percent
- 53.8%
- Broker
- Morgan Stanley Smith Barney LLC
- Trading Plan Date
- June 17, 2026
- Weighted Avg Sale Price Range
- $12.78 - $15.62
AI analysis
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