Chief Product Officer Sells $1.39M in Company Stock

Grindr's Chief Product Officer, Austin J Balance, reported the sale of a significant block of company stock. The transaction, executed on August 31, 2026, involved 89,638 shares of common stock. These shares were sold at a price of $15.46 each.

This sale was conducted under a pre-arranged 10b5-1 trading plan, which allows company insiders to set up a predetermined schedule for buying or selling shares to avoid accusations of trading on inside information. The filing also indicates that on the same date, Mr. Balance acquired 26,304 shares through the exercise of stock options at a price of $4.20 per share. These options are set to expire on December 7, 2028.

Following these transactions, Mr. Balance's direct holdings in Grindr common stock have been updated. The filing shows he now beneficially owns 850,056 shares of common stock. This figure is down from 939,694 shares held prior to the reported sale, but after accounting for the option exercise. The filing does not disclose the specific purpose for which the shares were sold.