Grindr (GRND) Director George Raymond Zage III Sells $5M of Stock
Key Points
- Grindr Inc. director George Raymond Zage III sold 350,000 shares at an average price of $14.23 per share on October 16, 2026, bringing in about $4.98 million.
- The transaction was executed under a pre-arranged plan, leaving Zage with 6,777,743 shares remaining in his direct ownership.
- Grindr stock recently traded around $14.06, sitting below its 50-day moving average ahead of its next earnings report on November 5, 2026.
Since the trade, $GRND is up 0.8% to date (from the $14.09 close on Oct 16, 2026).
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Grindr Inc. (NYSE: GRND) director George Raymond Zage III sold 350,000 shares of the company on October 16, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the transaction was carried out at a price of $14.23 per share, resulting in a total value of about $4.98 million. Grindr shares closed at $14.09 on the day of the sale. The trade was pre-arranged under a Rule 10b5-1 trading plan. Following the sale, Zage directly holds 6,777,743 shares of the company, representing a 4.91% reduction in his holdings.
George Raymond Zage III vs. the S&P 500
Hypothetical returns from George Raymond Zage III's disclosed trades, not real profit or advice. How we model this.
Inside George Raymond Zage III's Grindr Trade
The sale by Zage stands out as one of the larger insider transactions for the dating app operator in recent months. The 350,000 shares were priced at $14.23 each. After accounting for this disposal, Zage maintains a substantial direct stake in Grindr valued at millions of dollars based on recent trading levels. Because the trade was executed via a planned schedule, it was set up ahead of time to handle personal portfolio management without violating insider trading rules.
Other Institutional Activity in Grindr Inc.
Large financial firms have also adjusted their positions in the software maker. Citadel Advisors Llc grew its holdings by 2,587,784 shares, ending with 4,452,720 shares worth about $62,605,245. Perry Creek Capital, LP grew its holdings by 70,809 shares, ending with 1,849,924 shares worth about $26,009,932. BWCP, LP grew its holdings by 79,842 shares, ending with 1,645,367 shares worth about $23,133,860. Quinn Opportunity Partners, LLC reduced its holdings by 376,402 shares, ending with 1,482,373 shares worth about $20,842,165. Tikvah Management LLC grew its holdings by 109,051 shares, ending with 1,463,720 shares worth about $20,579,903.
Grindr Inc. Stock Down 0.4%
Grindr shares recently traded around $14.06 as of October 20, 2026. The stock sits about 0.2% below its event-day close and roughly 8.4% under its 50-day moving average of $15.35. Even so, the shares trade above their 200-day moving average of $13.62. The company carries a market capitalization of roughly $2.44 billion.
Recent Earnings
Grindr reported trailing twelve month revenue of $509.8 million alongside basic earnings of $0.47 per share. The company is scheduled to release its next financial results on November 5, 2026.
Insider Buying and Selling at Grindr Inc.
Insider activity at Grindr has included several notable moves this year. CEO George Arison acquired 2.25 million shares on June 19, 2026, following earlier sales of 175,000 shares in June. More recently, Chief Legal Officer Zachary Katz sold 15,227 shares on October 14, 2026, in a planned transaction.
Analysts Set New Price Targets
Wall Street firms maintain a positive outlook on the software developer, highlighted by Morgan Stanley upgrading the stock to 'Overweight' with an $18 price target back on July 1, 2026. Across the analyst community, the stock holds a consensus target mean price of $20.80 based on 5 analyst opinions.
About Grindr Inc.
Grindr Inc. operates a widely used mobile platform tailored for LGBTQ communities globally. The West Hollywood-based company connects users through its social networking application, offering both standard ad-supported features and premium subscription tiers to address social and dating needs worldwide.
Bottom Line
Investors will look toward Grindr's upcoming earnings report on November 5, 2026, for further clarity on user growth and monetization. Future SEC filings will show whether other insiders or major shareholders adjust their positions following Zage's recent sale.
Source: George Raymond Zage III's Form 4 filing on $GRND (Oct 16, 2026). Written by software, not financial advice. How we make alerts