Grindr's chief legal officer sells $161,022 in company stock

de.investing.com (German)

Grindr's Chief Legal Officer Zachary Katz sold 10,172 shares of company stock on August 17, 2026, totaling $161,022, with prices ranging from $15.44 to $15.96 per share. The sale was executed under a Rule 10b5-1 trading plan established on March 18, 2026. Following the transaction, Katz directly holds 680,000 Grindr shares. The stock has risen 36% over the past six months and currently trades at $15.67. InvestingPro analysis suggests the stock remains undervalued relative to its fair value. Grindr recently reported a 33% year-over-year revenue increase to $138 million for Q2 2026, beating analyst expectations, though concerns remain about missing earnings-per-share data and rising expenses.


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Grindr's chief legal officer sells $161,022 in company stock | News Minimalist