Zachary Katz, chief legal officer and head of global affairs at Grindr Inc., sold 10,172 shares of common stock for $161,022 on August 17, 2026, according to a filing. The disposal was executed under a Rule 10b5-1 trading plan adopted on March 18, 2026.
The transaction occurred at a weighted average price of $15.83 per share, with individual prices ranging from $15.44 to $15.96. Following the sale, Katz retains a direct holding of 680,000 shares in the company.
Grindr’s stock has gained roughly 40% over the past six months, trading at $15.69 at the time of reporting. The company’s financial health score is described as "GREAT" with a PEG ratio of 0.14. Second-quarter results showed revenue of $138 million, up 33% year-over-year and ahead of the $132.44 million Wall Street consensus. Adjusted EBITDA for the quarter totaled $58 million.
Grindr also raised its full-year revenue outlook amid the strong performance, though the company did not disclose earnings per share data for the period.
