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Grindr(GRND.US) 10% Shareholder Sells US$10.34 Million in Common Stock

moomoo News ·  May 15 23:21

$Grindr (GRND.US)$ 10% Shareholder Lu James Fu Bin sold 1.03 million shares of common stock on May 13, 14, 15, 2024 at an average price of $10.0019 for a total value of $10.34 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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