Insider Buying: Grindr (NYSE:GRND) Director Acquires 150,000 Shares of Stock

Grindr Inc. (NYSE:GRND - Get Free Report) Director George Raymond Zage III bought 150,000 shares of Grindr stock in a transaction dated Friday, November 28th. The stock was acquired at an average price of $12.88 per share, with a total value of $1,932,000.00. Following the acquisition, the director directly owned 7,883,283 shares of the company's stock, valued at approximately $101,536,685.04. This represents a 1.94% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.