Zachary Katz, Grindr’s global affairs head, quietly cashed out over 10,000 shares for $160K — but don’t panic: it’s part of a pre-approved insider trading plan, not a red flag. Grindr’s still thriving financially, raking in $476M in revenue and $94M net profit, with a $2.7B market cap. Sure, its stock’s down 26% year-to-date, but Katz’s sale price was just slightly above the day’s close — a routine move that says more about disciplined finance than impending doom.
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