Lu James Fu Bin has demonstrated a consistent pattern of selling shares in GRND (Grindr Inc.), with no recorded purchases across 36 transactions totaling over $103.7 million in sales since October 2025. The selling activity has intensified recently, with 25 sales occurring between January and February 2026 alone. Notable transactions include a $6.04 million sale on February 5, 2026, followed by a $4.75 million sale the next day, part of a concentrated divestment that saw over $19 million in GRND shares sold in just the first week of February. Earlier disposals were similarly substantial, including an $8.37 million sale on November 11, 2025, and a $5.12 million transaction three days later.
The transactions reveal a clear directional bias, with no buying activity offsetting the steady liquidation of GRND holdings. Sales have occurred at regular intervals, often in multimillion-dollar increments, suggesting a structured exit strategy rather than sporadic disposals. Smaller transactions, such as a $48,978 sale on December 29, 2025, and a $60,467 sale on November 17, 2025, appear to be minor adjustments within the broader sell-off. The absence of any purchases across the entire dataset indicates a one-sided reduction in exposure to GRND, with the most recent sales in early February 2026 continuing this trend.
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