Edgett Sean 4
Research Summary
AI-generated summary
Match Group (MTCH) Chief Legal Officer Sean Edgett Receives 424-Share Award
What Happened
- Sean Edgett, Chief Legal Officer and Secretary of Match Group (MTCH), was granted/received a total of 424 shares (286 + 138) on 2026-01-21. Each tranche is recorded at $0.00 per share (derivative awards), reflecting conversion of accrued dividend equivalents into common stock rather than a cash purchase. Total reported acquisition value: $0.
Key Details
- Transaction date: 2026-01-21; Filing date (Form 4): 2026-01-23 (filed within the typical 2-business-day window).
- Transaction code: A (grant/award or other acquisition of derivative securities).
- Price per share: $0.00; Total shares acquired: 424.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes / vesting notes:
- Dividend equivalents convert into common stock on a one-for-one basis (F1).
- Some dividend equivalents relate to RSUs vesting in three equal installments on Oct 1 of 2025, 2026 and 2027, vesting pro rata with the RSUs (F2).
- Other dividend equivalents relate to RSUs vesting 1/3 on Mar 1, 2026 and then 1/12 every three months thereafter, vesting pro rata (F3).
Context
- These were not open-market purchases or sales but dividend-equivalent shares issued in connection with existing restricted stock units (derivative awards). Such transactions generally reflect compensation/vesting mechanics rather than a direct insider buy or sell decision and do not by themselves signal a bullish or bearish view.