Rascoff Spencer M 4

What Happened

• Spencer M. Rascoff, CEO of Match Group, was granted a total of 6,908 shares on January 21, 2026, reported as two derivative awards: 1,337 shares and 5,571 shares. The reported acquisition price for both grants is $0, reflecting that these are dividend-equivalent shares converted into common stock (not an open‑market purchase). These awards are compensation-related (not sales) and are subject to vesting conditions described below.

Key Details

• Transaction date: 2026-01-21; Form 4 filed 2026-01-23 (timely filing).
• Shares granted: 1,337 shares (first grant) and 5,571 shares (second grant) — total 6,908 shares.
• Price reported: $0.00 per share (derivative awards/dividend equivalents).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • F1: Dividend equivalents convert into common stock on a one-for-one basis.
  • F2: The 1,337-share dividend equivalents relate to restricted stock units (RSUs) that vest 1/3 on March 1, 2026 and then 1/12 every three months thereafter, subject to continued service; dividend equivalents vest proportionately.
  • F3: The 5,571-share dividend equivalents relate to performance-based restricted stock units (PSUs) that vest only if certain stock-price performance targets are met over an approximately one-year performance period beginning Feb 5, 2027 (with special provisions on certain terminations); dividend equivalents vest proportionately with the PSUs.

Context

• These transactions are awards/derivative acquisitions (code A) tied to dividend equivalents on RSUs and PSUs and should be viewed as compensation, not an outright purchase or sale. Such grants are common for executive pay and do not by themselves indicate a buying or selling signal for the insider. The PSUs carry performance and service conditions, so a material portion of these shares may not ultimately vest unless targets/service requirements are met.