Match Group, Inc.·4

Mar 3, 5:33 PM ET

Bailey Steven Richard Jr. 4

Research Summary

AI-generated summary

Updated

Match Group (MTCH) CFO Steven R. Bailey Exercises/Converts RSUs, Receives Award

What Happened

  • Steven R. Bailey, CFO of Match Group (MTCH), had restricted stock units convert into common stock on March 1, 2026 and was also granted additional RSUs. The filing shows an award/acquisition of 80,308 RSUs and multiple conversions/exercises of derivative awards that resulted in the issuance of common shares (several tranches totaling 22,521 converted shares reported). To cover tax liabilities on the vesting/conversion, 9,021 shares were withheld at $31.60 per share, totaling approximately $285,064 in tax withholding.

Key Details

  • Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (no indication of a late filing).
  • Award/Grant: 80,308 RSUs granted/converted (code A / acquired).
  • Conversions/exercises (code M): multiple RSU tranches converted into common stock (examples shown: 384, 1,373, 1,791, 54, 18,467, 452 shares).
  • Tax withholding (code F): 152, 541, 727 and 7,601 shares withheld at $31.60 each — 9,021 shares total — totaling ~$285,064.
  • Price reported for withholding/settlement: $31.60/share. Some derivative conversion lines show $0.00 because no cash sale occurred on conversion.
  • Shares owned after the transactions: not specified in the provided filing details.
  • Relevant footnotes: RSUs convert one-for-one to common stock (F1); multiple vesting schedules apply (F3–F9) and dividend equivalents vest proportionately (F2, F6, F8). Withholding appears to be routine tax withholding rather than an open-market sale.

Context

  • These transactions appear to be routine RSU vesting/conversion with shares withheld to satisfy tax obligations (standard practice). This is not an open-market sale signaling directional insider trading; rather, it reflects compensation vesting and tax withholding.