Eigenmann Philip D 4
Research Summary
AI-generated summary
Match Group (MTCH) CAO Philip Eigenmann Receives 24,092-Share RSU Award
What Happened
- Philip D. Eigenmann, Chief Accounting Officer of Match Group (MTCH), recorded RSU conversions/awards on March 1, 2026. The filing shows a grant/award (A) of 24,092 shares (derivative/RSU-based) and multiple conversions/exercises (M) totaling 9,820 shares.
- To satisfy tax withholding (F), 3,553 shares were withheld at $31.60 per share for a cash value of $112,275. Several M-line entries are recorded at $0.00 (derivative) reflecting conversion/settlement mechanics rather than a cash sale.
- This activity is compensation-related (RSU vesting/conversion) rather than an open-market purchase or voluntary sale.
Key Details
- Transaction date: March 1, 2026; Form filed March 3, 2026 (timely; Form 4 is typically due within two business days).
- Tax withholding: 3,553 shares withheld at $31.60/share = $112,275.
- Shares shown acquired: 24,092 (grant/award) plus conversion entries totaling 9,820 (per filing lines); some conversion entries also recorded as $0 dispositions consistent with RSU-to-stock settlements.
- Shares owned after the transaction: not specified in the provided excerpt.
- Transaction codes: M = exercise/conversion of derivative (RSU), F = payment of exercise price/tax withholding, A = grant/award.
- Relevant footnotes: RSUs and dividend equivalents convert on a one-for-one basis; vesting schedules noted (vest 1/3 on March 1 of 2024/2025/2026 and then monthly/quarterly vesting as indicated in footnotes F3–F8).
Context
- This is a routine compensation event (RSU vesting/conversion). The withholding of shares to cover taxes is a common, administrative cashless/net settlement and should not be read as a directional buy or sell signal.
- For clarity, derivative/exercise (M) entries here reflect conversion of RSUs into common shares; F entries reflect the company withholding shares to cover tax obligations.