Bailey Steven Richard Jr. 4
Research Summary
AI-generated summary
Match Group (MTCH) CFO Steven Bailey Receives Stock Awards
What Happened
Steven R. Bailey Jr., Chief Financial Officer of Match Group (MTCH), received three award-based acquisitions (derivative conversions) on April 21, 2026: 41 shares, 210 shares and 447 shares, for a total of 698 shares. Each line is reported at $0.00 (these were conversions of dividend equivalents into common stock, not open-market purchases).
Key Details
- Transaction date: 2026-04-21; Form 4 filed: 2026-04-23 (timely filing).
- Instrument / code: A (award/grant or other acquisition); reported price per share: $0.00.
- Total shares acquired: 698 (41 + 210 + 447); total reported cash value: $0.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Relevant footnotes:
- F1: Dividend equivalents convert into common stock one-for-one.
- F2–F4: These dividend equivalents are tied to restricted stock units (RSUs) with staged vesting schedules (one set vested 1/3 on Mar 1, 2025 then 1/12 quarterly; another vested 1/3 on Mar 1, 2026 then 1/12 quarterly; another vests 1/12 quarterly beginning Jun 1, 2026).
- Filing appears timely (within typical two-business-day Form 4 window).
Context
These entries reflect the conversion of accrued dividend equivalents into shares that vest per the RSU schedules—routine compensation/settlement activity—rather than an outright market purchase or sale. Such dividend-equivalent conversions are common and do not necessarily signal a change in insider sentiment about the stock.