Jones Laura Rachel 4
Research Summary
AI-generated summary
Match Group (MTCH) Director Laura Jones Receives Stock Award
What Happened
- Laura Rachel Jones, a non-employee director of Match Group, received awards on April 21, 2026: 18 shares of common stock at $35.93 each (total value ≈ $647) and 46 share units recorded as derivative awards at $0.00 (dividend-equivalent share units).
- These acquisitions are awards/credits under Match Group’s deferred compensation arrangement for non-employee directors (not open-market purchases or sales).
Key Details
- Transaction date: April 21, 2026; Form 4 filed April 23, 2026 (timely).
- Items reported:
- 18 shares acquired @ $35.93 (total ≈ $647).
- 46 derivative share units acquired @ $0.00 (dividend equivalents).
- Shares owned after the transaction (per filing): includes 7,033 shares of common stock and 3,338 share units accrued under the 2020 Deferred Compensation Plan for Non-Employee Directors (F2).
- Footnotes of note:
- F1: The share units were credited under the 2020 Deferred Compensation Plan in connection with a cash dividend paid April 21, 2026.
- F3: Dividend equivalents convert into common stock on a one-for-one basis.
- F4: Dividend equivalents accrued on certain restricted stock units that vest the earlier of June 18, 2026 or the next Annual Meeting, subject to continued service.
- No indication of late filing; this is a routine director award/dividend credit, not a sale or exercise.
Context
- These entries are award/dividend credits (transaction code A) under a director deferred-compensation plan — common, administrative transactions that reflect dividend accrual and conversion mechanics rather than a market bet.
- The 46 derivative units are not a cash purchase; they represent dividend equivalents that can convert into common shares on a one-for-one basis per the filing.