Schiffman Glenn 4
Research Summary
AI-generated summary
Match Group (MTCH) Director Glenn Schiffman Receives Award
What Happened
- Glenn Schiffman, a director of Match Group, received awards on April 21, 2026: 36 shares of common stock at $35.93 each (total value ~$1,293) and 46 derivative share units recorded at $0.00. These grants were credited under the 2020 Match Group, Inc. Deferred Compensation Plan for Non-Employee Directors in connection with the April 21, 2026 cash dividend. This is an award/dividend-related credit rather than a market purchase or sale.
Key Details
- Transaction date: 2026-04-21 (reported on Form 4 filed 2026-04-23; timely filing).
- Shares acquired: 36 common shares @ $35.93 (total ~$1,293); 46 share units (derivative) recorded at $0.00.
- Holdings after transaction (per filing): 37,933 common shares and 6,563 deferred share units (rounded).
- Footnotes: awards represent dividend equivalents/share units credited under the deferred compensation plan; dividend equivalents convert into common stock 1-for-1. Dividend equivalents on certain restricted stock units vest the earlier of June 18, 2026 or the next Annual Stockholder Meeting, subject to continued service.
Context
- This is a routine, dividend-related credit to a non-employee director’s deferred compensation account, not an active buy/sell signal. Derivative "share units" reflect plan bookkeeping and may convert into actual shares per plan terms. The small dollar value (~$1.3k) and the filing timing suggest standard dividend handling rather than discretionary insider trading.