Edgett Sean 4

What Happened
Sean Edgett, Chief Legal Officer and Secretary of Match Group (MTCH), had restricted stock units and related dividend equivalents convert into common shares on June 1, 2026. A total of 10,311 shares were issued on conversion (1,845 + 55 + 8,365 + 46). To satisfy tax withholding, 5,247 of those shares were withheld/sold at $36.13 per share, generating proceeds of $189,574 (two withholdings: 967 shares for $34,938 and 4,280 shares for $154,636). The conversions show $0 exercise price because these were RSU/dividend-equivalent conversions rather than option purchases.

Key Details

• Transaction date: June 1, 2026; Filing date: June 3, 2026 (timely Form 4 filing).
• Converted shares: 10,311 total (from RSUs/dividend equivalents: 1,845; 55; 8,365; 46).
• Shares withheld/sold for taxes: 5,247 shares at $36.13 each; total value withheld/sold = $189,574.
• Transaction codes: M = conversion/exercise of derivative (RSU/dividend-equivalent conversion), F = payment of tax liability via share withholding/sale.
• Footnotes: RSUs and dividend equivalents convert 1:1; vesting schedules noted in filing (some tranches vested March 1, 2026 and others vest quarterly starting June 1, 2026).
• Shares owned after the transaction: not specified in the provided summary.

Context
This was not an open-market investment decision but routine RSU vesting and tax-withholding: RSUs/dividend equivalents converted into shares (no cash exercise) and a portion of those shares were surrendered/withheld to cover tax obligations. Such transactions are commonly administrative and do not necessarily indicate a change in the insider’s market view.