Bailey Stephen 4
Research Summary
AI-generated summary
Match Group (MTCH) Director Stephen Bailey Receives RSU Award
What Happened
- Stephen Bailey, a director of Match Group, had restricted stock units and associated dividend equivalents vest/convert on June 16, 2026. The filing shows gross conversion/exercise of 15,289 derivative shares (8,250 + 194 + 6,845), with 8,444 shares (8,250 + 194) surrendered/withheld (disposed) to cover tax obligations and a net acquisition of 6,845 shares. All relevant entries show $0 per share (these were awards/conversions, not open-market purchases or sales).
Key Details
- Transaction date: June 16, 2026; Form 4 filed: June 18, 2026 (timely).
- Activity recorded: conversion/exercise of derivatives and an award/grant (codes M and A); amounts shown at $0.00 (award/vesting and share-withholding for taxes).
- Shares: Gross converted/exercised = 15,289 shares; shares withheld/disposed for taxes = 8,444 shares; net shares delivered to insider = 6,845 shares.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note:
- F1/F2: RSUs and dividend equivalents convert 1:1 to common stock.
- F3/F4: These RSUs and dividend equivalents vested on the earlier of June 18, 2026 and the June 16, 2026 Annual Meeting date.
- F5: Some RSUs vest on the earlier of June 16, 2027 and the next Annual Meeting, subject to continued service.
Context
- This was vesting and tax-withholding activity (not an open-market sale or purchase). The surrendered/disposed shares represent shares withheld to satisfy tax obligations, a common practice when RSUs vest. No cash proceeds or market trades are indicated in this filing.