Brenner Melissa Anne 4
Research Summary
AI-generated summary
Match Group (MTCH) Director Melissa Brenner Exercises RSUs, Receives Award
What Happened
Melissa Brenner, a director of Match Group, had equity awards vest/convert on June 16, 2026. The filing shows conversions/exercises of derivative awards totaling 8,250 and 194 shares (reported as acquired and immediately disposed at $0.00), and a separate grant/award reported as the acquisition of 6,845 shares at $0.00. The net result reported in this filing is an increase of 6,845 common shares attributable to award vesting/conversion rather than an open-market purchase or sale.
Key Details
- Transaction date: June 16, 2026; Form filed June 18, 2026.
- Reported transactions:
- Conversion/exercise entries (code M): 8,250 shares and 194 shares acquired; same amounts disposed at $0.00.
- Grant/award entry (code A): 6,845 shares acquired at $0.00.
- Prices/values: All entries show $0.00 per share (these reflect vesting/conversion of awards, not cash trades).
- Footnotes of note:
- F1/F2: Restricted stock units (RSUs) and dividend equivalents convert one-for-one into common stock.
- F3/F4: The converted RSUs and dividend equivalents vested on the earlier of June 18, 2026 and the June 16, 2026 Annual Meeting date.
- F5: Other RSUs noted will vest on the earlier of June 16, 2027 or the next Annual Meeting, subject to service.
- Shares owned after the transaction: not provided in the supplied data.
- Filing timeliness: Form was filed two days after the transaction date (June 18 vs. June 16), consistent with the standard two-business-day reporting window.
Context
- These entries reflect award vesting/conversion of RSUs and dividend equivalents rather than open-market buying or selling. Disposals reported at $0.00 are commonly associated with share withholding or internal settlement related to vesting/tax obligations (not cash sales).
- For retail investors: vesting of RSUs increases insider-held shares but does not necessarily signal a market buy; purchases on the open market are typically more directly interpreted as a bullish signal.