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Match Group, Inc.·4

Jun 18, 5:06 PM ET

CAVENS DARRELL 4

Research Summary

AI-generated summary

Updated

Match Group (MTCH) Director Darrell Cavens Converts Units and Receives RSUs

What Happened

  • Darrell Cavens, a director of Match Group, converted/exercised derivative awards and received vested restricted stock units (RSUs) on June 16, 2026. Reported transactions: conversion/exercise of 8,250 and 194 share units (M) and an award/grant acquisition of 6,845 RSUs (A). The reported price for the conversions and RSU award is $0.00 (no cash paid or proceeds reported).
  • The filings also show the converted derivative entries recorded as “disposed” at $0.00 (this reflects internal conversion/settlement of derivative/share units rather than an open‑market sale). The RSUs vested per the plan terms tied to the Annual Stockholder Meeting.

Key Details

  • Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (timely).
  • Reported actions: Exercise/conversion (M) of 8,250 and 194 share units; Award/grant (A) of 6,845 RSUs. Prices reported: $0.00 for the disposed/conversion and for the RSU award; two acquisitions listed with price N/A reflecting conversion from units.
  • Shares owned after transaction: 8,444 shares of common stock plus 1,909 share units under the 2020 Deferred Compensation Plan (per footnote totals).
  • Notable footnotes: RSUs and dividend equivalents convert one-for-one to common stock (F1, F3). The RSUs that vested did so on the earlier of June 18, 2026 and June 16, 2026 (the Annual Stockholder Meeting date) (F5, F6). Some holdings include deferred compensation share units (F2, F4).
  • No open‑market sales or cash proceeds were reported; these were vesting/conversion events, not a typical sale (no 10b5-1, tax withholding, or late-filing flag disclosed).

Context

  • For retail investors: this filing documents internal conversions and RSU vesting for a non-employee director — these are compensation/plan-driven events, not purchases or market sells signaling immediate trading intent.
  • The $0.00 entries indicate internal settlement/transfer of derivative awards into stock rather than a public sale; RSU grants and vested units increase the director’s underlying exposure to the company over time.