Jones Laura Rachel 4
Research Summary
AI-generated summary
Match Group (MTCH) Director Laura Rachel Jones Exercises Derivatives, Receives RSUs
What Happened
- Laura Rachel Jones, a director of Match Group (MTCH), had derivative instruments convert into 8,444 shares (8,250 + 194) on June 16, 2026 and shows corresponding dispositions reported at $0 (no cash proceeds). On the same date she received a grant of 6,845 restricted stock units (RSUs) reported at $0.
- Reported prices/proceeds: the conversions/exercises are shown with N/A or $0 prices and $0 total proceeds, indicating these were conversions/settlements rather than open‑market sales. The RSU grant is reported at $0 (standard for equity awards).
Key Details
- Transaction date: June 16, 2026; Form filed June 18, 2026 (timely filing).
- Conversion/exercise: 8,250 shares and 194 shares (code M); proceeds listed as $0.
- Grant/award: 6,845 RSUs (code A) granted, $0 reported.
- Holdings after transactions: filing notes Ms. Jones holds 15,477 common shares plus 3,338 deferred share units under the company’s Deferred Compensation Plan (per footnote).
- Relevant footnotes: RSUs convert one‑for‑one to common stock (F1); dividend equivalents convert to common stock (F3); certain RSUs vested as of June 16/18, 2026 (F5, F6); the new 6,845 RSUs vest later (earlier of June 16, 2027 or next Annual Meeting) subject to service (F7).
Context
- These filings reflect equity conversions and an award, not open‑market purchases or sales. The $0 proceeds typically indicate conversion or net settlement of derivatives/RSUs rather than a cash sale. This is common when RSUs vest or dividend equivalents are converted into shares; such transactions are administrative and do not necessarily indicate a change in the director’s market view.