Match Group, Inc.·4

Jun 18, 5:06 PM ET

MCDANIEL ANN 4

Research Summary

AI-generated summary

Updated

Match Group (MTCH) Director Ann McDaniel Converts RSUs, Receives Award

What Happened

  • Ann McDaniel, a director of Match Group, had derivative securities convert into common shares on June 16, 2026: 8,250 and 194-share conversions (total 8,444 shares) were recorded as exercises/conversions at $0. The filing also shows a grant/award of 6,845 restricted stock units (RSUs) at $0.
  • The conversion/disposition entries are recorded at $0, indicating these were vesting/conversion events (no cash proceeds from a sale). The 6,845 RSUs shown as an award are a grant, not immediately vested shares.

Key Details

  • Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (appears timely within the standard 2-business-day window).
  • Prices/values: conversions and award recorded at $0 (no cash sale or purchase reported).
  • Shares involved: 8,250 + 194 = 8,444 shares converted; 6,845 RSUs granted.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Relevant footnotes:
    • RSUs and dividend equivalents convert into common stock on a 1-for-1 basis (F1, F2).
    • The converted RSUs vested on the earlier of June 18, 2026 or the June 16, 2026 Annual Stockholder Meeting (F3, F4).
    • The 6,845 RSU grant vests on the earlier of June 16, 2027 or the next Annual Stockholder Meeting, subject to continued service (F5).

Context

  • These entries reflect routine compensation/vesting activity (RSU conversions and a new RSU grant), not an open-market buy or sell. The reported disposals at $0 reflect extinguishment/conversion of derivative instruments rather than a market sale generating cash.
  • For retail investors: such insider activity primarily shows compensation being delivered in equity and a future retention incentive; it does not necessarily signal the director’s market sentiment.