Match Group, Inc.·4

Jun 18, 5:06 PM ET

Schiffman Glenn 4

Research Summary

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Updated

Match Group Director Glenn Schiffman Exercises Derivatives, Receives RSUs

What Happened

  • Glenn Schiffman, a member of Match Group’s board of directors, converted/ exercised derivative awards into 8,444 common shares (8,250 + 194) and was granted 6,845 restricted stock units (RSUs) on June 16, 2026. The conversion/exercise entries show $0 proceeds, which reflects a non‑cash conversion of derivative units into shares. The new 6,845 RSUs were awarded as part of board compensation.

Key Details

  • Transaction date: June 16, 2026.
  • Conversions/exercises: 8,444 shares (8,250 + 194) converted/exercised; recorded at $0 (no cash proceeds).
  • Grant: 6,845 RSUs awarded at $0 (standard equity compensation).
  • Shares owned after transaction (per filing footnote): 46,377 shares of common stock and 6,563 deferred share units accrued under the company’s deferred compensation plan.
  • Relevant footnotes:
    • F1/F3: RSUs and dividend equivalents convert one-for-one into common stock.
    • F5/F6: Certain RSUs and related dividend equivalents vested on the earlier of June 18, 2026 and the June 16, 2026 Annual Meeting date.
    • F7: The newly granted RSUs vest on the earlier of June 16, 2027 and the next Annual Meeting, subject to continued service.
  • Filing timing: Reported on Jun 18, 2026 (two days after the transaction date), which is generally timely for Section 16 reporting.

Context

  • This filing reflects routine director compensation activity: vested/converted RSUs and the grant of new RSUs rather than an open‑market buy or sale. The $0 amounts indicate conversion/vesting mechanics (no cash sale). Grants of RSUs are compensation and do not necessarily signal a personal trading view of the stock.