Edgett Sean 4
Research Summary
AI-generated summary
Match Group (MTCH) CLO Sean Edgett Receives Award Shares
What Happened
- Sean Edgett, Chief Legal Officer and Corporate Secretary of Match Group (MTCH), was issued three derivative awards on July 21, 2026 totaling 790 shares (244 + 68 + 478). Each award shows an acquisition price of $0.00, meaning these shares were issued as awards/converted dividend equivalents rather than purchased. The reported dollar value of the transaction is $0 on the Form 4.
Key Details
- Transaction date: 2026-07-21; Form 4 filed 2026-07-23 (timely per standard two-business-day rule).
- Grants reported: 244 shares, 68 shares, and 478 shares (total 790 shares); price per share reported as $0.00 (derivative/award).
- Shares owned after transaction: not disclosed in this filing.
- Footnotes: F1–F4 indicate these are dividend equivalents that convert one-for-one into common stock and vest according to previously disclosed RSU schedules (see F2–F4 for vesting cadence details).
- Filing timeliness: Filing appears timely; no late filing flag noted.
Context
- These transactions are awards/derivative conversions (dividend equivalents on restricted stock units), not open-market purchases or sales. Such awards typically reflect compensation arrangements and vesting schedules rather than a direct insider bullish/bearish market signal.
- The footnotes show the converted dividend equivalents vest over time (various installment schedules), so some underlying RSUs remain subject to future vesting and service conditions.