Schiffman Glenn 4
Research Summary
AI-generated summary
Match Group (MTCH) Director Glenn Schiffman Receives Award
What Happened
- Glenn Schiffman, a director of Match Group, received awards on July 21, 2026: 36 share units valued at $38.75 each (total $1,395) credited under the 2020 Match Group Deferred Compensation Plan for Non-Employee Directors, plus 35 dividend-equivalent share units shown as a derivative acquisition (no cash price). These entries are coded as "A" (award/grant).
Key Details
- Transaction date: July 21, 2026; Form 4 filed July 23, 2026 (timely).
- Awards: 36 shares @ $38.75 = $1,395; 35 derivative share units @ $0 (dividend equivalents).
- Ownership after transaction (reported): 46,377 shares of common stock and 6,993 deferred share units (per footnote).
- Footnotes of note:
- The 36 share units were credited under the 2020 Deferred Compensation Plan in connection with a cash dividend (F1).
- Dividend equivalents convert into common stock on a one-for-one basis (F3).
- The 35 derivative units are dividend equivalents accrued on restricted stock units that vest on the earlier of June 16, 2027 or the next annual meeting, subject to continued service (F4).
- Transaction code: A = Award/Grant. No sale, purchase, or option exercise reported.
Context
- These awards appear to be routine director compensation and dividend-equivalent credits, not an open-market buy or sell. Dividend-equivalent units credited to deferred plans or on RSUs typically reflect dividend payments and vesting rules rather than active trading decisions.