Match Group (MTCH) CEO Spencer Rascoff Converts RSUs; Shares Withheld

What Happened

• Spencer M. Rascoff, CEO of Match Group (MTCH), had restricted stock units (RSUs) convert into common shares on September 1, 2026. A total of 31,471 RSUs converted into 31,471 common shares (breakdown: 17,850; 635; 12,849; 137).
• To satisfy tax withholding obligations, 16,014 shares were withheld (two withholdings of 9,406 and 6,608 shares) at $40.65 per share, totaling $382,354 and $268,615 respectively (combined ≈ $650,969). After withholding, Rascoff received a net of 15,457 shares.
• This was a conversion/vesting event (routine award settlement), not an open-market sale or purchase.

Key Details

• Transaction date: September 1, 2026; Form 4 filed September 3, 2026 (appears timely).
• Conversion total: 31,471 shares. Withheld for taxes: 16,014 shares at $40.65/share (total ≈ $650,969). Net shares issued to insider: 15,457.
• Transaction codes: M = exercise/convert derivative (RSU conversion); F = payment of exercise price/tax liability (share withholding).
• Shares owned after the transaction: not reported in the provided filing excerpt.
• Relevant footnotes: F1 (RSUs convert 1:1 into common stock), F2 (includes 400 shares from ESPP on May 15, 2026), F3–F7 (dividend equivalents and vesting schedules for RSUs are noted).

Context

• This appears to be a routine RSU vesting/conversion event where shares were issued and a portion withheld to cover taxes (a common cashless-withhold settlement). The derivative entries listed with $0 reflect the conversion of RSUs into shares rather than a market sale.
• Such conversions are typically administrative/compensation-related and do not by themselves indicate a bullish or bearish signal from the insider.