Galsim Marco 4
4 · MARKETWISE, INC. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
MarketWise (MKTW) CIO Marco Withholds 2,288 Shares for Taxes
What Happened
Galsim Marco, Chief Information Officer of MarketWise (MKTW), had 2,288 shares withheld by the issuer to satisfy tax withholding in connection with the vesting and net settlement of previously reported restricted stock units (RSUs). The shares were recorded at $14.15 each for a total value of $32,375. This was not an open-market sale by the reporting person but a company withholding to cover tax obligations (transaction code F).
Key Details
- Transaction date: 2026-03-13
- Form 4 filed: 2026-03-17 (timely; within the SEC’s reporting window)
- Shares withheld/disposed: 2,288 shares at $14.15 — aggregate value $32,375
- Transaction code: F (shares withheld to satisfy tax withholding/net settlement of RSUs)
- Shares owned after transaction: not specified in the provided excerpt of the filing
- Footnotes:
- F1: Clarifies this was not a sale by the reporting person but shares withheld by the issuer to satisfy tax withholdings related to RSU vesting.
- F2: The reported holdings include 411 shares acquired under the company’s employee stock purchase plan on 2025-12-31.
Context
Withholding shares to cover taxes on vested RSUs is a routine administrative action and does not indicate a voluntary open-market sale by the insider. For retail investors, these transactions typically reflect compensation tax mechanics rather than a direct signal of insider sentiment or company outlook.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-03-13$14.15/sh−2,288$32,375→ 32,379 total
Footnotes (2)
- [F1]This transaction is not a sale of shares by the Reporting Person. This represents shares that have been withheld by the Issuer to satisfy its tax withholdings and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.
- [F2]Includes 411 shares of Class A Common Stock acquired pursuant to the Issuer's employee stock purchase plan on December 31, 2025.