Mickels Erik 4

What Happened

• Erik Mickels, Chief Financial Officer of MarketWise, received an award of 43,911 restricted stock units (RSUs) on March 13, 2026 (grant reported as A, $0.00 per share).
• On the same date, 5,284 shares were withheld by the company at an effective price of $14.15 per share (reported as F) to satisfy tax withholding obligations related to the vesting/net settlement of previously reported RSUs (cash value ≈ $74,769). This withholding is not a market sale.

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within required period).
• Grant: 43,911 RSUs (reported as acquisition at $0.00).
• Tax withholding/net settlement: 5,284 shares withheld @ $14.15 (value ≈ $74,769). Transaction code F indicates shares were withheld to cover taxes, not an open-market sale.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — the 43,911 RSUs vest in four equal annual installments beginning March 15, 2027. F2 — the 5,284-share entry represents shares withheld by the issuer for tax remittance; not a sale by the reporting person.

Context

• RSU grants are compensation, not immediate purchases; they vest over time (here annually over four years), so they don’t necessarily signal an immediate bullish purchase.
• Withholding shares to cover taxes is a routine administrative step and should not be interpreted as an insider selling to take profits.