MARKETWISE, INC.·4

Jun 8, 5:05 PM ET

Tongue Glenn H 4

Research Summary

AI-generated summary

Updated

MARKETWISE (MKTW) Director Glenn H. Tongue Receives Award

What Happened

  • Glenn H. Tongue, a director of MarketWise, Inc. (MKTW), received an award of 8,127 restricted stock units (RSUs) on June 4, 2026. The grant was reported on a Form 4 filed June 8, 2026. The RSUs were granted at $0.00 per share (no immediate purchase price or cash exchanged).

Key Details

  • Transaction date: 2026-06-04; Form 4 filed: 2026-06-08.
  • Transaction type/code: Award/Acquisition (A) — 8,127 RSUs at $0.00, total immediate value reported = $0.
  • Shares owned after transaction: not specified in the information provided in this summary.
  • Vesting footnote: RSUs vest on the earlier of (i) the day before the 2027 Annual Meeting of Shareholders or (ii) June 4, 2027, subject to Tongue continuing service on the board through the applicable vesting date.
  • No indication in the provided data of a 10b5-1 plan, tax-withholding sale, or a late filing flag.

Context

  • These RSUs are a time-vesting equity award tied to continued board service; they are not an open-market purchase or sale and do not represent immediate proceeds or a liquidity event. Awards like this are common as compensation for directors and do not, by themselves, indicate a buy/sell signal.