Merlin (MRLN) CFO Ryan Carrithers Sells 1,073 Shares

What Happened Ryan Michael Carrithers, Merlin's Chief Financial Officer and Treasurer, had 1,073 shares of common stock withheld by the company to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was calculated using a closing price of $2.21 per share for a total value of $2,371. This was a tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date: 2026-09-16 (Period of Report); Form filed: 2026-09-18
• Transaction type/code: Tax withholding on RSU vesting (code F) — 1,073 shares withheld
• Price used: $2.21 per share (closing price on vesting date; used only to determine shares withheld)
• Reported value: $2,371
• Shares owned after transaction: Not disclosed in this filing
• Footnote: Shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations on RSU vesting (see footnote F1)
• Filing timeliness: Report filed two days after the vesting date; not indicated as late

Context This is a routine tax-withholding disposition tied to RSU vesting, not a market sale or purchase. Such withholdings are common and typically reflect tax obligations rather than insider sentiment about the stock. The reported $2,371 value is relatively small and should be interpreted as administrative tax withholding, not a directional trade.