Merlin (MRLN) CLO & Secretary Ravestein Withholds 1,101 Shares for Taxes

What Happened Ravestein Leslie Renee, Chief Legal Officer and Secretary of Merlin, Inc. (MRLN), had 1,101 shares withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. The transaction is reported as code F (payment of tax liability), at a reported price of $2.21 per share, for a total value of $2,433. This was a withholding to cover taxes on vested RSUs—not an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-16; Filing date: 2026-09-18 (no late filing indicated).
• Transaction code: F (payment of exercise price or tax liability via share withholding).
• Shares withheld: 1,101 at $2.21 per share; reported aggregate value $2,433.
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Issuer withheld shares to satisfy the Reporting Person's tax withholding on RSU vesting; the $2.21 price is the closing stock price used solely to calculate shares withheld.

Context This was a routine tax-withholding transaction tied to RSU vesting (cashless share retention) and does not represent a discretionary sale or purchase in the open market. Such withholdings are common and reflect tax obligations rather than a signal of insider sentiment.