Jones Ramon 4

What Happened Ramon Jones, a director of MediaAlpha, received a grant of 20,750 restricted stock units (RSUs) on May 5, 2026. The RSUs were reported at $0.00 per unit (transaction code A, award/grant). RSUs are not immediate stock — each unit is a contingent right to one share of Class A common stock that will convert to shares if and when the units vest.

Key Details

• Transaction date: 2026-05-05; filing date: 2026-05-07 (Form 4) — filing appears timely.
• Grant: 20,750 RSUs; reported acquisition price $0.00 (typical for awards).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: RSUs vest on the earlier of (a) the first anniversary of the grant date or (b) the issuer's 2027 Annual Meeting, and are subject to Jones’s continued board service through the applicable vesting date.
• Transaction code: A (award/grant). No 10b5-1 plan, tax-withholding sale, or cashless exercise noted.

Context RSU grants to directors are common as compensation for board service and are different from open-market purchases or sales: they don’t reflect an immediate cash outlay or market sale, and they only become shares if vesting conditions are met. This filing reports the grant of contingent equity rather than a buy or sell transaction.