Thompson Patrick Ryan 4

What Happened Patrick Ryan Thompson, Chief Financial Officer and Treasurer of MediaAlpha, had a total of 20,294 shares of Class A Common Stock withheld by the company to satisfy tax withholding obligations related to previously reported restricted stock units (RSUs). The withholdings occurred on 2026-05-15 in four lots at $8.05 per share, resulting in proceeds (value of shares withheld) of $163,367 in the aggregate. These were employer withholding transactions (code F), not open-market sales.

Key Details

• Transaction date: 2026-05-15 (filed 2026-05-19).
• Individual withholding entries:
  • 3,253 shares @ $8.05 = $26,187
  • 2,702 shares @ $8.05 = $21,751
  • 8,087 shares @ $8.05 = $65,100
  • 6,252 shares @ $8.05 = $50,329
• Total shares withheld: 20,294; total value: $163,367.
• Footnote: Shares were automatically withheld by the issuer to cover required tax withholding on RSU settlement (per filing footnote F1).
• Shares owned after the transaction: not specified in the provided excerpt.
• Filing timeliness: Form filed 2026-05-19 for 2026-05-15 transactions; the excerpt does not state whether the filing was marked late.

Context

• These transactions reflect tax withholding on RSU settlement, a routine administrative disposition where the company retains shares to cover taxes. This is different from an insider selling shares on the open market to raise cash or signal a view on the stock.
• For retail investors, such withholdings are common and typically do not convey insider sentiment about the company’s near-term prospects.