MARKETWISE, INC.·4

Mar 12, 4:36 PM ET

Mickels Erik 4

Research Summary

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MARKETWISE (MKTW) CFO Erik Mickels Sells 10,000 Shares

What Happened

  • Erik Mickels, Chief Financial Officer of Marketwise (MKTW), sold a total of 10,000 shares in two transactions: 3,334 shares on 2026-03-10 and 6,666 shares on 2026-03-11. Proceeds were about $50,677 and $98,190 respectively, for combined proceeds of roughly $148,867. The transactions are reported as open-market/private sales (Code S).

Key Details

  • Transaction dates and prices:
    • 2026-03-10: 3,334 shares at a weighted average price of $15.20 (footnote F1; individual trades ranged $14.96–$15.40).
    • 2026-03-11: 6,666 shares at a weighted average price of $14.73 (footnote F2; individual trades ranged $14.63–$14.87).
  • Total shares sold: 10,000; total reported proceeds: ~$148,867.
  • Shares owned after the transactions: not specified in the provided filing excerpt.
  • Filing: Form 4 was filed on 2026-03-12 (within the typical 2-business-day reporting window).
  • Footnotes: F1 and F2 note the Column 4 prices are weighted averages and that the reporting person will provide breakdowns of quantities at each price upon request.

Context

  • These were outright sales (Code S). Sales are common insider transactions and do not, by themselves, indicate the insider’s view of the company; purchases typically carry more direct signaling value. The footnotes provide price ranges for the multiple executions that made up each weighted-average price.