MAPS General Counsel tax-related sale of 90,979 WM Technology shares
Rhea-AI Filing Summary
WM Technology, Inc. (MAPS) reported a transaction by an officer serving as General Counsel. On 11/18/2025, the reporting person sold 90,979 shares of Class A common stock at a weighted-average price of $0.842 per share, with sale prices ranging from $0.8241 to $0.8503. After this transaction, the reporting person beneficially owned 1,842,862 shares of Class A common stock held directly.
The company states that the shares were sold to cover tax withholding obligations arising from the vesting of restricted stock units, including related brokerage commission fees. The sale is described as a "sell to cover" transaction and is noted as not representing a discretionary trade by the reporting person.
Positive
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Negative
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FAQ
What insider transaction did WM Technology (MAPS) disclose?
The disclosure reports that the General Counsel of WM Technology, Inc. (MAPS) sold 90,979 shares of Class A common stock on 11/18/2025.
What was the purpose of the insider share sale at WM Technology (MAPS)?
The sale was made to cover tax withholding obligations and related brokerage commission fees tied to the vesting of restricted stock units, under a "sell to cover" arrangement.
What price did the WM Technology (MAPS) insider receive for the shares sold?
The transaction used a weighted-average sales price of $0.842 per share. The shares were sold at prices ranging from $0.8241 to $0.8503.
How many WM Technology (MAPS) shares does the insider own after the transaction?
Following the reported sale, the reporting person beneficially owned 1,842,862 shares of WM Technology Class A common stock, held directly.
Does the WM Technology (MAPS) insider sale represent a discretionary trade?
No. The company states that the sale was executed to satisfy tax withholding through a "sell to cover" transaction and does not represent a discretionary trade by the reporting person.
Can investors obtain detailed pricing for the WM Technology (MAPS) insider sale?
Yes. The reporting person has indicated they will provide full information on the number of shares sold at each separate price to the SEC, the issuer, or any security holder upon request.