The Vanguard Group filed a Schedule 13G reporting a passive ownership stake in Technology Inc common stock. As of 12/31/2025, Vanguard beneficially owned 5,427,939 shares, representing 5.03% of the outstanding common stock.
Vanguard reported no sole voting or dispositive power over these shares, but shared voting power over 664,853 shares and shared dispositive power over 5,427,939 shares. Vanguard states the securities are held in the ordinary course of business and not for the purpose of changing or influencing control of Technology Inc.
The filing notes an internal realignment at Vanguard effective 01/12/2026, after which certain subsidiaries or business divisions are expected to report beneficial ownership separately while continuing the same investment strategies.
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.
WM Technology, Inc. (MAPS) reported an insider transaction by its Chief Executive Officer, who is also a director and 10% owner, on 11/18/2025. The filing shows a sale of 158,733 shares of Class A common stock at a weighted-average price of $0.8309 per share.
According to the explanation, this sale was made to cover tax withholding obligations tied to the vesting of restricted stock units through a “sell to cover” transaction, and is described as non-discretionary. After the transaction, the reporting person continues to hold a large stake through both Class A common stock and multiple blocks of Class V common stock, including shares held via a trust and several LLCs. The Class V shares carry voting rights but no direct economic rights, and are paired with LLC units that can be exchanged on a one-for-one basis for Class A common stock.
WM Technology (MAPS) reported Q3 2025 results. Revenue was $42.2 million, down from $46.6 million a year ago, as featured and deal listings softened. Operating income was $2.0 million versus $5.2 million. Net income attributable to WM Technology, Inc. was $2.5 million ($0.02 basic and diluted) compared with $3.3 million ($0.03) in Q3 2024.
Cash rose to $62.6 million as of September 30, 2025, from $52.0 million at December 31, 2024. For the nine months, operating cash flow was $23.1 million, supported by lower lease payments and working-capital discipline. Total assets were $192.9 million and total liabilities were $57.6 million, resulting in total stockholders’ equity of $135.4 million.
Revenue mix included Weedmaps for Business and other SaaS solutions of $13.1 million and featured and deal listings of $25.6 million; other ad solutions contributed $3.5 million. Approximately 56% of revenue originated in California. The tax receivable agreement liability decreased to $2.5 million, reflecting the impact of the OBBBA. As of October 31, 2025, Class A shares outstanding were 107,897,133 and Class V were 49,319,542.
WM Technology, Inc. (MAPS) furnished an 8‑K announcing its financial results for the third quarter ended September 30, 2025. The company reported Q3 results via a press release furnished as Exhibit 99.1 under Item 2.02.
The press release is incorporated by reference, and the information is furnished, not filed, under the Exchange Act. The filing also lists MAPS Class A common stock and MAPSW warrants on the Nasdaq Global Select Market.
WM Technology, Inc. reported that board member Olga Gonzalez has decided to resign from its board of directors and all board committees. She notified the company of her decision on August 25, 2025, and her resignation will be effective September 2, 2025. The company states that her decision is not based on any disagreement with WM Technology or on any matter related to its operations, policies, or practices.
Douglas Francis, WM Technology (MAPS) CEO, director and >10% owner, reported a sell-to-cover transaction on 08/18/2025. He sold 156,974 shares of Class A common stock at a weighted-average price of $1.1639 to satisfy tax-withholding for vested restricted stock units and related brokerage fees. After the sale, the filing shows 8,729,539 Class A shares beneficially owned directly and multiple Class V holdings reported both directly and indirectly: 3,740,393 (direct) and indirect holdings of 8,691,425, 8,469,191, 1,468,555, and 600,618 held via a trust and three LLCs controlled by Mr. Francis. The filing is a routine insider disclosure documenting the tax-related sale and continued substantial ownership positions.
Brian Camire, General Counsel of WM Technology, Inc. (MAPS), reported a non-discretionary sale of Class A common stock to satisfy tax withholding on vesting restricted stock units. On 08/18/2025 he sold 90,482 shares at a weighted-average price of $1.1732, with reported per-share sale prices ranging from $1.1501 to $1.1901. After the transaction he beneficially owned 1,933,841 shares. The filing states the sale was a "sell to cover" to satisfy tax withholding and related brokerage fees and was not a discretionary trade by the reporting person.
Technology, Inc. reported that board member Tony Aquila has decided to resign from its board of directors and all board committees. His resignation will be effective on September 2, 2025.
The company stated that Mr. Aquila’s decision was not based on any disagreement regarding its operations, policies, or practices.