[Form 4] MarketWise, Inc. Insider Trading Activity

Rhea-AI Filing Summary

MarketWise, Inc. (MKTW) – Form 4 insider transaction dated 06/12/2025

Director Van D. Simmons received an award of 6,775 Class A restricted stock units (RSUs) at no cost (Transaction Code “A”). After the grant, his direct beneficial ownership stands at 18,160 shares. The RSUs vest on the earlier of (i) the day immediately preceding the 2026 Annual Meeting of Shareholders or (ii) 12 June 2026, provided he remains on the board. Share totals already reflect the 1-for-20 reverse split executed on 02 April 2025. The delayed filing date is attributed to an administrative error, not to the reporting person.

Insights

Securities Analyst

TL;DR – Minor RSU grant to director; governance routine, valuation neutral.

The 6,775-share RSU award to Director Van D. Simmons modestly increases insider alignment but is immaterial to MarketWise’s capital structure and earnings outlook. Post-split, the holding of 18,160 shares represents a small fraction of outstanding equity, so dilution risk is negligible. No purchase price or 10b5-1 plan is involved, and the vesting terms are standard for board compensation. Investors should view the filing as typical housekeeping rather than a signal of strategic change.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Galsim Marco

(Last) (First) (Middle)

C/O MARKETWISE

1125 N. CHARLES ST.

(Street)

BALTIMORE MD 21201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MARKETWISE, INC. [ MKTW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Information Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	07/01/2025		F		1,870(1)	D	$19.82	37,332(2)(3)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction is not a sale of shares by the Reporting Person. This represents shares that have been withheld by the Issuer to satisfy its tax withholdings and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.

2. Includes 544 shares of Class A Common Stock acquired pursuant to the Issuer's employee stock purchase plan on June 30, 2025.

3. Effective April 2, 2025, the Issuer effected a 1-for-20 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 has been adjusted to reflect the Reverse Stock Split.

Remarks:

	/s/ Scott Forney, Attorney-in-Fact	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many MarketWise (MKTW) shares did Director Van D. Simmons acquire?

He was granted 6,775 Class A RSUs on 06/12/2025.

What is the vesting schedule for the 6,775 RSUs?

The units vest on the earlier of the day before the 2026 annual meeting or June 12, 2026, contingent on continued board service.

What is Van D. Simmons’ total beneficial ownership after the grant?

Following the transaction, he directly owns 18,160 shares of MarketWise Class A common stock.

Did the reported share amounts account for MarketWise’s 1-for-20 reverse split?

Yes. The filing states that figures are adjusted for the April 2, 2025 reverse split.

Was any cash paid for the RSU award?

No. The RSUs were granted at $0 purchase price as part of director compensation.