MarketWise (MKTW) director Van D. Simmons receives 7,525-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MARKETWISE, INC. director Van D. Simmons reported an acquisition of 7,525 shares of Class A Common Stock in the form of restricted stock units granted at no cash cost. After this award, he directly holds 25,685 shares. The RSUs will vest on the earlier of the day immediately preceding the 2027 Annual Meeting of Shareholders or June 4, 2027, as long as he continues serving on the board through that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SIMMONS VAN D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,525 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 25,685 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU award size: 7,525 shares
Award price per share: $0.00 per share
Holdings after award: 25,685 shares
+1 more
4 metrics
RSU award size
7,525 shares
Restricted stock unit grant on June 4, 2026
Award price per share
$0.00 per share
Equity compensation, not open-market purchase
Holdings after award
25,685 shares
Total Class A Common Stock directly held after transaction
Vesting date latest
June 4, 2027
Latest possible vesting date for RSUs, subject to service
Key Terms
restricted stock units, Annual Meeting of Shareholders, Form 4, Class A Common Stock
4 terms
restricted stock units financial
"Represents an award of restricted stock units which will vest on the earlier of"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did MARKETWISE (MKTW) director Van D. Simmons report?
Director Van D. Simmons reported receiving 7,525 Class A Common Stock shares as a restricted stock unit award. The grant was recorded at a price of $0.00 per share, reflecting equity compensation rather than an open-market purchase or sale.
When do Van D. Simmons’s new MARKETWISE (MKTW) restricted stock units vest?
The restricted stock units vest on the earlier of the day immediately preceding the 2027 Annual Meeting of Shareholders or June 4, 2027. Vesting is contingent on Simmons continuing to serve on MARKETWISE’s board through the applicable vesting date.
Does this MARKETWISE (MKTW) Form 4 indicate an open-market buy or sell by Van D. Simmons?
The filing does not show an open-market buy or sell. It reports a grant classified as a “Grant, award, or other acquisition” of 7,525 restricted stock units, reflecting stock-based compensation rather than trading activity.