MarketWise (MKTW) director Stansberry buys 20,100 company shares

Rhea-AI Filing Summary

MarketWise, Inc. director and 10% owner Frank Porter Stansberry made an open-market purchase of 20,100 shares of Class A Common Stock. The shares were bought at a weighted average price of $17.21 per share, in multiple trades between $16.77 and $17.49. Following this transaction, he directly owns 355,490 shares of MarketWise Class A Common Stock.

Insider Trade Summary

Net Buyer: 20,100 shares ($345,921)

Net Buy 1 txn

Insider Stansberry Frank Porter

Role null

Bought 20,100 shs ($346K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	20,100	$17.21	$346K

Holdings After Transaction: Class A Common Stock — 355,490 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares purchased: 20,100 shares Weighted average purchase price: $17.21 per share Post-transaction holdings: 355,490 shares +2 more

5 metrics

Shares purchased 20,100 shares Open-market buy of Class A Common Stock

Weighted average purchase price $17.21 per share Average price across multiple trades

Post-transaction holdings 355,490 shares Direct ownership after the purchase

Trade price range low $16.77 per share Lowest price in reported trade range

Trade price range high $17.49 per share Highest price in reported trade range

Key Terms

open-market purchase, Class A Common Stock, weighted average price, Form 4

4 terms

open-market purchase financial

"The shares were bought in an open-market purchase of 20,100 shares"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

Class A Common Stock financial

"made an open-market purchase of 20,100 shares of 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.

weighted average price financial

"The shares were bought at a weighted average price of $17.21"

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

Form 4 regulatory

"After the reported purchase, Frank Porter Stansberry directly owns 355,490 shares disclosed in the Form 4 filing"

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.

Form 4 Insider Transactions: What Each Field Means →

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^*

Stansberry Frank Porter

(Last) (First) (Middle)

C/O MARKETWISE

1125 N. CHARLES ST.

(Street)

BALTIMORE MARYLAND 21201

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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

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

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

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	05/20/2026		P		20,100	A	$17.21(1)	355,490	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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $16.77 to $17.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Remarks:

	/s/ Scott Forney, Attorney-in-Fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MarketWise (MKTW) report for Frank Porter Stansberry?

MarketWise reported that director and 10% owner Frank Porter Stansberry bought 20,100 shares of Class A Common Stock. The purchase was an open-market transaction at a weighted average price of $17.21 per share, increasing his direct holdings to 355,490 shares.

At what price did Frank Porter Stansberry buy MarketWise (MKTW) shares?

He bought MarketWise Class A Common Stock at a weighted average price of $17.21 per share. The filing notes multiple trades executed within a price range from $16.77 to $17.49, all on the same transaction date reported in the Form 4.

How many MarketWise (MKTW) shares does Frank Porter Stansberry own after this Form 4?

After the reported purchase, Frank Porter Stansberry directly owns 355,490 shares of MarketWise Class A Common Stock. This figure reflects his position following the acquisition of 20,100 shares in open-market transactions disclosed in the Form 4 filing.

What type of transaction was reported in the MarketWise (MKTW) Form 4?

The Form 4 reports an open-market purchase of non-derivative securities, specifically Class A Common Stock. The transaction is coded “P,” indicating a purchase in the open market or a private transaction, rather than an option exercise, gift, or tax-related disposition.

Does the MarketWise (MKTW) Form 4 disclose any derivative securities for Frank Porter Stansberry?

The filing’s derivative summary is empty, indicating no derivative transactions were reported in this Form 4. The only activity disclosed is the open-market purchase of 20,100 shares of Class A Common Stock, with updated direct share ownership of 355,490 shares.