MarketWise (MKTW) director Frank Stansberry adds 10,000 shares in open-market buy

Rhea-AI Filing Summary

MarketWise, Inc. director and ten percent owner Frank Porter Stansberry reported an open-market purchase of 10,000 shares of Class A Common Stock at a weighted average price of $17.88 per share. Following this transaction, he directly owns 365,490 shares. The filing notes the shares were bought in multiple trades between $17.50 and $17.99 per share.

Insider Trade Summary

Net Buyer: 10,000 shares ($178,800)

Net Buy 1 txn

Insider Stansberry Frank Porter

Role null

Bought 10,000 shs ($179K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	10,000	$17.88	$179K

Holdings After Transaction: Class A Common Stock — 365,490 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares purchased: 10,000 shares Weighted average price: $17.88 per share Post-transaction holdings: 365,490 shares +1 more

4 metrics

Shares purchased 10,000 shares Open-market purchase of Class A Common Stock

Weighted average price $17.88 per share Average price across multiple trades on transaction date

Post-transaction holdings 365,490 shares Direct ownership after the 10,000-share purchase

Trade price range $17.50–$17.99 per share Range of individual trade prices for the purchased shares

Key Terms

open-market purchase, weighted average price, Class A Common Stock, ten percent owner, +1 more

5 terms

open-market purchase financial

"transaction_action: "open-market purchase""

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.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

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.

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.

ten percent owner regulatory

"reportingPersons includes a ten percent owner flag"

Securities and Exchange Commission regulatory

"the staff of the Securities and Exchange Commission, upon request"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

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)
05/22/2026

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	05/22/2026		P		10,000	A	$17.88(1)	365,490	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 $17.50 to $17.99, 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	05/26/2026
	** 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 on this Form 4?

MarketWise director Frank Porter Stansberry reported buying 10,000 shares of Class A Common Stock. The transaction was an open-market purchase, indicating he increased his direct ownership stake in the company through regular market trades.

At what price did Frank Porter Stansberry buy MKTW shares?

He reported a weighted average purchase price of $17.88 per share. The footnote explains the 10,000 shares were acquired in multiple trades, with individual prices ranging from $17.50 to $17.99 during the transaction date.

How many MARKETWISE (MKTW) shares does Frank Porter Stansberry own after this trade?

After the reported purchase, he directly owns 365,490 shares of Class A Common Stock. This figure represents his post-transaction holdings as disclosed, showing his total direct position following the 10,000-share open-market acquisition.

What does a weighted average price mean in this MKTW Form 4 filing?

The weighted average price of $17.88 reflects multiple trade executions between $17.50 and $17.99. Instead of listing each trade separately, the filing reports an average price, with a footnote offering to provide full price-by-trade details upon request.

Is the Frank Porter Stansberry MKTW transaction a buy or sell?

The Form 4 shows a buy transaction coded as an open-market purchase. He acquired 10,000 additional shares of MarketWise Class A Common Stock, increasing his direct ownership position according to the post-transaction holdings figure in the filing.

What role does Frank Porter Stansberry hold at MARKETWISE (MKTW)?

He is identified as a director and a ten percent owner of MarketWise, Inc. This status makes his trades reportable on Form 4, providing transparency into significant insider ownership and changes in his directly held Class A Common Stock position.