MarketWise (MKTW) director Frank Stansberry awarded 7,525 restricted stock units

Rhea-AI Filing Summary

Stansberry Frank Porter reported acquisition or exercise transactions in this Form 4 filing.

MARKETWISE, INC. director and 10% owner Frank Porter Stansberry reported receiving an award of 7,525 restricted stock units tied to Class A common stock. These units vest on the earlier of the day immediately before the 2027 Annual Meeting of Shareholders or June 4, 2027, if he continues serving on the Board. Following this compensation-related award, his reported direct holdings total 373,015 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Stansberry Frank Porter

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	7,525	$0.00	--

Holdings After Transaction: Class A Common Stock — 373,015 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 7,525 units Post-transaction holdings: 373,015 shares Grant price: $0.0000 per share +2 more

5 metrics

RSUs granted 7,525 units Restricted stock units awarded on June 4, 2026

Post-transaction holdings 373,015 shares Class A common stock held directly after grant

Grant price $0.0000 per share Stated transaction price for the RSU award

Vesting latest date June 4, 2027 Latest possible vesting date for the RSUs

Annual meeting reference 2027 Annual Meeting Alternative vesting trigger, day before meeting date

Key Terms

restricted stock units, Annual Meeting of Shareholders, Board of Directors, Class A Common Stock

4 terms

restricted stock units financial

"Represents an award of restricted stock units which will vest on the earlier of (i) the day immediately preceding the date of the 2027 Annual Meeting..."

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.

Annual Meeting of Shareholders regulatory

"the 2027 Annual Meeting of Shareholders and (ii) June 4, 2027, subject to the Reporting Person continuing in service..."

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Board of Directors regulatory

"subject to the Reporting Person continuing in service on the Issuer's Board of Directors through the applicable vesting date."

The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.

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.

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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)
06/04/2026

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	06/04/2026		A		7,525(1)	A	$0	373,015	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. Represents an award of restricted stock units which will vest on the earlier of (i) the day immediately preceding the date of the 2027 Annual Meeting of Shareholders and (ii) June 4, 2027, subject to the Reporting Person continuing in service on the Issuer's Board of Directors through the applicable vesting date.

Remarks:

	/s/ Scott Forney, Attorney-in-Fact	06/08/2026
	** 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 received 7,525 restricted stock units. The award is a compensation grant of Class A common stock units, not an open-market purchase or sale, and increases his reported direct holdings to 373,015 shares.

How many MARKETWISE (MKTW) shares does Frank Porter Stansberry hold after this Form 4?

After the reported award, Frank Porter Stansberry holds 373,015 shares of Class A common stock directly. This figure includes the effect of the 7,525 restricted stock units granted as compensation, as disclosed in the Form 4 filing for the June 4, 2026 transaction.

When do the new MARKETWISE (MKTW) restricted stock units for Frank Porter Stansberry vest?

The 7,525 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 Stansberry continuing in service on MARKETWISE’s Board of Directors through the applicable vesting date.

Was there any purchase or sale of MARKETWISE (MKTW) shares in this Form 4?

No open-market purchase or sale occurred; the Form 4 reports an acquisition coded "A" as a grant or award. Stansberry received 7,525 restricted stock units at a stated price of $0.0000 per share, reflecting equity compensation rather than trading activity.

What type of security was granted to Frank Porter Stansberry by MARKETWISE (MKTW)?

He received an award of restricted stock units referencing Class A common stock. These units will convert into shares upon vesting, provided he remains on the Board, with vesting scheduled by the earlier of the 2027 Annual Meeting-related date or June 4, 2027.