STOCK TITAN

MarketWise (MKTW) director receives 7,525 restricted stock units in equity grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MARKETWISE, INC. director Matthew Tate Smith reported an acquisition of 7,525 shares of Class A Common Stock through a restricted stock unit award. These RSUs vest on the earlier of the day before the 2027 Annual Meeting of Shareholders or June 4, 2027, if he remains on the board. Following this grant, he holds 22,485 shares directly.

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Insider Smith Matthew Tate
Role null
Type Security Shares Price Value
Grant/Award Class A Common Stock 7,525 $0.00 --
Holdings After Transaction: Class A Common Stock — 22,485 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU award size 7,525 shares Restricted stock units granted June 4, 2026
Holdings after grant 22,485 shares Direct Class A Common Stock after reported transaction
RSU grant price $0.0000 per share Reported transaction price for the RSU award
RSU vesting date Earlier of day before 2027 meeting or June 4, 2027 Vesting condition tied to 2027 Annual Meeting of Shareholders
restricted stock units financial
"Represents an award of restricted stock units which will vest on the earlier"
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 financial
"the date of the 2027 Annual Meeting of Shareholders and (ii) June 4, 2027"
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 financial
"subject to the Reporting Person continuing in service on the Issuer's Board of Directors"
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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SEC Form 4
FORM 4UNITED 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*
Smith Matthew Tate

(Last)(First)(Middle)
1125 N. CHARLES STREET

(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)
XDirector10% 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)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/04/2026A7,525(1)A$022,485D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact06/08/2026
** Signature of Reporting PersonDate
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) disclose in this Form 4?

MarketWise reported that director Matthew Tate Smith received 7,525 restricted stock units of Class A Common Stock. This is a compensation-related equity award, not an open-market purchase or sale, and increases his directly held position to 22,485 shares after the grant.

How many MarketWise (MKTW) shares did Matthew Tate Smith acquire?

Matthew Tate Smith acquired 7,525 shares in the form of restricted stock units. The award was granted at no cash exercise price and represents additional equity compensation tied to his continued service on the company’s Board of Directors through the vesting date.

When do Matthew Tate Smith’s new MarketWise (MKTW) RSUs 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 requires Matthew Tate Smith to continue serving on MarketWise’s Board of Directors through the applicable vesting date.

Is the MarketWise (MKTW) Form 4 transaction a market purchase or sale?

The transaction is not a market purchase or sale. It is a grant of 7,525 restricted stock units classified as a “grant, award, or other acquisition,” reflecting equity compensation rather than an open-market trade at a stated share price.

What is Matthew Tate Smith’s MarketWise (MKTW) share ownership after the RSU grant?

After the restricted stock unit grant, Matthew Tate Smith directly holds 22,485 shares of MarketWise Class A Common Stock. This figure includes the effect of the new 7,525-share RSU award reported in the Form 4 filing for the June 4, 2026 transaction date.

Does the MarketWise (MKTW) RSU award have a stated price per share?

The reported price per share for the 7,525 restricted stock units is $0.0000, indicating no cash price was paid for the grant. This reflects a typical equity compensation award rather than an open-market purchase at a prevailing trading price.