MarketWise (MKTW) director receives 7,525 restricted stock units in equity grant
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
RSU award size: 7,525 shares
Holdings after grant: 22,485 shares
RSU grant price: $0.0000 per share
+1 more
4 metrics
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
Key Terms
restricted stock units, Annual Meeting of Shareholders, Board of Directors, grant, award, or other acquisition
4 terms
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.
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""
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.
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.