MarketWise director granted 8,127 restricted stock units
Tongue Glenn H reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Tongue Glenn H reported acquisition or exercise transactions in this Form 4 filing.
MarketWise, Inc. director Glenn H. Tongue reported an equity compensation award rather than an open-market trade. He received 8,127 shares of Class A common stock in the form of restricted stock units at $0.00 per share.
These restricted stock units will vest on the earlier of the day immediately preceding the 2027 annual meeting of shareholders or June 4, 2027, if he continues serving on the board through that date. Following the award, he directly owns 28,234 shares of Class A common stock and indirectly holds 1,201 shares through Deerhaven Fund LP.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,127 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
restricted stock units financial
Class A Common Stock financial
vesting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.