Insider Frank Porter Stansberry adds 3,634 MarketWise (MKTW) shares in open-market buys

Rhea-AI Filing Summary

MARKETWISE, INC. director and ten percent owner Frank Porter Stansberry reported open-market purchases of Class A Common Stock. He bought a total of 3,634 shares across three transactions at prices between $16.46 and $16.71 per share. Following these purchases, his direct holdings reported in this filing rose to 335,390 Class A shares.

Insider Trade Summary

Net Buyer: 3,634 shares ($59,959)

Net Buy 3 txns

Insider Stansberry Frank Porter

Role null

Bought 3,634 shs ($60K)

Type	Security	Shares	Price	Value
Purchase	Class A Common Stock	3,523	$16.50	$58K
Purchase	Class A Common Stock	100	$16.46	$2K
Purchase	Class A Common Stock	11	$16.71	$183.81

Holdings After Transaction: Class A Common Stock — 335,290 shares (Direct, null)

Footnotes (1)

Key Figures

Shares purchased: 3,634 shares Purchase price 1: $16.46/share Purchase price 2: $16.50/share +3 more

6 metrics

Shares purchased 3,634 shares Aggregate open-market buys reported in Form 4

Purchase price 1 $16.46/share Open-market purchase of 100 shares on May 18, 2026

Purchase price 2 $16.50/share Open-market purchase of 3,523 shares on May 18, 2026

Purchase price 3 $16.71/share Open-market purchase of 11 shares on May 15, 2026

Post-transaction holdings 335,390 shares Directly owned Class A shares after latest reported trade

Number of buy transactions 3 transactions All reported as open-market purchases of Class A Common Stock

Key Terms

open-market purchase, Class A Common Stock, ten percent owner

3 terms

open-market purchase financial

"transaction_action: "open-market purchase" for each trade"

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.

Class A Common Stock financial

"security_title: "Class A Common Stock" in all transactions"

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 financial

"reporting person flagged as "is_ten_percent_owner": 1"

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)
05/15/2026

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	05/15/2026		P		11	A	$16.71	331,767	D
Class A Common Stock	05/18/2026		P		3,523	A	$16.5	335,290	D
Class A Common Stock	05/18/2026		P		100	A	$16.46	335,390	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:

Remarks:

	/s/ Scott Forney, Attorney-in-Fact	05/19/2026
	** 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 activity did Frank Porter Stansberry report for MKTW?

Frank Porter Stansberry reported open-market purchases of MarketWise Class A Common Stock. He bought 3,634 shares in three transactions, increasing his direct holdings to 335,390 shares according to this Form 4 filing.

How many MarketWise (MKTW) shares did Stansberry buy in this Form 4?

Stansberry purchased 3,634 shares of MarketWise Class A Common Stock. The filing’s transaction summary aggregates three separate open-market purchases on May 15 and May 18, 2026 into this total buy amount.

At what prices did Frank Porter Stansberry buy MKTW shares?

He bought MarketWise Class A shares at $16.46, $16.50, and $16.71 per share. These prices correspond to three open-market purchase transactions reported for May 15 and May 18, 2026.

What are Frank Porter Stansberry’s MarketWise holdings after these transactions?

After these reported purchases, Stansberry directly holds 335,390 shares of MarketWise Class A Common Stock. This figure comes from the “shares owned following transaction” field tied to his latest reported trade.

Is Frank Porter Stansberry considered an insider and major holder of MKTW?

Yes. The Form 4 identifies Stansberry as a director and a ten percent owner of MarketWise, Inc. This dual status classifies him as a key insider with a significant equity position in the company.