MarketWise (NASDAQ: MKTW) director receives 8,127 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Turner Matthew Joseph reported acquisition or exercise transactions in this Form 4 filing.
MARKETWISE, INC. director Matthew Joseph Turner reported an award of 8,127 shares of Class A common stock in the form of restricted stock units priced at $0.00 per share. This is a stock-based compensation grant, not an open-market purchase.
The restricted stock units will vest on the earlier of the day immediately preceding the 2027 Annual Meeting of Shareholders or on June 4, 2027, if he continues serving on the Board of Directors through that date. After this grant, he directly holds 23,629 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Matthew Joseph
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,127 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 23,629 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 8,127 shares
Grant price: $0.00 per share
Holdings after transaction: 23,629 shares
+1 more
4 metrics
RSU grant size
8,127 shares
Restricted stock units awarded on June 4, 2026
Grant price
$0.00 per share
Equity compensation, not open-market purchase
Holdings after transaction
23,629 shares
Class A common stock held directly after grant
RSU vesting date
June 4, 2027
Or earlier, immediately before 2027 Annual Meeting
Key Terms
restricted stock units, Annual Meeting of Shareholders, vesting, Board of Directors
4 terms
restricted stock units financial
"Represents an award of restricted stock units which will vest on the earlier of"
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.
vesting financial
"subject to the Reporting Person continuing in service ... through the applicable vesting date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
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.