MarketWise (NASDAQ: MKTW) CFO sells 10,000 Class A shares, holds 85,064

Rhea-AI Filing Summary

MARKETWISE, INC. Chief Financial Officer Erik Mickels reported open-market sales of Class A common stock totaling 10,000 shares. He sold 6,666 shares on March 18 at a weighted average price of $14.10 per share and 3,334 shares on March 19 at a weighted average price of $13.83 per share. After these transactions, he directly holds 85,064 shares of Class A common stock.

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

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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^*

Mickels Erik

(Last) (First) (Middle)

C/O MARKETWISE

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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	03/18/2026		S		6,666	D	$14.1(1)	88,398	D
Class A Common Stock	03/19/2026		S		3,334	D	$13.83(2)	85,064	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:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $13.57 to $14.20, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $13.70 to $13.96, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Remarks:

	/s/ Scott Forney, Attorney-in-Fact	03/20/2026
	** 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 transaction did MARKETWISE, INC. (MKTW) report for Erik Mickels?

MARKETWISE, INC. reported that Chief Financial Officer Erik Mickels sold 10,000 shares of Class A common stock in open-market transactions. The sales occurred over two days and were reported on a Form 4 insider trading filing.

At what prices did Erik Mickels trade MKTW Class A shares?

Erik Mickels sold 6,666 Class A shares at a weighted average price of $14.10 per share and 3,334 shares at a weighted average price of $13.83 per share. Both trades were reported as open-market sales of MARKETWISE, INC. stock.

How many MARKETWISE (MKTW) shares does Erik Mickels hold after these trades?

After the reported transactions, Erik Mickels directly holds 85,064 shares of MARKETWISE, INC. Class A common stock. This figure reflects his position after selling a combined 10,000 shares across two open-market sales.

Were the recent MKTW insider trades by Erik Mickels buys or sells?

The recent insider trades by Erik Mickels were reported as open-market sales of Class A common stock. Two Form 4 transactions show a combined disposition of 10,000 shares, rather than purchases, based on the transaction code and direction fields.

Did the MARKETWISE (MKTW) CFO exercise options in this Form 4 filing?

The reported transactions involve only non-derivative Class A common stock sales, with no derivative exercises disclosed. The derivative summary shows zero option or warrant exercises, indicating no conversion or exercise activity in this particular Form 4.

Over how many days did the MKTW CFO’s 10,000-share sale occur?

The 10,000-share sale by the MARKETWISE, INC. CFO occurred over two trading days. He sold 6,666 shares on March 18 and 3,334 shares on March 19, both as open-market transactions in Class A common stock.