MarketWise counsel reports 711-share tax withholding

Rhea-AI Filing Summary

MARKETWISE, INC. General Counsel Scott Daniel Forney reported a disposition of 711 shares of Class A Common Stock at $19.14 per share. According to a footnote, these shares were withheld by the company to cover tax obligations tied to the vesting and net settlement of previously reported restricted stock units, rather than sold by Forney in the market. After this tax withholding event, Forney directly holds 21,459 shares, which includes 879 shares acquired through the company’s employee stock purchase plan on June 30, 2026.

Insider Trade Summary

Net Seller: 711 shares

Net Sell 1 txn

Insider Forney Scott Daniel

Role General Counsel

Sold 711 shs ($14K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	711	$19.14	$14K

Holdings After Transaction: Class A Common Stock — 21,459 shares (Direct)

Footnotes (2)

1. F1. This transaction is not a sale of shares by the Reporting Person. This represents shares that have been withheld by the Issuer to satisfy its tax withholdings and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.
2. F2. Includes 879 shares of Class A Common Stock acquired pursuant to the Issuer's employee stock purchase plan on June 30, 2026.

Key Figures

Shares withheld for taxes: 711 shares Withholding reference price: $19.14 per share Shares held after transaction: 21,459 shares +1 more

4 metrics

Shares withheld for taxes 711 shares Class A Common Stock tied to RSU vesting

Withholding reference price $19.14 per share Shares withheld to satisfy tax obligations

Shares held after transaction 21,459 shares Direct ownership following tax withholding event

ESPP shares included in holdings 879 shares Acquired under employee stock purchase plan on June 30, 2026

Key Terms

restricted stock units, employee stock purchase plan, net settlement, tax withholdings and remittance obligations

4 terms

restricted stock units financial

"in connection with the vesting and net settlement of previously reported restricted stock units"

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.

employee stock purchase plan financial

"acquired pursuant to the Issuer's employee stock purchase plan on June 30, 2026"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

net settlement financial

"in connection with the vesting and net settlement of previously reported restricted stock units"

tax withholdings and remittance obligations financial

"withheld by the Issuer to satisfy its tax withholdings and remittance obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MARKETWISE (MKTW) General Counsel report?

MARKETWISE General Counsel Scott Daniel Forney reported a disposition of 711 Class A Common Stock shares. A footnote explains these shares were withheld by the company to satisfy tax obligations related to vesting restricted stock units, rather than sold by him in the open market.

How many MARKETWISE (MKTW) shares were involved and at what price?

The filing shows 711 shares of MARKETWISE Class A Common Stock at $19.14 per share. This amount reflects shares withheld by the issuer for tax obligations associated with restricted stock unit vesting and net settlement, not an active sale decision by the executive.

How many MARKETWISE (MKTW) shares does Scott Daniel Forney hold after this transaction?

After the reported tax withholding transaction, Scott Daniel Forney directly holds 21,459 shares of MARKETWISE Class A Common Stock. This total includes shares acquired through compensation and the employee stock purchase plan, as reflected in the Form 4 disclosure and accompanying footnotes.

Was the MARKETWISE (MKTW) transaction an open-market sale by the General Counsel?

The transaction was not an open-market sale by the General Counsel. A footnote clarifies the 711 shares were withheld by the company to cover tax withholdings and remittance obligations related to vesting restricted stock units previously reported for Scott Daniel Forney.

What does the Form 4 say about MARKETWISE (MKTW) employee stock purchase plan shares?

A footnote states that Forney’s holdings include 879 Class A Common Stock shares acquired through MARKETWISE’s employee stock purchase plan on June 30, 2026. These shares are part of his direct ownership position following the reported tax withholding transaction.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 08:27 PM Learn about SEC filing dates

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^*

Forney Scott Daniel

(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)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		S		711(1)	D	$19.14	21,459(2)	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. This transaction is not a sale of shares by the Reporting Person. This represents shares that have been withheld by the Issuer to satisfy its tax withholdings and remittance obligations in connection with the vesting and net settlement of previously reported restricted stock units.

2. Includes 879 shares of Class A Common Stock acquired pursuant to the Issuer's employee stock purchase plan on June 30, 2026.

Remarks:

	/s/ Scott D. Forney	07/02/2026
	** 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)