MarketWise (MKTW) director Frank Porter Stansberry buys 40,373 shares

Rhea-AI Filing Summary

MarketWise, Inc. director and 10% owner Frank Porter Stansberry reported open-market purchases of Class A Common Stock. He bought a total of 40,373 shares across three transactions on March 19–20 at weighted average prices between about $14 and $16 per share. Following these purchases, he directly owns 250,381 shares. The filing notes the trades were executed in multiple transactions within intraday price ranges from $13.79 to $16.00, with full trade-by-trade details available on request.

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)
03/19/2026

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	03/19/2026		P		23,103	A	$14.28(1)	233,111	D
Class A Common Stock	03/20/2026		P		10,000	A	$14.78(2)	243,111	D
Class A Common Stock	03/20/2026		P		7,270	A	$15.76(3)	250,381	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 on a single trading day ranging from $13.79 to $14.74, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder 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 on a single trading day ranging from $14.63 to $14.92, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder 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.

3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions on a single trading day ranging from $15.02 to $16.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder 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	03/23/2026
	** 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 MarketWise (MKTW) report for Frank Porter Stansberry?

Frank Porter Stansberry reported buying Class A Common Stock of MarketWise in the open market. He executed three purchase transactions on March 19–20, 2026, increasing his direct ownership and signaling additional personal capital committed to the company’s shares.

How many MarketWise (MKTW) shares did Frank Porter Stansberry buy and at what prices?

He purchased 40,373 MarketWise Class A shares in total. Individual trades covered 23,103 shares at $14.28, 10,000 shares at $14.78, and 7,270 shares at $15.76 weighted-average prices, executed through multiple intraday transactions within disclosed price ranges.

What is Frank Porter Stansberry’s total MarketWise (MKTW) shareholding after these purchases?

After the reported open-market purchases, Frank Porter Stansberry directly owns 250,381 shares of MarketWise Class A Common Stock. The filing shows his share count increasing with each transaction, ending at this total following the final purchase on March 20, 2026.

Were the Frank Porter Stansberry MarketWise (MKTW) trades open-market purchases?

Yes. Each transaction is coded “P” and described as an open-market or private purchase of non-derivative Class A Common Stock. The filing specifically classifies them as open-market purchases rather than option exercises, gifts, or tax-related dispositions.

What price ranges are disclosed for Frank Porter Stansberry’s MarketWise (MKTW) share purchases?

The filing notes weighted-average prices with underlying trades across ranges. Transactions occurred within intraday price bands from $13.79 to $14.74, $14.63 to $14.92, and $15.02 to $16.00, with detailed breakdowns available on request.

Does Frank Porter Stansberry hold any MarketWise (MKTW) derivative securities in this filing?

No derivative positions are shown in this filing. The derivative summary section is empty, indicating that only non-derivative Class A Common Stock transactions were reported, with no stock options, warrants, or convertible securities listed here.