MLNK CEO Laurence Katz Receives 62,770 RSUs, 49,021 Shares Withheld
Rhea-AI Filing Summary
Laurence E. Katz, CEO and President of MeridianLink, Inc. (MLNK), reported transactions dated 10/01/2025 related to restricted stock units (RSUs). On that date 62,770 shares were issued to Mr. Katz pursuant to an RSU grant at no cash cost, increasing his beneficial ownership to 1,300,193 shares. To satisfy tax withholding on the vesting, the issuer withheld and disposed of 49,021 shares at $19.93 per share, leaving reported beneficial ownership of 1,251,172 shares after the withholding. The filing states 6.25% of the RSU award vested on 10/01/2025, with the remaining 93.75% scheduled to vest in 15 equal quarterly installments beginning the first day of the calendar quarter following 10/01/2025, subject to continued service.
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Insights
CEO received time‑based RSUs with multi‑quarter vesting; tax withholding reduced net shares.
The Form 4 shows a standard executive equity award structure: 62,770 RSUs granted with 6.25% immediately vested and the balance vesting over 15 quarterly installments. This ties a large portion of the award to continued service, aligning management incentives with shareholder interests over the medium term.
The issuer withheld 49,021 shares at $19.93 to cover taxes, a routine administrative step that reduced Mr. Katz's net share increase on the vesting date to a reported 1,251,172 shares beneficially owned.
Significant equity grant increases CEO's stake but majority vests gradually across quarters.
The award mechanics—partial immediate vesting of 6.25% and the remainder in 15 equal quarterly installments—indicate retention-focused compensation rather than an immediate cash or performance payout. The disclosed per‑share withholding price of $19.93 quantifies the tax settlement executed on vesting.