MLNK insider Form 4: shares and RSUs converted to $20 cash

Rhea-AI Filing Summary

MeridianLink, Inc. (MLNK) reported an insider transaction tied to its merger closing. A director filed a Form 4 showing that, at the merger’s effective time on 10/24/2025, each outstanding share of common stock was converted into the right to receive $20.00 in cash, without interest. The filing indicates the reporting person’s beneficial ownership became 0 shares following the transaction.

The filing also notes 18,264 unvested restricted stock units were automatically canceled and converted into a cash right based on the same per‑share merger consideration. The transaction occurred as Merger Sub combined with MeridianLink, which now operates as a wholly owned subsidiary of ML Holdco, Inc.

Insights

Equity Capital Markets Analyst

Insider shares and RSUs were cashed out at $20.00 per share upon merger close.

This Form 4 reflects a merger-driven disposition. At the effective time on 10/24/2025, each common share converted into the right to receive $20.00 in cash. The reporting person’s post-transaction beneficial ownership is recorded as 0 shares, consistent with a go-private cash-out structure.

The filing also specifies 18,264 unvested RSUs were canceled and converted into a cash right based on the same per-share merger consideration. MeridianLink now operates as a wholly owned subsidiary of ML Holdco, Inc. Actual investor impact depends on the already-agreed merger terms rather than discretionary insider trading.

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

X

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^*

Sachleben Mark

(Last) (First) (Middle)

C/O MERIDIANLINK, INC.

1 VENTURE, SUITE 235

(Street)

IRVINE CA 92618

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MeridianLink, Inc. [ MLNK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
10/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock, par value $0.001	10/24/2025		D(1)		51,121(2)	D	(3)	0	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 Form 4 reports securities disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated August 11, 2025, by and among the Issuer, ML Holdco, Inc. (as successor in interest to ML Holdco, LLC), a Delaware corporation ("Parent"), and ML Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of ML Holdco ("Merger Sub"). On October 24, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent.

2. Includes 18,264 unvested and outstanding restricted stock units subject to time-based vesting conditions (the "RSUs"). Each RSU represents the contingent right to receive one share of Issuer's Common Stock, par value $0.001 per share (the "Issuer Common Stock") upon vesting and settlement. Pursuant to the Merger Agreement, at the Effective Time, each RSU that was outstanding as of immediately prior to the Effective Time and held by the Reporting Person as of the Effective Time was automatically cancelled and extinguished and converted into the right to receive an amount in cash (without interest and subject to any applicable withholding or other taxes) equal to the product of (i) the Merger Consideration (as defined below) payable with respect to such RSU multiplied by (ii) the aggregate number of shares of Issuer Common Stock subject to such RSU immediately prior to the Effective Time.

3. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of Issuer Common Stock was automatically cancelled and converted into the right to receive $20.00 in cash, without interest (the "Merger Consideration"), less any applicable withholding taxes.

	/s/ Kayla Dailey, Attorney-in-Fact	10/24/2025
	** 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.

FAQ

What did MeridianLink (MLNK) disclose in this Form 4?

A director reported a merger-related disposition where each share converted into a right to receive $20.00 in cash at the effective time on 10/24/2025.

What price per share was paid in the MeridianLink merger?

Each outstanding share converted into the right to receive $20.00 in cash, without interest.

How many RSUs were affected for the reporting person?

The filing notes 18,264 unvested RSUs were canceled and converted into a cash right based on the $20.00 per‑share consideration.

What is the reporting person’s ownership after the transaction?

Beneficial ownership is listed as 0 shares following the reported transaction.

When did the merger become effective for MeridianLink (MLNK)?

The effective time was 10/24/2025.

What happened to MeridianLink’s corporate structure after the deal?

MeridianLink survived the merger as a wholly owned subsidiary of ML Holdco, Inc.