MLNK merger: $20.00 per share; director now holds 0 shares
Rhea-AI Filing Summary
MeridianLink (MLNK) director reported a merger-related disposition. On October 24, 2025, the company completed a merger in which each outstanding share of Common Stock was converted into the right to receive $20.00 in cash, without interest. The filing shows the director disposed of 52,631 shares in connection with the transaction, leaving 0 shares beneficially owned after the event.
The filing also notes 11,862 unvested RSUs held by the reporting person were automatically cancelled at closing and converted into a cash right equal to $20.00 multiplied by the number of underlying shares.
Positive
- None.
Negative
- None.
Insights
Form 4 reflects cash-out at $20.00 per share upon merger closing.
The transaction records a standard merger cash-out: each share of MeridianLink Common Stock converted into the right to receive $20.00 at the Effective Time on October 24, 2025. The director’s 52,631 shares were disposed in this process, resulting in 0 shares beneficially owned immediately after.
Equity awards were treated consistently with the merger terms. The reported 11,862 RSUs were cancelled and converted into a cash right equal to $20.00 times the number of underlying shares. This is typical for time-based RSUs in all-cash deals, aligning award holders with per-share merger consideration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.001 | 52,631 | $0.00 | -- |
Footnotes (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. Includes 11,862 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. 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.