MLNK insider reports share disposition as $20-per-share merger closes
Rhea-AI Filing Summary
MeridianLink (MLNK) reported an insider Form 4 reflecting completion of its merger. A company director disposed of common stock in connection with the closing on October 24, 2025, when ML Merger Sub merged into MeridianLink and the company became a wholly owned subsidiary of ML Holdco.
Each outstanding share of common stock was converted into the right to receive $20.00 in cash, without interest. The filing shows a disposition of 49,266 shares and that the reporting person held 0 shares following the transaction. In addition, 11,862 unvested restricted stock units were cancelled at closing and converted into a cash right equal to the merger consideration per underlying share, subject to withholding taxes.
Positive
- None.
Negative
- None.
Insights
Director stake cashed out at $20 per share in merger close.
The Form 4 records an automatic share disposition tied to MeridianLink’s merger, which closed on October 24, 2025. Each common share converted into the right to receive $20.00 cash; insider activity here reflects that mechanical conversion rather than an open-market trade.
The filing also states 11,862 unvested RSUs were cancelled and converted to a cash right based on the same per‑share consideration, subject to taxes. Post-transaction holdings are listed as zero common shares for the reporting person.
This is an administrative outcome of a completed merger; valuation and future performance implications sit with the private parent entity, not with public MLNK shares post-close.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.001 | 49,266 | $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.
FAQ
What did MeridianLink (MLNK) disclose in this Form 4?
What was the reporting person’s ownership after the transaction?
What happened to the MeridianLink (MLNK) RSUs?
Who acquired MeridianLink in this merger?