MLNK insider reports merger-driven stock and RSU cash-out at $20

Rhea-AI Filing Summary

MeridianLink (MLNK) director reports merger-related disposition. A reporting person filed a Form 4 showing all MeridianLink common stock and equity awards were disposed of in connection with the company’s merger effective on 10/24/2025. Under the agreement, each outstanding share was converted into the right to receive $20.00 in cash. The filing notes 18,336 unvested RSUs were cancelled at closing and converted into a cash right based on the same consideration. Holdings included direct shares and indirect positions through family trusts and partnerships, which were likewise cashed out at closing as the issuer became a wholly owned subsidiary of ML Holdco.

Insights

Equity capital markets analyst

Form 4 confirms merger close and $20.00 cash-out.

The filing documents disposition of MeridianLink common stock and RSUs due to the closing of a cash merger on 10/24/2025. Each share was converted into a right to receive $20.00 in cash, and unvested RSUs (18,336 units) were cancelled and converted into a cash entitlement using the same per‑share consideration.

Because this is a compulsory transaction at closing, it reflects administrative reporting rather than elective insider selling. Actual cash proceeds flow to the holders per the merger terms. Subsequent company disclosures would typically address any post‑closing structure, but those details are outside this excerpt.

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

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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^*

MCDERMOTT EDWARD H

(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)		41,451(2)	D	(3)	0	D
Common Stock, par value $0.001	10/24/2025		D(1)		972,368	D	(3)	0	I	By Family Trust 1(4)
Common Stock, par value $0.001	10/24/2025		D(1)		343,785	D	(3)	0	I	By Family Limited Partnership 1(5)
Common Stock, par value $0.001	10/24/2025		D(1)		24,500	D	(3)	0	I	See Footnote(6)
Common Stock, par value $0.001	10/24/2025		D(1)		23,592	D	(3)	0	I	By Family Limited Partnership 2(7)
Common Stock, par value $0.001	10/24/2025		D(1)		36,280	D	(3)	0	I	By Family Trust 2(8)
Common Stock, par value $0.001	10/24/2025		D(1)		10,986	D	(3)	0	I	By Family Trust 3(9)
Common Stock, par value $0.001	10/24/2025		D(1)		25,967	D	(3)	0	I	By Family Trust 4(10)
Common Stock, par value $0.001	10/24/2025		D(1)		24,970	D	(3)	0	I	By Family Trust 5(11)
Common Stock, par value $0.001	10/24/2025		D(1)		89,560	D	(3)	0	I	By Family Trust 6(12)

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 18,336 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.

4. The shares are held directly by a family trust. The Reporting Person is a trustee of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust.

5. The shares are held directly by a family limited partnership. The Reporting Person is a general partner of such family limited partnership, and the Reporting Person has sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such family limited partnership.

6. The shares are held through a Roth IRA for the benefit of the Reporting Person.

7. The shares are held directly by a family trust. The Reporting Person is an Investment Direction Adviser of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust.

8. The shares are held directly by a family trust. The Reporting Person is a manager of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

9. The shares are held directly by a family trust. The Reporting Person is a trustee of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

10. The shares are held directly by a family trust. The Reporting Person is a manager of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

11. The shares are held directly by a family trust. The Reporting Person is a trustee of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

12. The shares are held directly by a family trust. The Reporting Person is a manager of such trust and shares sole voting and dispositive power with respect to all securities held by such entity. The Reporting Person may be deemed to be a beneficial owner of the securities held by such trust, and the Reporting Person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein.

	/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).
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FAQ

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

A director reported the disposition of all common stock and equity awards due to the merger closing on 10/24/2025.

What was the cash consideration per MeridianLink share?

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

How were unvested RSUs treated for the reporting person?

18,336 unvested RSUs were cancelled and converted into a cash right based on the $20.00 per‑share merger consideration.

Which entities were involved in the merger transaction?

ML Merger Sub, Inc. merged into MeridianLink, which survived as a wholly owned subsidiary of ML Holdco, Inc.

Were indirect holdings affected?

Yes. Indirect holdings through family trusts and partnerships were also converted into the right to receive cash at $20.00 per share.

Did the reporting person retain MeridianLink shares after the merger?

No. The filing shows reported positions were cancelled at closing and converted into cash rights under the merger terms.