MLNK insider reports merger-driven stock and RSU cash-out at $20
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insights
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.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
MCDERMOTT EDWARD H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.001 | 41,451 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 972,368 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 343,785 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 24,500 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 23,592 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 36,280 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 10,986 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 25,967 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 24,970 | $0.00 | -- |
| Disposition | Common Stock, par value $0.001 | 89,560 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 — 0 shares (Direct);
Common Stock, par value $0.001 — 0 shares (Indirect, By Family Trust 1)
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 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. 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. 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. 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. The shares are held through a Roth IRA for the benefit of the Reporting Person. 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. 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. 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. 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. 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. 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.
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.
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.