MLNK Form 4: Director’s shares and RSUs converted to $20.00 cash
Rhea-AI Filing Summary
MeridianLink, Inc. (MLNK) director reports merger-related disposition. On October 24, 2025, a merger became effective in which each outstanding share of MeridianLink common stock was automatically converted into the right to receive $20.00 in cash, without interest and less any applicable withholding taxes.
The reporting person’s unvested equity was also addressed at closing. A total of 11,862 unvested restricted stock units were cancelled and converted into a cash right based on the same $20.00 per share merger consideration. Following the transaction, the Form 4 shows the reporting person beneficially owns 0 shares.
Positive
- None.
Negative
- None.
Insights
Director’s equity converted to cash at $20.00 per share upon merger closing.
The filing reflects a change-of-control close: on October 24, 2025, each MeridianLink common share converted into the right to receive $20.00 cash. This is a standard cash-out structure where equity holders receive cash consideration instead of continuing ownership.
The reporting person’s 11,862 unvested RSUs were cancelled and converted into a cash right using the same per-share merger price. After the conversion, beneficial ownership is listed as 0 shares, consistent with a go-private transaction where the issuer becomes a wholly owned subsidiary.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.001 | 54,607 | $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.
