MLNK insider reports merger payout: $20.00 per share; RSUs cashed
Rhea-AI Filing Summary
MeridianLink (MLNK) director filed a Form 4 reporting the completion of the company’s merger and the related disposition of equity. On October 24, 2025, each outstanding share of MeridianLink common stock was automatically cancelled and converted into the right to receive $20.00 in cash (without interest and less any applicable withholding taxes). The reporting person’s common stock was disposed of in connection with the transaction, and beneficial ownership is now reported as 0 shares.
The filing also notes 24,724 unvested RSUs held by the reporting person. At the merger effective time, each RSU was cancelled and converted into the right to receive a cash amount equal to $20.00 per underlying share, subject to taxes. Following the merger, MeridianLink became a wholly‑owned subsidiary of ML Holdco, Inc. under the August 11, 2025 Merger Agreement.
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Insights
Form 4 confirms MLNK merger cash-out at $20/share.
The insider report documents the merger close: all outstanding MeridianLink common shares were converted into a $20.00 cash payment per share at the effective time on October 24, 2025. As a result, the reporting person’s beneficial ownership is shown as 0 shares after the transaction.
Equity awards were addressed per the Merger Agreement. The filing specifies 24,724 unvested RSUs were cancelled and converted into cash equal to $20.00 per underlying share, subject to withholding. This is standard treatment in all-cash takeouts and aligns award value with the deal price.
Investor impact depends on the already-announced deal terms; this filing is a confirmation of mechanics and timing. It indicates closing and payout terms but does not add financial performance details beyond the $20.00 consideration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.001 | 41,323 | $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 24,724 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.
