Every Form 4 that Merlin, Inc. (MRLN) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MRLN and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MRLN filings page.
Merlin, Inc. (MRLN) disclosed that reporting person FR Capital Holdings, L.P., a ten percent owner, reported two restructuring-type dispositions of Merlin common stock on September 16, 2026. These were classified as other acquisitions or dispositions and reflect internal fund distributions rather than open-market trades.
First Round Capital VI, L.P. distributed 6,651,292 Merlin shares to its partners on a pro rata basis for no consideration, and First Round Capital VIII F, L.P. distributed 5,097,669 shares on a pro rata basis for no consideration. FR Capital Holdings is the investment manager to these funds and may be deemed to have beneficial ownership but disclaims beneficial ownership except to the extent of its pecuniary interest. No Rule 10b5-1 trading plan is reported.
Merlin, Inc. (MRLN) reported that director Michael Blitzer acquired 262,500 shares of common stock on September 16, 2026 through an "other" transaction. The shares were received as part of a pro rata distribution for no consideration from Bleichroeder Sponsor 1 LLC, bringing his directly held stake to 300,000 shares.
The Sponsor distributed a total of 8,333,333 shares of common stock to its members under its limited liability company agreement, and the filing indicates the transaction was not made under a Rule 10b5-1 trading plan.
Merlin, Inc. (MRLN) reported that officer Leslie Renee Ravestein, CLO and Secretary, had 1,101 shares of common stock withheld on September 16, 2026 to satisfy tax withholding obligations tied to vesting restricted stock units. The withholding price was $2.21 per share, and Ravestein now holds 197,935 shares of common stock directly.
Merlin, Inc. (MRLN) reported that its CFO & Treasurer, Ryan Michael Carrithers, had 1,073 shares of common stock withheld on September 16, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units. The shares were valued at the $2.21 closing price, and Carrithers now directly holds 255,343 shares of Merlin common stock.
Merlin, Inc. (MRLN) reported that Chief Executive Officer and director George Matthew Spencer had 1,468 shares of common stock withheld on September 16, 2026 to satisfy tax withholding obligations arising from the vesting of restricted stock units. The shares were valued at $2.21 per share, based on the closing price on the vesting date, solely to determine the number of shares withheld. After this tax-withholding disposition, Spencer directly holds 15,420,961 common shares. No Rule 10b5-1 trading plan is reported for this transaction.
Carrithers Ryan Michael reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. reported that CFO & Treasurer Ryan Michael Carrithers received new equity compensation. He was granted 256,416 shares tied to restricted stock units, each representing one share of common stock, along with 806,393 stock options exercisable at $6.64 per share.
The RSUs vest in staggered schedules beginning on September 16, 2026 and March 16, 2027, while the options vest 25% on October 14, 2026 and monthly thereafter until fully vested, and expire on May 20, 2036. After these awards, he holds 256,416 common shares and 806,393 options directly.
Braithwaite Kenneth John reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. director Kenneth John Braithwaite received an equity award of 37,500 restricted stock units (RSUs). The grant consists of 20,000 RSUs vesting in four equal installments every six months starting on September 16, 2026, and 17,500 RSUs vesting in full on the earlier of March 16, 2027 or one day before Merlin’s 2027 annual shareholder meeting. Each RSU represents a right to one share of common stock and does not require a purchase price.
Smith Robert Hanson reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. reported that director Smith Robert Hanson received an equity award in the form of 37,500 shares of common stock on May 20, 2026. The award was granted at a price of $0.00 per share, reflecting compensation rather than a market purchase.
According to the footnote, this grant consists of 20,000 restricted stock units (RSUs) that vest in four equal installments every six months beginning on September 16, 2026, and an additional 17,500 RSUs that vest in full on the earlier of March 16, 2027 or one day before the company’s 2027 annual meeting of shareholders. Each RSU represents a contingent right to receive one share of common stock, and the RSUs do not expire. Following this award, Hanson directly holds 37,500 shares.
BRANNON KELYN reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. director Kelyn Brannon received an equity award covering 37,500 shares of common stock in the form of restricted stock units. The grant includes 20,000 RSUs that vest in four equal installments every six months beginning on September 16, 2026, and 17,500 RSUs that vest in full on the earlier of March 16, 2027 or one day before the 2027 annual shareholder meeting. After this award, Brannon holds 37,500 shares or RSUs directly.
BLITZER MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. director Michael Blitzer received an equity grant of 37,500 shares of common stock in the form of restricted stock units (RSUs) at no cash cost. Following this award, he holds 37,500 shares directly. The grant consists of 20,000 RSUs that vest in four equal installments every six months beginning on September 16, 2026, and 17,500 RSUs that vest in full on the earlier of March 16, 2027 or one day before Merlin’s 2027 annual meeting of shareholders. Each RSU represents a contingent right to receive one share of common stock, and the RSUs do not expire.
Montelongo Michael reported acquisition or exercise transactions in this Form 4 filing.
Merlin, Inc. director Michael Montelongo reported receiving an equity award of 37,500 shares of common stock in the form of restricted stock units. The award consists of 20,000 RSUs that vest in four equal installments every six months starting on September 16, 2026, and 17,500 RSUs that vest in full on the earlier of March 16, 2027 or one day before the company’s 2027 annual shareholder meeting. Each RSU represents a contingent right to receive one share of common stock, and the RSUs do not expire.
Merlin, Inc. reported that Chief Revenue Officer Mark Rawlins Brunner received a grant of 225,904 shares of common stock in the form of restricted stock units. The award was recorded at $0.00 per share, reflecting a compensation grant rather than an open‑market purchase.
According to the footnote, these RSUs vest in three equal annual installments beginning on April 7, 2027, and each RSU converts into one share of common stock upon vesting. Following this award, Brunner’s direct holdings reported in this filing total 225,904 shares.
Merlin, Inc. director Carolyn Trabuco reported receiving an equity award of 37,500 shares of common stock in the form of restricted stock units (RSUs). This is a compensation grant, not a market purchase, so no cash changed hands.
The award consists of 20,000 RSUs that vest in four equal installments every six months beginning on September 16, 2026, and 17,500 RSUs that vest in full on the earlier of March 16, 2027 or one day before Merlin’s 2027 annual shareholder meeting. Each RSU converts into one share of common stock when it vests, and the RSUs do not expire. After this award, Trabuco holds 37,500 shares-related units directly.
Merlin, Inc. reported a new equity compensation grant to its CLO and Secretary, Leslie Renee Ravestein. She received 199,036 shares of common stock as awards, including restricted stock units that convert into shares over time. Following the grants, she directly holds 199,036 common shares and 205,475 stock options.
The award includes 184,036 restricted stock units that vest in three equal annual installments beginning on March 16, 2027, and 15,000 restricted stock units that vest in four equal installments every six months beginning on September 16, 2026. In addition, she was granted stock options for 205,475 shares at an exercise price of $6.64 per share, vesting 25% on November 12, 2026 with the remainder vesting in 36 substantially equal monthly installments until their expiration on May 20, 2036.
Merlin, Inc. Chief Executive Officer George Matthew Spencer reported an equity award of 531,807 shares of common stock-equivalent units. The filing describes this as a grant/award acquisition, with no cash price per share shown and direct ownership reported after the transaction of 15,422,429 shares.
The award consists of restricted stock units that convert into common stock over time. According to the footnote, 451,807 RSUs vest in three equal annual installments beginning on March 16, 2027, 20,000 RSUs vest in four equal six‑month installments beginning on September 16, 2026, and 60,000 RSUs vest in full on March 16, 2027. Each RSU represents a contingent right to receive one share of common stock, and the RSUs do not expire.