Match Group (MTCH) CEO Spencer Rascoff granted new dividend equivalents
Rhea-AI Filing Summary
Match Group, Inc. director and Chief Executive Officer Spencer M. Rascoff reported automatic awards of dividend equivalent rights linked to his existing equity awards. On January 21, 2026, he acquired 1,337 dividend equivalents at a price of $0, which are tied to restricted stock units that vest one-third on March 1, 2026 and then in twelfths every three months, subject to continued service. He also acquired 5,571 dividend equivalents at a price of $0 connected to performance-based restricted stock units that may vest if Match Group’s common stock reaches specified price targets over an approximately one-year period beginning on February 5, 2027, also subject to continued service and certain termination conditions. Each dividend equivalent converts into one share of common stock when its related units vest.
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FAQ
What insider transaction did MTCH executive Spencer M. Rascoff report?
Spencer M. Rascoff, a director and Chief Executive Officer of Match Group, Inc. (MTCH), reported the acquisition of dividend equivalent derivative securities on January 21, 2026. These awards were granted at a price of $0 per unit and are tied to his existing restricted stock unit and performance-based restricted stock unit grants.
How many dividend equivalents did Spencer Rascoff receive in this Form 4 filing for Match Group (MTCH)?
The filing shows that Spencer Rascoff acquired 1,337 dividend equivalents tied to time-based restricted stock units and 5,571 dividend equivalents tied to performance-based restricted stock units, each granted at a price of $0 per unit.
How do the dividend equivalents reported by MTCH’s CEO convert into Match Group common stock?
According to the disclosure, each dividend equivalent converts into common stock on a one-for-one basis. This means each dividend equivalent becomes one share of Match Group common stock, but only as and when the related restricted stock units or performance-based restricted stock units vest.
What are the vesting terms for the dividend equivalents linked to Match Group (MTCH) restricted stock units?
The dividend equivalents related to time-based restricted stock units vest as the underlying units vest: one-third on March 1, 2026 and one-twelfth every three months thereafter, subject to continued service. The dividend equivalents vest proportionately with those restricted stock units.
What performance conditions affect the dividend equivalents tied to MTCH performance-based RSUs?
The dividend equivalents linked to performance-based restricted stock units vest based on Match Group, Inc.’s common stock achieving specified prices per share over an approximately one-year period beginning on February 5, 2027, subject to continued service. In certain terminations of employment, vesting can be measured over an approximate one-year period starting from the termination date, and the dividend equivalents vest proportionately with those PSUs.
Are the dividend equivalents reported by MTCH’s CEO held directly or indirectly?
The Form 4 indicates that the dividend equivalents are held with direct ownership by Spencer M. Rascoff. The reported beneficial ownership amounts following the transactions are 5,273 derivative securities after the 1,337-unit grant and 21,974 derivative securities after the 5,571-unit grant.