Match Group CLO converts 10,365 RSUs to shares
Match Group’s chief legal officer converted vested equity into common shares, with a portion of the stock withheld to satisfy exercise-price or tax obligations.
Rhea-AI Filing Summary
Match Group, Inc. (MTCH) reported that Chief Legal Officer and Secretary Sean Edgett settled vested equity awards on September 1, 2026. He exercised and converted a total of 10,365 restricted stock units and related dividend equivalents into an equal number of shares of common stock.
On the same date, 5,274 shares of common stock were delivered or withheld at $40.65 per share to cover payment of exercise price or tax liability. The restricted stock units and related dividend equivalents vest over time in quarterly installments, conditioned on continued service. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,365 shares exercised/converted
Exercise
10 txns
Insider
Edgett Sean
Role
Chief Legal Officer and Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,845 | $0.00 | $0.00 |
| Exercise | Dividend Equivalents F2, F4 | 66 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 8,365 | $0.00 | $0.00 |
| Exercise | Dividend Equivalents F2, F6 | 89 | $0.00 | $0.00 |
| Exercise | Common Stock, par value $0.001 F1 | 1,845 | -- | -- |
| Exercise | Common Stock, par value $0.001 F2 | 66 | -- | -- |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 972 | $40.65 | $40K |
| Exercise | Common Stock, par value $0.001 F1 | 8,365 | -- | -- |
| Exercise | Common Stock, par value $0.001 F2 | 89 | -- | -- |
| Exercise Price or Tax Liability | Common Stock, par value $0.001 | 4,302 | $40.65 | $175K |
Holdings After Transaction:
Restricted Stock Units — 94,722 contracts (Direct);
Dividend Equivalents — 1,297 contracts (Direct);
Common Stock, par value $0.001 — 28,637 shares (Direct)
Footnotes (6)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Dividend equivalents convert into common stock on a one-for-one basis.
- F3. Represents restricted stock units that vested/vest as to 1/3 on March 1, 2026 and as to 1/12 every three months thereafter, subject to continued service.
- F4. The dividend equivalents accrued on restricted stock units that vested/vest as to 1/3 on March 1, 2026 and as to 1/12 every three months thereafter, subject to continued service. The dividend equivalents vest proportionately with the restricted stock units.
- F5. Represents restricted stock units that vested/vest as to 1/12 every three months starting on June 1, 2026, subject to continued service.
- F6. The dividend equivalents accrued on restricted stock units that vested/vest as to 1/12 every three months starting on June 1, 2026, subject to continued service. The dividend equivalents vest proportionately with the restricted stock units.
Key Figures
RSUs and dividend equivalents converted: 10,365 shares
Shares withheld for exercise price or tax liability: 5,274 shares
Withholding price per share: $40.65 per share
+4 more
7 metrics
RSUs and dividend equivalents converted
10,365 shares
Total underlying common shares from derivative exercises reported for September 1, 2026
Shares withheld for exercise price or tax liability
5,274 shares
Code F dispositions on September 1, 2026
Withholding price per share
$40.65 per share
Price used for shares delivered or withheld for exercise price or tax liability
RSUs converted from March-vesting award
1,845 shares
Restricted stock units converting one-for-one into common stock
Dividend equivalents converted from March-vesting award
66 shares
Dividend equivalents converting one-for-one into common stock
RSUs converted from June-vesting award
8,365 shares
Restricted stock units converting one-for-one into common stock
Dividend equivalents converted from June-vesting award
89 shares
Dividend equivalents converting one-for-one into common stock
Key Terms
Restricted stock units, Dividend equivalents, Payment of exercise price or tax liability by delivering or withholding securities
3 terms
Restricted stock units financial
"Represents restricted stock units that vested/vest as to 1/3 on March 1, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend equivalents financial
"The dividend equivalents accrued on restricted stock units that vested/vest"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Payment of exercise price or tax liability by delivering or withholding securities financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What equity transactions did MTCH’s Sean Edgett report on September 1, 2026?
Sean Edgett reported exercising and converting 10,365 restricted stock units and dividend equivalents into common stock, with related share withholdings to cover exercise-price or tax obligations at the time of settlement.
What types of derivative awards did MTCH’s Sean Edgett settle in this Form 4?
The filing shows settlement of restricted stock units and related dividend equivalents, each converting on a one-for-one basis into Match Group common stock as the awards vested.
Were Sean Edgett’s MTCH transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported for these transactions.
How do the RSUs in this MTCH filing vest for Sean Edgett?
Some restricted stock units vest as to 1/3 on March 1, 2026 and 1/12 every three months thereafter, and others vest as to 1/12 every three months starting on June 1, 2026, in each case subject to continued service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
