Match Group (MTCH) CLO awarded stock dividend equivalents
Rhea-AI Filing Summary
Match Group, Inc. reported that Chief Legal Officer and Secretary Sean Edgett received additional stock-based compensation in the form of dividend equivalents on January 21, 2026. He was credited with 286 dividend equivalents tied to one set of restricted stock units and 138 dividend equivalents tied to another, both at a price of $0 per unit. These dividend equivalents convert into common stock on a one-for-one basis and vest on the same schedule as the underlying restricted stock units, which vest in installments through October 2027 and March 2028, subject to continued service. Following these transactions, Edgett held 1,395 and 544 derivative securities, respectively, directly.
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FAQ
What insider transaction did Match Group (MTCH) report for Sean Edgett?
Match Group reported that Chief Legal Officer and Secretary Sean Edgett acquired additional dividend equivalents on January 21, 2026, which are derivative securities tied to his restricted stock units.
How many dividend equivalents did the Match Group CLO receive in this Form 4?
Sean Edgett received 286 dividend equivalents in one award and 138 dividend equivalents in another, both recorded at a price of $0 per unit.
How do the dividend equivalents reported by Match Group (MTCH) convert into stock?
The filing states that the dividend equivalents convert into common stock on a one-for-one basis, meaning each unit corresponds to one share of Match Group common stock when it vests.
What is the vesting schedule for the dividend equivalents reported by Match Group?
One set of dividend equivalents is tied to restricted stock units that vest in three equal installments on October 1, 2025, 2026, and 2027. The other is tied to restricted stock units that vest one-third on March 1, 2026 and one-twelfth every three months thereafter, in each case subject to continued service.
How many derivative securities does the Match Group CLO hold after these transactions?
After these transactions, Sean Edgett beneficially owned 1,395 derivative securities related to one award and 544 related to the other, all held directly.
Were the dividend equivalents in Match Group’s Form 4 a cash transaction?
No. The Form 4 shows the dividend equivalents were acquired at a price of $0 per unit and represent stock-based compensation rather than a cash purchase.