Match Group Board Member Strengthens Position with Fresh Stock Grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Match Group director Ann McDaniel reported multiple insider transactions on June 18, 2025. The transactions involved the conversion and acquisition of restricted stock units (RSUs) and dividend equivalents:
- Converted 8,061 RSUs and 99 dividend equivalents into common stock on a one-for-one basis
- Received a new grant of 8,250 RSUs that will vest on the earlier of June 18, 2026, or the next Annual Stockholder Meeting
- Following the transactions, McDaniel directly owns 27,349 shares of Match Group common stock
The transactions were executed pursuant to the company's equity compensation plan for directors. The RSUs and dividend equivalents were converted at no cost, with the vesting schedule aligned with the company's Annual Stockholder Meeting dates. This Form 4 filing was submitted by David Shipley as Attorney-in-Fact for Ann McDaniel.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,160 shares exercised/converted
Mixed
5 txns
Insider
MCDANIEL ANN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,061 | $0.00 | -- |
| Exercise | Dividend Equivalents | 99 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 8,250 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 | 8,061 | $0.00 | -- |
| Exercise | Common Stock, par value $0.001 | 99 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Dividend Equivalents — 0 shares (Direct);
Common Stock, par value $0.001 — 27,250 shares (Direct)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. Dividend equivalents convert into common stock on a one-for-one basis. Represents restricted stock units that vested on the earlier of (i) June 21, 2025 and (ii) June 18, 2025, the date of the next Annual Stockholder Meeting of Match Group, Inc. following the grant date. The dividend equivalents accrued on restricted stock units that vested on the earlier of (i) June 21, 2025 and (ii) June 18, 2025, the date of the next Annual Stockholder Meeting of Match Group, Inc. following the grant date. Represents restricted stock units that vest on the earlier of (i) June 18, 2026 and (ii) the date of the next Annual Stockholder Meeting of Match Group, Inc. following the grant date, subject to continued service.
FAQ
How many MTCH restricted stock units did Ann McDaniel receive on June 18, 2025?
According to the Form 4 filing, Ann McDaniel received 8,250 new restricted stock units (RSUs) of MTCH on June 18, 2025. These RSUs will vest on the earlier of June 18, 2026, or the date of the next Annual Stockholder Meeting following the grant date.
What is the vesting schedule for MTCH director Ann McDaniel's new RSU grant?
The new grant of 8,250 restricted stock units will vest on the earlier of: (i) June 18, 2026, or (ii) the date of the next Annual Stockholder Meeting of Match Group following the grant date, subject to continued service as a director.
What was the conversion price of MTCH restricted stock units for Ann McDaniel?
The restricted stock units convert into MTCH common stock on a one-for-one basis, meaning each RSU converts into one share of common stock. The filing indicates there was no cash exercise price for the conversion.
What is Ann McDaniel's role at MTCH according to the Form 4?
According to the Form 4 filing, Ann McDaniel serves as a Director of Match Group, Inc. (MTCH), as indicated by the 'X' marked in the Director box under Section 5 of the form.