MTCH Insider Alan G. Spoon Converts RSUs, Ups Stake to 291K Shares

Rhea-AI Filing Summary

Form 4 filing overview (MTCH – 23 Jun 2025): Director Alan G. Spoon reported the conversion of vested equity awards into Match Group common stock on 18 Jun 2025. The filing shows 8,061 shares issued from restricted stock units (RSUs) and 99 shares issued from dividend-equivalent units, both recorded under transaction code “M” (acquired by converting a derivative security). No shares were sold.

After the transactions, Spoon’s direct holdings rose to 291,474 shares, while indirect holdings remain at 15,000 shares held by a family LLC. All derivative positions associated with the reported RSUs and dividend equivalents have been reduced to zero following the conversion, reflecting full settlement of those awards.

The RSUs and dividend equivalents vested on the earlier of 21 Jun 2025 or the 2025 Annual Stockholder Meeting (18 Jun 2025). Because RSUs convert 1-for-1 and carry a $0 exercise price, the transaction involves no cash outlay and represents a routine step in the director-compensation program. The aggregate 8,160-share increase is immaterial relative to Match Group’s public float but signals no disposition of equity by the insider.

Positive

• Insider increased direct ownership by 8,160 shares, signalling continued equity alignment with shareholders.
• No shares were sold, eliminating negative sentiment often associated with insider dispositions.

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine RSU vesting—8,160 new shares, no sales; negligible float impact, neutral signal.

The filing shows Director Alan G. Spoon adding 8,160 shares via RSU and dividend-equivalent vesting. Transaction code “M” confirms a non-open-market conversion rather than a purchase or sale, so no price discovery occurs. Post-conversion direct ownership stands at 291,474 shares (≈0.1 % of FY-24 basic shares), plus 15,000 indirectly. While acquisitions are generally viewed more favorably than sales, this is a scheduled vesting under the board compensation plan and does not necessarily reflect an active investment decision. From a valuation or liquidity standpoint, issuing 8,160 shares is immaterial to Match Group’s ~277 million shares outstanding. Overall, the disclosure is neutral for investors.

Corporate Governance Expert

TL;DR: Director equity grant settled; aligns pay with shareholder value, governance status unchanged.

Vesting of RSUs granted to non-employee directors is standard practice designed to align board members’ incentives with long-term shareholder interests. Spoon’s continued accumulation—without concurrent dispositions—maintains an ownership stake above typical board-minimum guidelines, reinforcing alignment. No red flags emerge regarding trade timing; vesting coincided with the scheduled annual meeting and appears compliant with Rule 10b5-1(c). Therefore, governance risk remains low and investor implications are not material.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SPOON ALAN G

(Last) (First) (Middle)

C/O NORTHSTAR ADVISORS LLC

880 WINTER STREET, SUITE 350

(Street)

WALTHAM MA 02451

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Match Group, Inc. [ MTCH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001	06/18/2025		M		8,061	A	(1)	291,375	D
Common Stock, par value $0.001	06/18/2025		M		99	A	(2)	291,474	D
Common Stock, par value $0.001								15,000(3)	I(3)	By Family LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/18/2025		M			8,061	(4)	(4)	Common Stock, par value $0.001	8,061	$0	0	D
Dividend Equivalents	(2)	06/18/2025		M			99	(5)	(5)	Common Stock, par value $0.001	99	$0	0	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. Dividend equivalents convert into common stock on a one-for-one basis.

3. The reporting person disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.

4. 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.

5. 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.

Remarks:

	David Shipley as Attorney-in-Fact for Alan G. Spoon	06/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

How many Match Group (MTCH) shares did Director Alan G. Spoon acquire?

He acquired 8,061 shares from RSU vesting and 99 shares from dividend equivalents, totaling 8,160 shares.

Did the insider sell any MTCH shares in this Form 4 filing?

No. The filing only shows share acquisitions through RSU conversion; no sales were reported.

What is Alan G. Spoon’s total direct share ownership after the transaction?

Following the conversion, he directly owns 291,474 MTCH shares.

Are there any derivative securities remaining after the reported transactions?

No. The RSUs and dividend-equivalent units were fully converted, leaving zero derivative balance for those awards.

Is this Form 4 filing expected to impact Match Group’s share price?

The transaction is a routine vesting event and is not considered materially impactful to the company’s share price.