Form 4: Match Group Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Jeanette Teckman, Chief Legal Officer of Match Group, reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On April 1, 2024, Jeanette Teckman, the Chief Legal Officer of Match Group, had restricted stock units vest, converting into 31 shares of common stock.
- Also on April 1, 2024, Ms. Teckman disposed of 11 shares of common stock at a price of $36.28 to satisfy tax withholding obligations related to the vesting of the restricted stock units.
- Following these transactions, Ms. Teckman directly owns 7,752 shares of Match Group common stock.
- She also holds 250 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they relate to executive compensation and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 04/01/2023 | Date that restricted stock units vested/vest as to 1/4 |
| 04/01/2024 | Date of stock transactions: vesting of restricted stock units and disposition of shares for tax obligations. |
| 04/01/2026 | Expiration date of restricted stock units. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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