Form 4: Match Group Director Glenn Schiffman Reports Acquisition of Shares and Dividend Equivalents
SEC Form 4 Filing
Glenn Schiffman, a director at Match Group, reported acquiring additional shares and dividend equivalents, increasing his beneficial ownership.
Summary
- On April 17, 2025, Glenn Schiffman, a director at Match Group, acquired 30 shares of common stock at a price of $29.02 per share.
- He also acquired 53 dividend equivalents, which convert into common stock on a one-for-one basis.
- These dividend equivalents accrued on restricted stock units that vest on the earlier of June 21, 2025, or the date of the next Annual Stockholder Meeting following the grant date, subject to continued service.
- Following these transactions, Schiffman's total beneficial ownership includes 34,338 shares, consisting of 29,773 shares of common stock and 4,565 share units accrued under the 2020 Match Group, Inc. Deferred Compensation Plan for Non-Employee Directors.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure of a director's stock transactions, which is common in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it represents a small change in the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of transaction: Acquisition of shares and dividend equivalents. |
| 04/21/2025 | Date of signature on the report. |
| 06/21/2025 | Earliest vesting date for restricted stock units on which dividend equivalents accrued. |
Keywords
Match Group, Glenn Schiffman, Director, Beneficial Ownership, Dividend Equivalents, Common Stock, SEC Form 4, Deferred Compensation Plan
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