MTCH.NASDAQMatch Group, INC

Form 4: Match Group Director Glenn Schiffman Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Glenn Schiffman, a director at Match Group, Inc., reported the acquisition and disposal of restricted stock units and common stock.

Summary

  • Glenn Schiffman, a director of Match Group, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On June 22, 2024, Schiffman exercised 6,088 restricted stock units (RSUs), converting them into common stock.
  • As of the report, Schiffman directly owns 29,603 shares of common stock, including 26,773 shares and 2,830 share units accrued under the 2020 Match Group, Inc. Deferred Compensation Plan for Non-Employee Directors.
  • Schiffman also holds 8,061 restricted stock units that vest on the earlier of June 21, 2025, or the date of the next Annual Stockholder Meeting of Match Group, Inc., subject to continued service.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies like Match Group.

Key Dates

DateDescription
06/21/2024Date of earliest transaction related to restricted stock units.
06/22/2024Date of RSU exercise and conversion to common stock.
06/25/2024Date of signature by Attorney-in-Fact.
06/21/2025Date of potential vesting of remaining restricted stock units.

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