Form 4: Match Group's Chief Legal Officer Reports Stock Transactions
SEC Form 4 Filing
Jeanette Teckman, Chief Legal Officer of Match Group, reports the vesting and subsequent disposal of shares to cover tax obligations.
Summary
- On July 1, 2024, Jeanette Teckman, the Chief Legal Officer of Match Group, Inc., had restricted stock units convert into 31 shares of common stock.
- Also on July 1, 2024, Ms. Teckman disposed of 11 shares of common stock at a price of $30.38 to cover tax obligations.
- Following these transactions, Ms. Teckman directly owns 8,916 shares of Match Group common stock and 219 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Match Group.
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 | Restricted stock units vested as to 1/4 on this date. |
| 07/01/2024 | Restricted stock units converted into common stock and shares disposed of to cover tax obligations. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
| 04/01/2026 | Expiration date of restricted stock units. |
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