Form 4: MediaAlpha CFO Patrick Ryan Thompson Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4


Patrick Ryan Thompson, CFO of MediaAlpha, reports the vesting of restricted stock units and subsequent tax withholding, resulting in changes to his beneficial ownership of Class A Common Stock.

Summary

  • On May 15, 2025, Patrick Ryan Thompson, CFO of MediaAlpha, reported changes in his beneficial ownership of Class A Common Stock.
  • These changes are primarily due to the vesting of 9,772 Restricted Stock Units (RSUs) and the subsequent withholding of shares to cover tax obligations.
  • Specifically, 3,846 shares, 5,257 shares, and 4,366 shares were withheld to cover tax obligations at a price of $10.39 per share.
  • Following these transactions, Thompson's direct ownership of Class A Common Stock decreased to 906,621 shares.
  • The RSUs were granted on December 6, 2021, and vest quarterly, subject to continued employment, with the remaining RSUs vesting through November 15, 2025.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and does not inherently indicate positive or negative sentiment.

Future Outlook

The remaining RSUs will continue to vest quarterly through November 15, 2025, subject to the Reporting Person's continued employment with the Issuer.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • The vesting of RSUs is part of the executive compensation plan, impacting the executive and potentially other employees with similar compensation packages.

Key Dates

DateDescription
December 6, 2021Date the Reporting Person was granted RSUs pursuant to the Issuer's Omnibus Incentive Plan
November 15, 2022One quarter of such RSUs vested
May 15, 2025Date of transaction: vesting of RSUs and tax withholding.
May 16, 2025Date of signature.
November 15, 2025Remaining RSUs will vest quarterly through this date.

Keywords

beneficial ownership, Form 4, MediaAlpha, MAX, Patrick Ryan Thompson, CFO, Restricted Stock Units, RSUs, Class A Common Stock, tax withholding, vesting

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