Form 4: MediaAlpha CFO Patrick Ryan Thompson Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Patrick Ryan Thompson, CFO of MediaAlpha, reports the acquisition and disposal of Class A Common Stock related to the vesting and tax withholding of Restricted Stock Units.

Summary

  • On August 15, 2024, Patrick Ryan Thompson, CFO of MediaAlpha, reported transactions involving Class A Common Stock.
  • These transactions included the acquisition of 9,772 shares upon the vesting of Restricted Stock Units (RSUs) at a price of $0.
  • Thompson also disposed of shares to cover tax withholding obligations: 3,846 shares at $16.97, 5,258 shares at $16.97 and 4,366 shares at $16.97.
  • Following these transactions, Thompson directly owns 582,635 shares of Class A Common Stock and 48,860 Restricted Stock Units.
  • The RSUs were granted on December 6, 2021, and vest quarterly through November 15, 2025, subject to continued employment.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by a company insider, primarily driven by RSU vesting and tax obligations. It doesn't 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

This is a standard Form 4 filing, reflecting changes in beneficial ownership by a company insider. Such filings are common and provide transparency into insider transactions.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve the issuance of shares upon RSU vesting, offset by shares withheld for tax purposes.

Key Dates

DateDescription
December 6, 2021RSUs granted to the Reporting Person pursuant to the Issuer's Omnibus Incentive Plan
November 15, 2022One quarter of such RSUs vested
August 15, 2024Date of reported transactions (RSU vesting and tax withholding)
November 15, 2025Remaining RSUs will vest quarterly through this date

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.