Form 4: MediaAlpha CFO Patrick Ryan Thompson Reports Stock Transactions
SEC Form 4 Filing
Patrick Ryan Thompson, CFO of MediaAlpha, reports the vesting of restricted stock units and subsequent share withholding for tax obligations.
Summary
- On May 15, 2024, Patrick Ryan Thompson, CFO of MediaAlpha, reported transactions involving Class A Common Stock.
- 9,772 shares were acquired through the vesting of Restricted Stock Units (RSUs) at a price of $0.
- A total of 9,788 shares were withheld by the issuer to cover tax obligations related to the settlement of RSUs.
- The reporting person directly owns 586,333 shares of Class A Common Stock following the reported transactions.
- 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 regulatory filing related to executive compensation. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
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 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the equity-based compensation of key executives.
Stakeholder Impact
- Shareholders are informed about executive compensation and stock ownership.
- The transactions have a minor impact on the total number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2021-12-06 | RSUs granted to the Reporting Person pursuant to the Issuer's Omnibus Incentive Plan |
| 2022-11-15 | One quarter of such RSUs vested |
| 2024-05-15 | Transaction Date: Vesting of RSUs and share withholding for taxes |
| 2025-11-15 | Remainder of RSUs will vest quarterly through this date |
| 2024-05-20 | Date of signature for the Form 4 filing |
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