Form 4: MediaAlpha Director Arasu Venmal (Raji) Reports Acquisition of Restricted Stock Units

Director Arasu Venmal (Raji) reports the acquisition of 8,850 restricted stock units of MediaAlpha, Inc. (MAX) on May 16, 2024.

Summary

• On May 16, 2024, Arasu Venmal (Raji), a director of MediaAlpha, Inc. (MAX), acquired 8,850 shares of Class A Common Stock.
• These shares were obtained in the form of restricted stock units (RSUs) granted under the Issuer's Omnibus Incentive Plan.
• The RSUs vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2025 Annual Meeting, contingent upon continued service on the board.
• Following the transaction, Arasu Venmal (Raji) beneficially owns 75,557 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and alignment of interests between the director and shareholders.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.
• The vesting schedule, tied to continued service, aligns the director's interests with those of the shareholders.

Future Outlook

The vesting of the restricted stock units is contingent upon the director's continued service, suggesting an expectation of ongoing involvement with the company.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates that a director has received compensation in the form of equity.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates