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

Director Arasu Venmal (Raji) reports the acquisition of 23,100 restricted stock units of MediaAlpha, Inc. (MAX) on May 14, 2025.

Summary

• On May 14, 2025, Arasu Venmal (Raji), a director of MediaAlpha, Inc. (MAX), acquired 23,100 restricted stock units.
• These restricted stock units were granted under the Issuer's Omnibus Incentive Plan in connection with their service on the Issuer's board of directors.
• Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock upon vesting.
• The restricted stock units will vest on the earlier of the first anniversary of the grant date or the date of the Issuer's 2026 Annual Meeting, contingent upon continued service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard compensation practice that aligns director interests with shareholder value. There are no immediate negative implications.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The director's continued service is tied to the vesting of the restricted stock units, suggesting an expectation of ongoing involvement with MediaAlpha.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects standard practices for incentivizing board members.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies to align their interests with those of shareholders.
• Companies like Alphabet (GOOGL) and Meta (META) also use equity-based compensation for their board members.
• The vesting schedule, tied to continued service and the annual meeting, is typical for such grants.

Stakeholder Impact

• Shareholders may view this as a positive sign, as it aligns the director's interests with the company's long-term success.
• Employees may see this as a sign of stability and commitment from the board.

Next Steps

• The director will continue to serve on the board.
• The restricted stock units will vest based on the specified vesting schedule.

Key Dates

Keywords

MediaAlpha, Director, Arasu Venmal, Restricted Stock Units, MAX, Beneficial Ownership, Form 4, SEC Filing