Form 4: MediaAlpha Director Hunt Receives Stock Units
SEC Form 4 Filing
Director Bradley William Hunt receives 23,100 restricted stock units from MediaAlpha, Inc.
Summary
- Bradley William Hunt, a director at MediaAlpha, Inc., received 23,100 shares of Class A Common Stock on May 14, 2025.
- These shares were granted as restricted stock units under the Issuer's Omnibus Incentive Plan, related to his service on the board.
- 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 May 14, 2026, or the date of the Issuer's 2026 Annual Meeting, contingent upon continued service.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard compensation practices for board members, aligning their interests with the company's performance.
Positives
- The grant of restricted stock units aligns the director's interests with the company's long-term performance.
Future Outlook
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, subject to the Reporting Person's continued service through the applicable vesting date.
Industry Context
Stock grants to board members are a common practice to incentivize and retain talent, aligning their interests with shareholder value.
Comparison to Industry Standards
- Comparing the size of the grant to similar companies in the insurance technology sector would provide context on whether the grant is standard, above average, or below average.
- Companies like EverQuote and GoHealth also use stock-based compensation for their directors.
- Benchmarking against these companies' director compensation packages would be useful.
Stakeholder Impact
- Shareholders may view the stock grant positively as it incentivizes the director to act in the company's best interest.
Key Dates
| Date | Description |
|---|---|
| 05/14/2025 | Date of transaction: Grant of restricted stock units. |
| 05/16/2025 | Date of Form 4 filing. |
| 05/14/2026 | Earliest possible vesting date for the restricted stock units. |
Keywords
MediaAlpha, Director, Stock Units, MAX, Restricted Stock Units, Beneficial Ownership, Form 4
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