Form 4: MediaAlpha Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Lauren StClair was granted 20,900 restricted stock units as part of her board service compensation.
Summary
- Director Lauren StClair acquired 20,900 restricted stock units (RSUs) of MediaAlpha, Inc. (MAX) Class A Common Stock.
- The grant was issued on May 15, 2026, under the company's Omnibus Incentive Plan.
- Each RSU represents a contingent right to receive one share of Class A Common Stock upon vesting.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is subject to the director's continued service through the vesting date.
Future Outlook
The RSUs are scheduled to vest on the earlier of May 5, 2027, or the date of the 2027 Annual Meeting, contingent upon continued service.
Industry Context
StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure long-term alignment between directors and shareholders.
Comparison to Industry Standards
- The grant of restricted stock units as board compensation is consistent with standard practices for publicly traded technology and marketing services companies.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock units to a director under the Omnibus Incentive Plan. | 05/15/2026 | Standard alignment of director incentives. |
Stakeholder Impact
- Shareholders: Minimal impact; represents standard director compensation.
Next Steps
- Vesting of restricted stock units on May 5, 2027, or the 2027 Annual Meeting date.
Key Dates
| Date | Description |
|---|---|
| 05/15/2026 | Date of the RSU grant transaction. |
| 05/22/2026 | Date the Form 4 was signed and filed. |
| 05/05/2027 | Scheduled vesting date for the restricted stock units. |
Keywords
MediaAlpha, MAX, Form 4, Insider Trading, Equity Compensation, Director Compensation
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