Form 4: MediaAlpha Executive Coyne Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Coyne, General Counsel and Secretary of MediaAlpha, reports transactions involving Class A Common Stock and Restricted Stock Units.
Summary
- On February 15, 2025, Jeffrey Coyne, General Counsel and Secretary of MediaAlpha, reported several transactions.
- These transactions involved the vesting of Restricted Stock Units (RSUs) and the subsequent issuance of Class A Common Stock.
- Shares were also withheld by the Issuer to cover tax obligations related to the RSU settlements.
- Coyne's direct ownership of Class A Common Stock following these transactions is 253,539 shares.
- Coyne also directly owns 26,175 derivative securities.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| May 5, 2021 | Date of RSU grant under the Issuer's Omnibus Equity Incentive Plan. |
| August 15, 2021 | Date of RSU grant under the Issuer's Omnibus Equity Incentive Plan. |
| March 15, 2022 | Date of RSU grant under the Issuer's Omnibus Equity Incentive Plan. |
| May 15, 2022 | One quarter of the RSUs granted May 5, 2021 vested. |
| August 15, 2022 | One quarter of the RSUs granted August 15, 2021 vested. |
| February 15, 2025 | Date of reported transactions: vesting of RSUs and withholding of shares for taxes. |
| February 18, 2025 | Date of signature for the Form 4 filing. |
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