Form 4: MeridianLink Director Sells Shares in Multiple Transactions

A MeridianLink director, Timothy Nguyen, sold a total of 32,776 shares of common stock in multiple transactions over two days.

Summary

• Timothy Nguyen, a director at MeridianLink, Inc., sold 10,776 shares of common stock on November 25, 2024, at a weighted average price of $23.0212 per share.
• He then sold an additional 22,000 shares on November 26, 2024, at a weighted average price of $23.1101 per share.
• These transactions reduced his indirect holdings to 10,729,935 shares held through SCML, LLC and 814,526 shares held through KCD30, LLC.
• The sales were executed in multiple transactions with prices ranging from $23.00 to $23.08 on November 25th and $23.00 to $23.1955 on November 26th.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of stock sales by a company director, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The reported sales are within the normal range of insider trading activity.
• Similar filings can be seen across the industry for directors and officers of public companies.

Stakeholder Impact

• The stock sales may have a minor impact on the share price, but are unlikely to significantly affect stakeholders.

Key Dates

Keywords

MeridianLink, MLNK, stock sale, insider trading, Form 4, Timothy Nguyen, director