Form 4: MeridianLink Director Sells Shares in Open Market Transaction

A director of MeridianLink, Inc. sold 30 shares of common stock at $23 per share, according to a recent SEC filing.

Summary

• Timothy Nguyen, a director at MeridianLink, Inc., sold 30 shares of common stock on December 12, 2024.
• The sale was executed at a price of $23 per share.
• Following the transaction, Mr. Nguyen indirectly beneficially owns 10,612,415 shares through SCML, LLC and 814,526 shares through KCD30, LLC.
• The shares held by SCML, LLC are managed by Apichat Treerojporn as trustee of the 2020 Timothy Nguyen Irrevocable Trust, for the benefit of Mr. Nguyen and his family.
• Mr. Nguyen is the sole manager of KCD30, LLC and has sole voting and dispositive power over the shares held by this entity.

Sentiment

Score: 5

Explanation: The document is a neutral report of a routine insider transaction, with no indication of positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction and is typical for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting insider transactions in publicly traded companies.
• The transaction is small in volume and does not appear to be unusual compared to other insider transactions.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders due to the small volume of shares sold.

Key Dates

Keywords

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