Form 4: MeridianLink Director Timothy Nguyen Donates 200,000 Shares to Charity

Director Timothy Nguyen of MeridianLink, Inc. reports a charitable gift of 200,000 shares of common stock and indirect beneficial ownership of over 11 million shares.

Summary

• On June 11, 2024, Timothy Nguyen, a director at MeridianLink, Inc., reported a transaction involving the company's common stock.
• Nguyen made a charitable gift of 200,000 shares of common stock to a donor advised fund.
• The shares were valued at $0 for the purpose of the transaction.
• Following the transaction, Nguyen directly owns no shares and indirectly owns 814,526 shares through KCD30, LLC, and 11,067,120 shares through SCML, LLC.
• Nguyen is the sole manager of KCD30, LLC and may be deemed the beneficial owner of the shares held by it.
• The sole member of SCML, LLC is Apichat Treerojporn as trustee of the 2020 Timothy Nguyen Irrevocable Trust, and Nguyen may be deemed the beneficial owner of the shares held by it.

Sentiment

Score: 5

Explanation: Neutral sentiment as it reports a routine transaction (charitable donation) by a company director.

Positives

• A charitable donation of shares can be viewed positively by investors.

Industry Context

Form 4 filings are a routine part of insider trading disclosures and provide transparency into the transactions of company insiders.

Stakeholder Impact

• The charitable donation has a minimal direct impact on stakeholders.

Key Dates