Form 4: MeridianLink Officer Chris Maloof Reports Tax Withholding Transaction

Chris Maloof, President, Go To Market at MeridianLink, Inc., reports a transaction involving the withholding of shares to cover tax obligations upon vesting of restricted stock units.

Summary

• On July 1, 2024, Chris Maloof, President, Go To Market at MeridianLink, Inc., had 16,747 shares of common stock withheld by the issuer to satisfy tax obligations.
• The price per share for the transaction was $21.36.
• Following the transaction, Maloof directly owns 327,948 shares of MeridianLink, Inc.
• Maloof has granted a Limited Power of Attorney to Larry Katz, Kayla Dailey, and Daniel Callaghan to execute SEC forms on his behalf.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. There are no indications of positive or negative sentiment, but the transparency is generally viewed favorably.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting changes in their beneficial ownership of company stock. It reflects routine transactions related to executive compensation and tax obligations.

Comparison to Industry Standards

• Form 4 filings are a standard part of corporate governance and are required by the SEC for officers and directors of publicly traded companies.
• The reporting requirements are consistent across all companies listed on U.S. exchanges, ensuring transparency in insider transactions.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders, as it relates to tax obligations of an officer.
• The filing ensures transparency, which is beneficial for maintaining investor confidence.

Key Dates