Match Group Director Schiffman Sells 20,030 Shares for $736,703
Insider exercised options at $24.45 and immediately disposed of shares at $36.78, reducing direct holdings by 27% while retaining $2.18 million in equity.
Overview
Glenn Schiffman, a Director at Match Group, Inc. (NASDAQ:MTCH), executed an exercise of 20,030 options at $24.45 per share and subsequently disposed of 20,030 shares at $36.78 per share on August 11, 2026. SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average purchase price ($36.78); post-transaction value based on August 11, 2026 market close ($36.80).
Details
Match Group is a leading global digital dating and social connection platform operator with a market capitalization of $8.4 billion and TTM revenue of $3.5 billion. The company maintains a diversified brand portfolio spanning multiple geographies and user preferences, generating strong profitability with TTM net income of $707.8 million. Match Group's competitive advantage derives from its network effects, brand recognition, and ability to cross-monetize users across its complementary platform ecosystem.
Source
Originally published at www.fool.com.