MLNK insider Form 4: shares and RSUs converted to $20 cash
Rhea-AI Filing Summary
MeridianLink, Inc. (MLNK) reported an insider transaction tied to its merger closing. A director filed a Form 4 showing that, at the merger’s effective time on 10/24/2025, each outstanding share of common stock was converted into the right to receive $20.00 in cash, without interest. The filing indicates the reporting person’s beneficial ownership became 0 shares following the transaction.
The filing also notes 18,264 unvested restricted stock units were automatically canceled and converted into a cash right based on the same per‑share merger consideration. The transaction occurred as Merger Sub combined with MeridianLink, which now operates as a wholly owned subsidiary of ML Holdco, Inc.
Positive
- None.
Negative
- None.
Insights
Insider shares and RSUs were cashed out at $20.00 per share upon merger close.
This Form 4 reflects a merger-driven disposition. At the effective time on 10/24/2025, each common share converted into the right to receive $20.00 in cash. The reporting person’s post-transaction beneficial ownership is recorded as 0 shares, consistent with a go-private cash-out structure.
The filing also specifies 18,264 unvested RSUs were canceled and converted into a cash right based on the same per-share merger consideration. MeridianLink now operates as a wholly owned subsidiary of ML Holdco, Inc. Actual investor impact depends on the already-agreed merger terms rather than discretionary insider trading.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock, par value $0.001 | 51,121 | $0.00 | -- |
Footnotes (1)
- This Form 4 reports securities disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated August 11, 2025, by and among the Issuer, ML Holdco, Inc. (as successor in interest to ML Holdco, LLC), a Delaware corporation ("Parent"), and ML Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of ML Holdco ("Merger Sub"). On October 24, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly-owned subsidiary of Parent. Includes 18,264 unvested and outstanding restricted stock units subject to time-based vesting conditions (the "RSUs"). Each RSU represents the contingent right to receive one share of Issuer's Common Stock, par value $0.001 per share (the "Issuer Common Stock") upon vesting and settlement. Pursuant to the Merger Agreement, at the Effective Time, each RSU that was outstanding as of immediately prior to the Effective Time and held by the Reporting Person as of the Effective Time was automatically cancelled and extinguished and converted into the right to receive an amount in cash (without interest and subject to any applicable withholding or other taxes) equal to the product of (i) the Merger Consideration (as defined below) payable with respect to such RSU multiplied by (ii) the aggregate number of shares of Issuer Common Stock subject to such RSU immediately prior to the Effective Time. Pursuant to the terms of the Merger Agreement, at the Effective Time, each outstanding share of Issuer Common Stock was automatically cancelled and converted into the right to receive $20.00 in cash, without interest (the "Merger Consideration"), less any applicable withholding taxes.
