Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

MARKETWISE, INC.

MKTW · Nasdaq · CIK 0001805651 · Technology · Financial Data & Stock Exchanges

INSIDER SIGNAL

56.8 / 100

1 buyers · 12 purchase transaction lines · $2.1M gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeModerate
RoleStrong
RecencyLow
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+7.0 / 35
Purchase size+19.7 / 25
Role+20.0 / 20
Recency+0.8 / 10
Conviction+9.3 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
  • ⚠ Purchase activity is becoming less recent
  • ✓ Role scores high · most senior buyer: Director,TenPercentOwner

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
Stansberry Frank PorterDirector,TenPercentOwner
●●●●●●●●○
Galsim MarcoChief Information Officer
○▼
Turner Matthew JosephDirector
○
Tongue Glenn HDirector
○
Smith Matthew TateDirector
○
SIMMONS VAN DDirector
○
● Purchase▼ Sale○ Other

Showing the six most active owners; 2 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: Stansberry Frank Porter · $2.1M
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-05-08–2026-05-22

Roles in the peak window: Director,TenPercentOwner. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

56.8 / 100

Latest recorded score

↓ -0.1 ptsversus the previous recorded snapshot
  1. 57.0
  2. 57.0
  3. 57.0
  4. 56.9
  5. 56.8

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

15Purchases
8Sales
12Other Form 4 lines
22SEC filings · 365 days
BUYING12 qualifying P line(s) · 180 days
SELLING3 sale line(s) · context only
OTHER6 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
+6.9%
3M
-6.6%
6M
+18.6%
12M
+28.3%

Volatility & liquidity

Volatility
71.2%
Beta
—
Avg daily value
USD 339,075

Valuation

Market cap
—
P/E
—

Fundamentals

Profit margin
1.7%
ROE
—
Industry
Financial Data & Stock Exchanges

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Profit margin · Fiscal year ended: 2025-12-31 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
62,885
Previous report
75,815
Avg daily volume
19,028
Days to cover
3.3

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-05-22Stansberry Frank PorterPurchase (P)Class A Common Stock10,000USD 17.88USD 178,800SEC filing ↗
2026-05-20Stansberry Frank PorterPurchase (P)Class A Common Stock20,100USD 17.21USD 345,921SEC filing ↗
2026-05-18Stansberry Frank PorterPurchase (P)Class A Common Stock3,623USD 16.50USD 59,776SEC filing ↗
2026-05-15Stansberry Frank PorterPurchase (P)Class A Common Stock11USD 16.71USD 184SEC filing ↗
2026-05-14Stansberry Frank PorterPurchase (P)Class A Common Stock20,000USD 18.12USD 362,400SEC filing ↗
2026-05-12Stansberry Frank PorterPurchase (P)Class A Common Stock10,000USD 18.50USD 185,000SEC filing ↗
2026-05-11Stansberry Frank PorterPurchase (P)Class A Common Stock10,000USD 18.89USD 188,900SEC filing ↗
2026-05-08Stansberry Frank PorterPurchase (P)Class A Common Stock41,375USD 18.99USD 785,682SEC filing ↗
2026-03-20Stansberry Frank PorterPurchase (P)Class A Common Stock17,270USD 15.19USD 262,375SEC filing ↗
2026-03-19Stansberry Frank PorterPurchase (P)Class A Common Stock23,103USD 14.28USD 329,911SEC filing ↗
2025-06-17Mickels ErikPurchase (P)Class A Common Stock940USD 17.94USD 16,864SEC filing ↗
2024-09-18Tongue Glenn HPurchase (P)Class A Common Stock5,000USD 0.70USD 3,500SEC filing ↗
2024-09-17Tongue Glenn HPurchase (P)Class A Common Stock10,764USD 0.70USD 7,507SEC filing ↗
2024-03-21Mickels ErikPurchase (P)Class A Common Stock11,363USD 1.73USD 19,658SEC filing ↗
2024-03-20Tongue Glenn HPurchase (P)Class A Common Stock5,000USD 1.65USD 8,250SEC filing ↗

Form 4 evidence

35 transaction lines in the latest 365-day window; 292 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-07-01Mickels ErikSale (S)Class A Common Stock3,973USD 19.14USD 76,043SEC filing ↗
2026-07-01Galsim MarcoSale (S)Class A Common Stock3,294USD 19.14USD 63,047SEC filing ↗
2026-07-01Forney Scott DanielSale (S)Class A Common Stock711USD 19.14USD 13,609SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-07-01Mickels ErikSale (S)Class A Common Stock3,973USD 19.14USD 76,043SEC filing ↗
2026-07-01Galsim MarcoSale (S)Class A Common Stock3,294USD 19.14USD 63,047SEC filing ↗
2026-07-01Forney Scott DanielSale (S)Class A Common Stock711USD 19.14USD 13,609SEC filing ↗
2026-06-04Turner Matthew JosephAward / grant (A)Class A Common Stock8,127USD 0.00USD 0SEC filing ↗
2026-06-04Tongue Glenn HAward / grant (A)Class A Common Stock8,127USD 0.00USD 0SEC filing ↗
2026-06-04Stansberry Frank PorterAward / grant (A)Class A Common Stock7,525USD 0.00USD 0SEC filing ↗
2026-06-04Smith Matthew TateAward / grant (A)Class A Common Stock7,525USD 0.00USD 0SEC filing ↗
2026-06-04SIMMONS VAN DAward / grant (A)Class A Common Stock7,525USD 0.00USD 0SEC filing ↗
2026-05-22Stansberry Frank PorterPurchase (P)Class A Common Stock10,000USD 17.88USD 178,800SEC filing ↗
2026-05-20Stansberry Frank PorterPurchase (P)Class A Common Stock20,100USD 17.21USD 345,921SEC filing ↗
2026-05-18Stansberry Frank PorterPurchase (P)Class A Common Stock3,623USD 16.50USD 59,776SEC filing ↗
2026-05-15Stansberry Frank PorterPurchase (P)Class A Common Stock11USD 16.71USD 184SEC filing ↗
2026-05-14Stansberry Frank PorterPurchase (P)Class A Common Stock20,000USD 18.12USD 362,400SEC filing ↗
2026-05-12Stansberry Frank PorterPurchase (P)Class A Common Stock10,000USD 18.50USD 185,000SEC filing ↗
2026-05-11Stansberry Frank PorterPurchase (P)Class A Common Stock10,000USD 18.89USD 188,900SEC filing ↗
2026-05-08Stansberry Frank PorterPurchase (P)Class A Common Stock41,375USD 18.99USD 785,682SEC filing ↗
2026-05-05Galsim MarcoAward / grant (A)Class A Common Stock10,000USD 0.00USD 0SEC filing ↗
2026-03-23Mickels ErikSale (S)Class A Common Stock6,000USD 14.70USD 88,200SEC filing ↗
2026-03-20Stansberry Frank PorterPurchase (P)Class A Common Stock17,270USD 15.19USD 262,375SEC filing ↗
2026-03-19Stansberry Frank PorterPurchase (P)Class A Common Stock23,103USD 14.28USD 329,911SEC filing ↗
2026-03-19Mickels ErikSale (S)Class A Common Stock3,334USD 13.83USD 46,109SEC filing ↗
2026-03-18Mickels ErikSale (S)Class A Common Stock6,666USD 14.10USD 93,991SEC filing ↗
2026-03-13Mickels ErikTax withholding (F)Class A Common Stock5,284USD 14.15USD 74,769SEC filing ↗
2026-03-13Mickels ErikAward / grant (A)Class A Common Stock43,911USD 0.00USD 0SEC filing ↗
2026-03-13Kaufman Steven AndrewTax withholding (F)Class A Common Stock350USD 14.15USD 4,952SEC filing ↗
2026-03-13Galsim MarcoTax withholding (F)Class A Common Stock2,288USD 14.15USD 32,375SEC filing ↗
2026-03-13Forney Scott DanielTax withholding (F)Class A Common Stock805USD 14.15USD 11,391SEC filing ↗
2026-03-13Forney Scott DanielAward / grant (A)Class A Common Stock2,000USD 0.00USD 0SEC filing ↗
2026-03-11Mickels ErikSale (S)Class A Common Stock6,666USD 14.73USD 98,190SEC filing ↗
2026-03-10Mickels ErikSale (S)Class A Common Stock3,334USD 15.20USD 50,677SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerMKTW
CIK0001805651
SectorTechnology
IndustryFinancial Data & Stock Exchanges Yahoo Finance
SEC SIC7372 Services-Prepackaged Software
ExchangeNasdaq

Data coverage

Local Form 4 history292 transaction lines from 2021-07-21 to 2026-07-01
108 P purchase lines · 53 S sale lines · 131 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.