Nerdwallet, Inc. SEC Filings

NerdWallet, Inc. executive reports stock sale

Samuel Yount, Chief Business Officer of NerdWallet, Inc. (NRDS), reported selling 12,129 shares of Class A common stock on 11/13/2025. The shares were sold at a weighted average price of $14.34, with individual trade prices ranging from $14.25 to $14.48. The filing notes that full trade details are available upon request.

After this transaction, Yount reports indirect beneficial ownership of 389,622 shares held by trusts and 201,051 shares held by an LLC, as well as 442,219 shares held directly. The directly held amount includes 127,328 RSUs payable in Class A common stock and 1,384 shares acquired under NerdWallet’s Employee Stock Purchase Plan on 10/31/2025.

NerdWallet (NRDS) reported strong Q3 results. Revenue rose to $215.1 million from $191.3 million, and net income improved to $26.3 million from $0.1 million. Income from operations increased to $34.4 million as total costs and expenses fell year over year. For the first nine months, revenue reached $611.2 million with net income of $34.7 million, reversing a prior-year loss.

Growth was led by Loans revenue up 66% and Emerging verticals up 83% in Q3, while Credit cards declined 25% amid ongoing organic search pressure. Sales and marketing rose 6% in Q3, driven by higher performance marketing, while R&D and G&A decreased. Adjusted EBITDA was $53.6 million with a 25% margin; non‑GAAP operating income was $41.3 million.

Liquidity strengthened: cash and cash equivalents were $120.6 million at quarter end, with $92.7 million net cash from operating activities year-to-date and no borrowings on the $125.0 million revolver. The company repurchased 1.8 million shares for $19.2 million in Q3 and a further 2.3 million shares for $25.5 million after quarter end, leaving $30.3 million authorized as of November 5. A $5.0 million acquisition closed in June; contribution was not material.

NerdWallet, Inc. (NRDS) furnished an 8-K announcing third-quarter 2025 results. The company reported that it issued a press release for the quarter ended September 30, 2025, and made a shareholder letter available on its investor relations website. The press release is attached as Exhibit 99.1.

Information provided under Items 2.02 and 7.01 is furnished, not filed, and is not incorporated by reference into other SEC filings unless expressly stated. The shareholder letter is available at https://investors.nerdwallet.com.

NerdWallet, Inc. (NRDS) Chief Accounting Officer Nicholas Tatum reported sales and a charitable gift of Class A common stock on 10/02/2025. The filing shows a sale of 4,272 shares at $10.76 per share executed under a Rule 10b5-1 trading plan adopted 05/29/2025, and a gift of 2,055 shares to a donor-advised fund at no consideration. After these transactions, the reporting person holds 65,965 shares beneficially, which includes 47,234 restricted stock units payable in Class A common stock. The Form 4 was signed by an attorney-in-fact on 10/06/2025.

NERDWALLET, INC. (NRDS) filed a Form 144 notifying the proposed Rule 144 sale of 4,272 Class A shares through Fidelity Brokerage Services with an aggregate market value of $45,966.72, and an approximate sale date of 10/02/2025 on NASDAQ. The filing shows those shares were acquired through restricted stock vesting on three dates: 12/01/2023 (1,682 shares), 09/01/2024 (1,697 shares) and 09/01/2025 (893 shares), with payment characterized as compensation. The filer reports no securities sold in the past three months and includes the standard signature representation about absence of undisclosed material adverse information.

NerdWallet, Inc. (NRDS) filed a Form 8-K reporting an amendment to its share repurchase authorization. The filing explains that repurchases may be made from time to time in the open market, through privately negotiated transactions, or by other means permitted by law. The company said the amount and timing of any repurchases will be determined at management's discretion and will depend on business, economic and market conditions, prevailing stock prices, and regulatory requirements. The authorization has no fixed expiration date, does not obligate the company to buy any specific dollar amount or number of shares, and may be amended, suspended, or discontinued at any time.

Samuel Yount, Chief Business Officer of NerdWallet, Inc. (NRDS) reported a Section 16 Form 4 disclosing a non-derivative disposition tied to RSU vesting. On 09/02/2025, 4,862 shares of Class A Common Stock were disposed of through share withholding to satisfy tax obligations at a price of $10.26 per share. After the transaction, Mr. Yount is reported to beneficially own 440,835 shares directly and additional indirect holdings of 401,751 shares by trusts and 201,051 shares by an LLC. The filing notes 127,328 RSUs payable solely in Class A Common Stock are included in the reported totals.

Tim Chao-Ming Chen, who serves as Chief Executive Officer, Director and a reported 10% owner of NerdWallet, Inc. (NRDS), reported transactions on a Form 4 dated 09/02/2025. The filing shows 15,310 shares of Class A Common Stock were disposed of under transaction code F at a price of $10.26 per share. The report states those shares were withheld by the issuer to satisfy tax withholding related to the vesting of restricted stock units (RSUs). After the reported transactions, Mr. Chen beneficially owns 588,596 shares, which include 136,327 RSUs payable solely in Class A Common Stock. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Chen on 09/04/2025.

Nicholas Tatum, Chief Accounting Officer of NerdWallet, Inc. (NRDS), reported a transaction dated 09/02/2025 related to vested restricted stock units. The filing shows 2,511 shares of Class A common stock were disposed (transaction code F) at a price of $10.26 per share; the filing explains these shares were withheld by the issuer to satisfy tax withholding on RSU vesting. After the withholding, Mr. Tatum beneficially owned 72,292 shares of Class A common stock, which includes 47,234 RSUs payable solely in Class A shares.

The Form 4 was signed on behalf of Mr. Tatum by an attorney-in-fact on 09/04/2025. The disclosure is a routine insider tax-withholding transaction tied to equity compensation and does not itself report a voluntary sale for liquidity.