Nerdwallet, Inc. SEC Filings

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.

NerdWallet (NRDS) posted a strong turnaround in Q2 2025. Revenue rose 24% YoY to $186.9 m, led by Insurance (+86%) and Emerging Verticals (+64%), offsetting a 25% drop in Credit-Card revenue. Six-month sales reached $396.1 m (+27%).

Disciplined cost control and higher operating leverage flipped operating results to a $10.7 m profit (-$9.6 m LY). Net income was $8.2 m or $0.11 EPS versus a -$0.12 loss. Adjusted EBITDA more than doubled to $33.6 m (18% margin) and non-GAAP operating income hit $20.7 m. Cash & equivalents climbed to $105.3 m (from $66.3 m YE), aided by $44.2 m operating cash flow and an $8.7 m draw on a mortgage warehouse line.

Key spend items: performance marketing surged 50% YoY to $89.5 m, comprising 70% of S&M, while R&D and G&A fell 21% and 17%, respectively. The company closed a $5 m tuck-in acquisition on 13 Jun 2025 and amended an Arizona lease, adding a $4 m ROU asset. No share repurchases occurred; $25 m authorization remains.

NerdWallet (NRDS) Form 4: On 11 Jul 2025 Chief Business Officer Samuel Yount satisfied tax withholding related to vested RSUs. The company withheld 201,544 Class A shares (Transaction Code F) at an assigned price of $10.59 per share. No open-market sale or purchase occurred.

Post-transaction, Yount’s direct beneficial ownership stands at 445,697 Class A shares, which includes 138,438 unvested RSUs. He also holds 401,751 shares via family trusts and 201,051 shares through an LLC, bringing total beneficial ownership to roughly 1.05 million shares.

The filing reflects routine equity-compensation tax settlement; it neither signals insider sentiment nor alters derivative exposure. No other material transactions or derivative activities were reported.

NerdWallet, Inc. (NASDAQ: NRDS) filed an 8-K disclosing that on June 13, 2025 it executed a Third Amendment to its September 26, 2023 Credit Agreement with JPMorgan Chase Bank, N.A. and a syndicate of lenders.

The amendment is classified as a Material Definitive Agreement (Item 1.01) and makes four key changes:

• Unrestricted subsidiaries: Several wholly-owned subsidiaries are re-designated as unrestricted, removing them from most covenant calculations.
• Acquisition authority: These unrestricted subsidiaries are now permitted to make acquisitions without prior lender consent.
• Investment capacity: The parent company may invest up to $20 million per fiscal year in unrestricted subsidiaries.
• Administrative relief: Certain post-closing deliverables from the original 2023 credit closing are waived.

All other material terms, including pricing, maturity, and existing covenants, remain unchanged. The complete amendment will be filed as an exhibit with the company’s Form 10-Q for the quarter ending June 30, 2025.

No financial performance metrics, changes in debt limits, interest rates, or guidance were provided in this filing.