[144] NERDWALLET, INC. SEC Filing
Rhea-AI Filing Summary
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.
Positive
- Disclosure made under Rule 144, providing regulatory transparency about insider selling plans
- Detailed acquisition history shown: 1,682 shares (12/01/2023), 1,697 shares (09/01/2024), 893 shares (09/01/2025)
- No securities sold in the past three months reported by the filer
Negative
- Proposed sale of 4,272 Class A shares with aggregate market value of $45,966.72
- Insider monetization of compensation-originated shares (restricted stock vesting)
Insights
TL;DR: Small, routine insider sale notice; unlikely to be material to NRDS shareholders.
The filing documents a proposed sale of 4,272 Class A shares valued at $45,966.72 via Fidelity on NASDAQ. The shares originated from restricted stock vesting across three dates and are labeled as compensation. No prior sales in the last three months are reported. From an investor-significance perspective, the quantity and value represent a very small fraction of the 44,314,455 shares outstanding reported in the form, indicating this is a routine disclosure for compliance with Rule 144 rather than a material event.
TL;DR: Disclosure aligns with regulatory requirements; provides transparency on insider equity monetization.
The notice properly identifies the broker, planned sale date, and the acquisition method (restricted stock vesting) with dates and share counts. The filer also affirms no undisclosed material adverse information. This record supports transparency around insider transactions and trading plan compliance; the disclosed sale size relative to outstanding shares suggests limited governance or control implications.