NerdWallet CFO reports tax-withholding share disposition

Rhea-AI Filing Summary

NERDWALLET, INC. Chief Financial Officer Jun Hyung Lee reported a tax-related share disposition tied to vesting equity awards. The company withheld 47,876 shares of Class A Common Stock at $8.75 per share to cover tax withholding obligations from vested Restricted Stock Units (RSUs). After this withholding, Lee directly holds 368,082 shares of Class A Common Stock. This position includes 321,058 RSUs that will be settled in Class A Common Stock as they vest over time. The event reflects routine equity compensation and tax treatment rather than an open-market trade.

Insider Trade Summary

Exercise Price or Tax Liability: 47,876 shares

Exercise Price or Tax Liability 1 txn

Insider Lee Jun Hyung

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Class A Common Stock	47,876	$8.75	$419K

Holdings After Transaction: Class A Common Stock — 368,082 shares (Direct)

Footnotes (2)

1. F1. Shares withheld by the Issuer to satisfy tax withholding obligation due to vesting of Restricted Stock Units ("RSUs").
2. F2. Includes 321,058 RSUs payable solely in the Class A Common Stock of the Issuer.

Key Figures

Shares withheld for taxes: 47,876 shares Withholding price per share: $8.75 per share Shares held after transaction: 368,082 shares +1 more

4 metrics

Shares withheld for taxes 47,876 shares Withheld to satisfy RSU tax withholding obligation

Withholding price per share $8.75 per share Value used for tax-withholding disposition

Shares held after transaction 368,082 shares Direct Class A Common Stock holdings post-transaction

Outstanding RSUs 321,058 RSUs Payable solely in Class A Common Stock

Key Terms

Restricted Stock Units ("RSUs"), tax withholding obligation, Class A Common Stock, tax-withholding disposition

4 terms

Restricted Stock Units ("RSUs") financial

"Shares withheld by the Issuer to satisfy tax withholding obligation due to vesting of Restricted Stock Units ("RSUs")."

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

tax withholding obligation financial

"Shares withheld by the Issuer to satisfy tax withholding obligation due to vesting of Restricted Stock Units ("RSUs")."

Class A Common Stock financial

"Includes 321,058 RSUs payable solely in the Class A Common Stock of the Issuer."

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did NerdWallet (NRDS) report for CFO Jun Hyung Lee?

NerdWallet reported a tax-withholding disposition for CFO Jun Hyung Lee. The company withheld 47,876 Class A shares at $8.75 per share to satisfy tax obligations triggered by vesting Restricted Stock Units, rather than an open-market sale of shares.

How many NerdWallet (NRDS) shares does the CFO hold after this Form 4 filing?

After the reported transaction, CFO Jun Hyung Lee holds 368,082 shares of NerdWallet Class A Common Stock. This figure reflects his direct ownership following the tax-withholding share disposition related to vesting Restricted Stock Units described in the Form 4.

Was the NerdWallet (NRDS) CFO transaction an open-market sale of shares?

The transaction was not an open-market sale. NerdWallet withheld 47,876 shares from CFO Jun Hyung Lee to cover tax withholding obligations on vesting Restricted Stock Units, a common non-market mechanism used to settle equity-related tax liabilities.

What role do Restricted Stock Units (RSUs) play in this NerdWallet (NRDS) Form 4?

The Form 4 shows shares withheld for taxes due to vesting Restricted Stock Units. It also notes 321,058 RSUs remain outstanding, payable solely in NerdWallet Class A Common Stock as they vest, forming a significant part of the CFO’s equity-based compensation.

How many RSUs does the NerdWallet (NRDS) CFO still have after this transaction?

Footnotes indicate CFO Jun Hyung Lee has 321,058 Restricted Stock Units outstanding. These RSUs are payable solely in NerdWallet Class A Common Stock and will convert into shares as they vest according to the company’s equity compensation terms.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 05:27 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lee Jun Hyung

(Last) (First) (Middle)

C/O NERDWALLET, INC.

4150 N. DRINKWATER BLVD., SUITE 200

(Street)

SCOTTSDALE ARIZONA 85251

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NERDWALLET, INC. [ NRDS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	06/01/2026		F		47,876(1)	D	$8.75	368,082(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld by the Issuer to satisfy tax withholding obligation due to vesting of Restricted Stock Units ("RSUs").

2. Includes 321,058 RSUs payable solely in the Class A Common Stock of the Issuer.

Remarks:

	/s/ Bridgett Gatewood, Attorney-In-Fact for Jun Hyung Lee	06/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)