NerdWallet (NRDS) director Anthony Ling awarded 19,494 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ling Anthony reported acquisition or exercise transactions in this Form 4 filing.
NerdWallet director Anthony Ling received an equity award in the form of Restricted Stock Units (RSUs). On this Form 4, Ling was granted 19,494 RSUs payable solely in Class A Common Stock of NerdWallet at no cash cost per share.
After this grant, Ling directly holds 55,436 shares of Class A Common Stock, which the disclosure notes includes 31,492 RSUs payable solely in Class A Common Stock. This filing reflects a compensation-related stock award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ling Anthony
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,494 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 55,436 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") payable solely in Class A Common Stock of the Issuer. Includes 31,492 RSUs payable solely in the Class A Common Stock of the Issuer.
Key Figures
RSU grant size: 19,494 shares
Grant price: $0.00 per share
Total holdings after grant: 55,436 shares
+1 more
4 metrics
RSU grant size
19,494 shares
RSUs payable solely in Class A Common Stock granted to Anthony Ling
Grant price
$0.00 per share
Stated price for RSU grant on Class A Common Stock
Total holdings after grant
55,436 shares
Class A Common Stock directly held by Anthony Ling following transaction
RSUs included in holdings
31,492 RSUs
RSUs payable solely in Class A Common Stock included in post-transaction total
Key Terms
Restricted Stock Units ("RSUs"), Class A Common Stock, grant, award, or other acquisition, Form 4
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") payable solely in Class A Common Stock"
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.
Class A Common Stock financial
"payable solely in 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did NerdWallet (NRDS) report for Anthony Ling?
NerdWallet reported that director Anthony Ling received a grant of 19,494 Restricted Stock Units (RSUs) payable solely in Class A Common Stock. The award was recorded at a price of $0.00 per share, indicating a compensation-related equity grant rather than a market purchase.
What type of security was granted to Anthony Ling by NerdWallet (NRDS)?
Anthony Ling received Restricted Stock Units, or RSUs, linked to NerdWallet’s Class A Common Stock. The footnotes clarify that these RSUs are payable solely in Class A Common Stock, meaning he will receive company shares rather than cash when the units settle in the future.
What does the transaction code on Anthony Ling’s NerdWallet (NRDS) Form 4 mean?
The transaction uses code “A,” which the filing describes as a grant, award, or other acquisition. In this case, it corresponds to 19,494 RSUs of NerdWallet Class A Common Stock being granted to Anthony Ling, rather than him purchasing shares in the market.