NerdWallet director awarded 19,494 RSUs in stock
NerdWallet director Lynne Marie Laube received an equity award of 19,494 Restricted Stock Units (RSUs) payable in Class A Common Stock.
Rhea-AI Filing Summary
NerdWallet director Lynne Marie Laube received an equity award of 19,494 Restricted Stock Units (RSUs) payable in Class A Common Stock. The RSUs were granted at no cash cost to her as compensation and will settle in shares of NerdWallet stock.
Following this award, Laube now holds 79,627 shares and RSUs of NerdWallet directly, according to the filing. This transaction reflects a grant or award acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insights
Routine RSU grant to NerdWallet director with no open-market trading.
Director Lynne Marie Laube received 19,494 RSUs, a form of stock-based compensation that will convert into Class A Common Stock. The grant carries a zero dollar exercise or purchase price, indicating it is an award, not a market transaction.
After the grant, her direct holdings total 79,627 shares and RSUs, suggesting this is a standard board compensation event. With no sales or option exercises reported and no derivative positions listed, the filing shows a straightforward increase in equity-based alignment with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,494 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents Restricted Stock Units ("RSUs") payable solely in Class A Common Stock of the Issuer.
- F2. Includes 19,494 RSUs payable solely in Class A Common Stock of the Issuer.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Class A Common Stock financial
Form 4 regulatory
FAQ
What did NerdWallet (NRDS) director Lynne Marie Laube receive in this Form 4 filing?
Was there any open-market buying or selling of NerdWallet (NRDS) stock in this Form 4?
What does the ‘A’ transaction code mean in this NerdWallet (NRDS) Form 4?
Are the 19,494 RSUs in NerdWallet (NRDS) payable in cash or stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.