NerdWallet (NASDAQ: NRDS) CFO granted new stock options and RSUs

Rhea-AI Filing Summary

NERDWALLET, INC. Chief Financial Officer Jun Hyung Lee reported compensation-related equity grants, not open-market trades. He received 256,653 employee stock options to buy Class A Common Stock at an exercise price of $10.1800 per share, expiring on March 17, 2036. He was also granted 128,326 Restricted Stock Units (RSUs) payable solely in Class A Common Stock, contributing to a total of 415,958 RSUs reported as of this filing. The option vests monthly, with 1/48 of the shares vesting on each monthly anniversary starting March 18, 2026, so the award becomes fully vested on the fourth anniversary of that date. Following these grants, Lee directly holds 831,916 options and 415,958 RSUs, showing a substantial ongoing equity stake aligned with company performance.

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
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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)
03/18/2026

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	03/18/2026		A		128,326(1)	A	$0	415,958(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
Employee Stock Options (right to buy)	$10.18	03/18/2026		A		256,653		(3)	03/17/2036	Class A Common Stock	256,653	$0	831,916	D

Explanation of Responses:

1. Represents Restricted Stock Units ("RSUs") payable solely in Class A Common Stock of the Issuer.

2. Includes 415,958 RSUs payable solely in the Class A Common Stock of the Issuer.

3. 1/48th of the shares subject to the option vest on each monthly anniversary measured from 3/18/2026, the vesting commencement date ("VCD"), such that 100% of the shares subject to the option will be fully vested on the fourth anniversary of the VCD.

Remarks:

	/s/ Mary Nuttall, Attorney-In-Fact for Jun Hyung Lee	03/20/2026
	** 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)

FAQ

What equity awards did NerdWallet (NRDS) CFO Jun Hyung Lee receive?

NerdWallet CFO Jun Hyung Lee received stock options and RSUs as compensation. He was granted 256,653 employee stock options at a $10.18 exercise price and 128,326 RSUs payable solely in Class A Common Stock, increasing his overall equity-based stake.

Were Jun Hyung Lee’s NerdWallet (NRDS) transactions open-market buys or sells?

The reported transactions were equity grants, not open-market buys or sells. Both entries use code A, indicating grant or award acquisitions for compensation, so they do not reflect trading decisions in the market by the CFO.

How many stock options does the NerdWallet (NRDS) CFO now hold after this Form 4?

After these awards, the NerdWallet CFO holds 831,916 employee stock options. This figure includes the new 256,653-option grant, providing considerable potential future ownership tied to the company’s share price performance and long-term results.

What are the terms of the new NerdWallet (NRDS) CFO stock option grant?

The new stock option grant covers 256,653 shares with a $10.18 exercise price. It vests monthly, with 1/48 of the options vesting each month from March 18, 2026, and will be fully vested on the fourth anniversary of that vesting commencement date.

How many RSUs related to NerdWallet (NRDS) does the CFO hold after the filing?

The filing states the CFO’s holdings include 415,958 RSUs payable solely in Class A Common Stock. This total incorporates the newly granted 128,326 RSUs and represents a significant component of his long-term equity compensation at NerdWallet.

When do Jun Hyung Lee’s new NerdWallet (NRDS) options expire?

The newly granted employee stock options to the NerdWallet CFO expire on March 17, 2036. This long-dated expiration gives him a decade-long window after vesting to exercise the options, aligning incentives with the company’s longer-term stock performance.