NerdWallet (NRDS) CBO reports RSU tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NERDWALLET, INC. Chief Business Officer Samuel Yount reported a tax-related share disposition connected to the vesting of restricted stock units. On Class A common stock, 3,779 shares were withheld by the company at a price of $11.08 per share to cover tax obligations, described as a payment of tax liability by delivering securities. After this non-market transaction, Yount held 433,578 Class A shares directly, which include 105,107 restricted stock units payable solely in Class A stock. He also reported indirect ownership of 355,806 shares held by trusts and 201,051 shares held by an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
YOUNT SAMUEL
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 3,779 | $11.08 | $42K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 433,578 shares (Direct);
Class A Common Stock — 355,806 shares (Indirect, By Trusts)
Footnotes (1)
- Shares withheld by the Issuer to satisfy tax withholding obligation due to the vesting of Restricted Stock Units ("RSUs"). Includes 105,107 RSUs payable solely in the Class A Common Stock of the Issuer.
FAQ
What insider transaction did NRDS Chief Business Officer Samuel Yount report?
Samuel Yount reported a tax-withholding disposition of 3,779 shares of NerdWallet Class A common stock. The shares were withheld by the company to satisfy tax obligations arising from the vesting of restricted stock units rather than an open-market sale.
Was Samuel Yount’s NRDS Form 4 transaction an open-market sale or purchase?
The Form 4 transaction was not an open-market trade. It reflects a tax-withholding disposition, where 3,779 shares were retained by NerdWallet to cover tax obligations tied to restricted stock unit vesting rather than a discretionary sale or purchase.