Topline Capital sells 1,961,860 NerdWallet shares

Topline Capital Partners, LP, a ten percent owner of NERDWALLET, INC., reported a series of open-market sales of Common Stock.

Rhea-AI Filing Summary

Topline Capital Partners, LP, a ten percent owner of NERDWALLET, INC., reported a series of open-market sales of Common Stock. Across three days, it sold 919,153 shares at $8.95 on June 26, 587,835 shares at $9.22 on June 29, and 454,872 shares at $9.27 on June 30. After these transactions, Topline Capital Partners directly holds 3,289,285 NerdWallet common shares. These are discretionary open-market sales by a large shareholder, not option exercises or tax-related transactions.

Insights

Equity ownership analyst

Large shareholder trimmed its NerdWallet position through open-market sales.

Topline Capital Partners, LP executed three open-market sales of NerdWallet Common Stock, totaling 1,961,860 shares, at prices between $8.95 and $9.27. These are straightforward sales, with no derivative exercises, gifts, or tax-withholding transactions disclosed.

Following the sales, Topline Capital Partners directly holds 3,289,285 shares, so it remains a significant shareholder. The filing does not reference any Rule 10b5-1 trading plan, indicating these sales are reported simply as discretionary open-market transactions.

Insider Trade Summary

Net Seller: 1,961,860 shares

Net Sell 3 txns

Insider Topline Capital Partners, LP

Role 10% Owner

Sold 1,961,860 shs ($17.86M)

Type	Security	Shares	Price	Value
Sale	Common Stock	454,872	$9.27	$4.22M
Sale	Common Stock	587,835	$9.22	$5.42M
Sale	Common Stock	919,153	$8.95	$8.23M

Holdings After Transaction: Common Stock — 3,289,285 shares (Direct)

Key Figures

Total shares sold: 1,961,860 shares Shares sold on June 26, 2026: 919,153 shares at $8.95 Shares sold on June 29, 2026: 587,835 shares at $9.22 +3 more

6 metrics

Total shares sold 1,961,860 shares Aggregate open-market sales in June 2026

Shares sold on June 26, 2026 919,153 shares at $8.95 Open-market sale of Common Stock

Shares sold on June 29, 2026 587,835 shares at $9.22 Open-market sale of Common Stock

Shares sold on June 30, 2026 454,872 shares at $9.27 Open-market sale of Common Stock

Shares held after final transaction 3,289,285 shares Direct NerdWallet Common Stock holding

Net share change -1,961,860 shares Net-sell direction from transaction summary

Key Terms

open-market sale, ten percent owner, Common Stock, non-derivative

4 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

ten percent owner financial

""is_ten_percent_owner": 1"

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

non-derivative financial

""transaction_type": "non-derivative""

FAQ

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

What did Topline Capital Partners report in this NerdWallet (NRDS) Form 4?

Topline Capital Partners, LP reported selling NerdWallet Common Stock in three open-market transactions. It sold a total of 1,961,860 shares at prices between $8.95 and $9.27, and now directly holds 3,289,285 NerdWallet common shares after these sales.

How many NerdWallet shares did Topline Capital Partners sell and at what prices?

Topline Capital Partners sold 919,153 NerdWallet shares at $8.95, 587,835 shares at $9.22, and 454,872 shares at $9.27. Altogether, the Form 4 shows open-market sales of 1,961,860 NerdWallet Common Stock shares across three trading days.

How many NerdWallet (NRDS) shares does Topline Capital Partners hold after these transactions?

After the reported sales, Topline Capital Partners directly holds 3,289,285 NerdWallet Common Stock shares. This post-transaction balance reflects the remaining position following total open-market sales of 1,961,860 shares disclosed in the Form 4 filing.

Were these NerdWallet share transactions by Topline Capital option exercises or derivative-related?

No, the Form 4 classifies all three transactions as non-derivative Common Stock sales with code "S" for open-market or private sale. The derivative section is empty, indicating no option exercises, conversions, or other derivative-related activities in this filing.

Is Topline Capital Partners considered a major NerdWallet shareholder in this Form 4?

Yes, the reporting information identifies Topline Capital Partners, LP as a ten percent owner of NerdWallet. Even after selling 1,961,860 shares, the entity remains a significant holder with 3,289,285 shares of NerdWallet Common Stock reported as held directly.

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

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Accepted by SEC EDGAR 06/30/2026 - 04:51 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^*

Topline Capital Partners, LP

(Last) (First) (Middle)

544 EUCLID STREET

(Street)

SANTA MONICA CALIFORNIA 90402

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026

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
Common Stock	06/26/2026		S		919,153	D	$8.95	4,331,992	D
Common Stock	06/29/2026		S		587,835	D	$9.22	3,744,157	D
Common Stock	06/30/2026		S		454,872	D	$9.27	3,289,285	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:

	Topline Capital Partners, LP By: Topline Capital Management, LLC, the general partner By: Collin McBirney, its Managing Member	06/30/2026
	** 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)