STOCK TITAN

Wise Group (WSE) Chief Product Officer reports multi‑million share and option stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Wise Group plc Chief Product Officer Nilan Peiris has filed an initial ownership report showing his equity position in the company. The filing lists 1,125,790 Class B Ordinary Shares and 2,364,221 Class A Ordinary Shares held directly as of the reporting date.

He also holds various equity awards, including multiple tranches of Restricted Share Units tied to Wise Class A Ordinary Shares and 815,285 nil-cost options that are fully vested and exercisable, expiring on January 20, 2032. The RSUs are scheduled to vest in equal installments starting on July 15, 2026, contingent on continued service.

Positive

  • None.

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Insider Peiris Nilan
Role Chief Product Officer
Type Security Shares Price Value
holding Nil Cost Options (Right to Buy) -- -- --
holding Restricted Share Units -- -- --
holding Restricted Share Units -- -- --
holding Restricted Share Units -- -- --
holding Restricted Share Units -- -- --
holding Class A Ordinary Shares -- -- --
holding Class B Ordinary Shares -- -- --
Holdings After Transaction: Nil Cost Options (Right to Buy) — 815,285 shares (Direct, null); Restricted Share Units — 52,619 shares (Direct, null); Class A Ordinary Shares — 2,364,221 shares (Direct, null); Class B Ordinary Shares — 1,125,790 shares (Direct, null)
Footnotes (1)
  1. Each Class B ordinary share corresponds to a Class A ordinary share and will be automatically cancelled upon the sale or other transfer of the corresponding Class A ordinary share or as otherwise provided in the Issuer's articles of association. Fully vested and exercisable. The restricted share units ("RSUs") will vest in two equal installments on July 15, 2026 and October 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date. Each RSU represents a contingent right to receive one Issuer Class A Ordinary Share or cash. The RSUs will vest in six equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date. The RSUs will vest in ten equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date. The RSUs will vest in fourteen equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date.
Class B Ordinary Shares held 1,125,790 shares Direct ownership as reported on Form 3
Class A Ordinary Shares held 2,364,221 shares Direct ownership as reported on Form 3
RSUs tranche 1 underlying shares 368,332 shares Restricted Share Units linked to Class A Ordinary Shares
RSUs tranche 2 underlying shares 263,099 shares Restricted Share Units linked to Class A Ordinary Shares
RSUs tranche 3 underlying shares 157,858 shares Restricted Share Units linked to Class A Ordinary Shares
RSUs tranche 4 underlying shares 52,619 shares Restricted Share Units linked to Class A Ordinary Shares
Nil-cost options underlying shares 815,285 shares Fully vested nil-cost options, expiry January 20, 2032
Class B ordinary share financial
"Each Class B ordinary share corresponds to a Class A ordinary share and will be automatically cancelled upon the sale or other transfer..."
A Class B ordinary share is a type of common stock that carries a specific set of rights—often different voting power or dividend priority—distinct from other share classes of the same company. Think of it like owning a different model of the same car: it gets you the ride (ownership and profit share) but may limit your say in steering (voting) or how quickly you receive payouts; investors care because these differences affect control, influence over management decisions, and potential return or liquidity.
Restricted Share Units financial
"The restricted share units ("RSUs") will vest in two equal installments on July 15, 2026 and October 15, 2026..."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
nil-cost options financial
"Nil Cost Options (Right to Buy) with an exercise price of 0.0000 and expiration date January 20, 2032..."
vest financial
"The RSUs will vest in six equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
contingent right financial
"Each RSU represents a contingent right to receive one Issuer Class A Ordinary Share or cash."
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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Peiris Nilan

(Last)(First)(Middle)
C/O WISE GROUP PLC
1ST FLOOR WORSHIP SQ., 65 CLIFTON STREET

(Street)
LONDONEC2A 4JE

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/08/2026
3. Issuer Name and Ticker or Trading Symbol
Wise Group plc [ WSE ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Product Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares2,364,221D
Class B Ordinary Shares(1)1,125,790D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Nil Cost Options (Right to Buy) (2)01/20/2032Class A Ordinary Shares815,285$0D
Restricted Share Units (3) (3)Class A Ordinary Shares52,619(4)D
Restricted Share Units (5) (5)Class A Ordinary Shares157,858(4)D
Restricted Share Units (6) (6)Class A Ordinary Shares263,099(4)D
Restricted Share Units (7) (7)Class A Ordinary Shares368,332(4)D
Explanation of Responses:
1. Each Class B ordinary share corresponds to a Class A ordinary share and will be automatically cancelled upon the sale or other transfer of the corresponding Class A ordinary share or as otherwise provided in the Issuer's articles of association.
2. Fully vested and exercisable.
3. The restricted share units ("RSUs") will vest in two equal installments on July 15, 2026 and October 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date.
4. Each RSU represents a contingent right to receive one Issuer Class A Ordinary Share or cash.
5. The RSUs will vest in six equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date.
6. The RSUs will vest in ten equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date.
7. The RSUs will vest in fourteen equal quarterly installments commencing on July 15, 2026, subject to the Reporting Person's continuous service through each applicable vesting date.
/s/ Nameeta Pai, Attorney-in-Fact05/08/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Nilan Peiris’s Form 3 filing for Wise Group plc (WSE) show?

The Form 3 shows Nilan Peiris’s existing equity holdings in Wise Group plc, including Class A and Class B Ordinary Shares and several equity awards. It is an initial ownership statement, not a record of recent share purchases or sales.

How many Wise Group Class A and Class B shares does Nilan Peiris report owning?

Nilan Peiris reports direct ownership of 2,364,221 Class A Ordinary Shares and 1,125,790 Class B Ordinary Shares of Wise Group plc. These figures represent his holdings as of the Form 3 reporting date, without indicating any new transactions.

What Restricted Share Units does Nilan Peiris hold in Wise Group plc (WSE)?

He holds several tranches of Restricted Share Units linked to Wise Group Class A Ordinary Shares. These RSUs are scheduled to vest in equal installments beginning July 15, 2026, and require his continuous service through each vesting date to receive shares or cash.

What are the nil-cost options reported by Nilan Peiris in the Wise Group filing?

The filing lists 815,285 nil-cost options, each representing the right to acquire one Wise Group Class A Ordinary Share at an exercise price of zero. These options are fully vested and exercisable and are scheduled to expire on January 20, 2032.

Do the Wise Group (WSE) Form 3 details indicate any recent share purchases or sales?

No, the Form 3 primarily summarizes Nilan Peiris’s existing holdings and equity awards in Wise Group plc. Transaction codes and share amounts for buys or sells are not provided, so it functions as a snapshot of ownership rather than trading activity.