WisdomTree (WT) awards performance RSUs to Europe CEO Marinof
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Marinof Alexis reported acquisition or exercise transactions in this Form 4 filing.
WisdomTree, Inc. filed an amended Form 4 showing that Alexis Marinof, CEO Europe, received a grant of 9,554 performance-based restricted stock units (PRSUs). Each PRSU represents the right to receive one share of common stock upon vesting.
The PRSUs are scheduled to vest on January 25, 2029, with the actual shares issued ranging from 0% to 200% of the 9,554 target units based on performance. The amendment updates the target number of PRSUs to align with the grant date fair market value determined by an independent valuation consultant.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marinof Alexis
Role
CEO, Europe
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based Restricted Stock Units | 9,554 | $0.00 | -- |
Holdings After Transaction:
Performance Based Restricted Stock Units — 9,554 shares (Direct)
Footnotes (1)
- Each performance-based restricted stock unit represents the right to receive, on the vesting date, one share of common stock for each such unit that vests. These PRSUs are scheduled to vest on January 25, 2029. The number of shares of Common Stock to be issued will range between 0% and 200% of the target number of PRSUs indicated above. This Amendment to Form 4 is being filed to update the target number of PRSUs to reflect the grant date fair market value of the PRSUs as determined by an independent valuation consultant.
FAQ
What insider transaction did WisdomTree (WT) report in this Form 4/A?
WisdomTree reported an amended grant of performance-based restricted stock units to its Europe CEO. The filing shows 9,554 PRSUs awarded, each representing the right to receive one share of common stock if vesting and performance conditions are satisfied over time.
How many performance-based restricted stock units did WisdomTree (WT) grant to Alexis Marinof?
The company granted 9,554 performance-based restricted stock units to Alexis Marinof. Each PRSU can convert into one share of common stock at vesting, subject to achievement of defined performance conditions that may increase or reduce the number of shares ultimately delivered.
When do the WisdomTree (WT) PRSUs granted to the Europe CEO vest?
The performance-based restricted stock units are scheduled to vest on January 25, 2029. Actual vesting will depend on satisfying performance criteria, and the number of common shares issued can range from 0% to 200% of the 9,554 target PRSUs noted in the filing.
What performance range applies to the WisdomTree (WT) PRSU grant in this Form 4/A?
The PRSU payout can range from 0% to 200% of the 9,554 target units. That means the executive could receive no shares if goals are missed or up to double the target amount if predefined performance objectives are fully achieved during the measurement period.
Why did WisdomTree (WT) file this as an amended Form 4/A?
The amendment updates the target number of PRSUs to match the grant date fair market value. An independent valuation consultant determined this value, and the filing clarifies the adjusted target PRSU amount while preserving the original performance-based and vesting terms.
Who is the reporting person in WisdomTree (WT) Form 4/A and what role do they hold?
The reporting person is Alexis Marinof, who serves as WisdomTree’s CEO, Europe. The filing reflects an equity incentive grant directly to him, structured as performance-based restricted stock units that may convert into common shares depending on future performance and vesting conditions.