WisdomTree (WT) awards 5,223 performance-based RSUs to Europe CEO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Marinof Alexis reported acquisition or exercise transactions in this Form 4 filing.
WisdomTree, Inc. reported that Europe CEO Alexis Marinof received a grant of 5,223 performance-based restricted stock units (PRSUs). This additional grant adjusts a prior award after changing the method for setting targets to use the grant-date closing stock price. Each PRSU represents one share of common stock upon vesting.
The PRSUs are scheduled to vest on February 23, 2029. Between 0% and 200% of the target units may vest, depending on total shareholder return of WisdomTree’s stock versus a peer group over a three-year period from the grant date, with potential accelerated vesting upon certain termination events or a change of control.
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 | 5,223 | $0.00 | -- |
Holdings After Transaction:
Performance Based Restricted Stock Units — 5,223 shares (Direct)
Footnotes (1)
- On January 25, 2026, the Compensation Committee of the Issuer's Board of Directors approved a grant of performance-based restricted stock units ("PRSUs") initially reported on a Form 4 filed January 27, 2026 and amended February 24, 2026 ("Prior Form 4"), with the target number of PRSUs determined based on the grant-date fair value calculated using a Monte Carlo valuation methodology. On February 23, 2026, the Compensation Committee approved a change in the methodology for determining PRSU target shares to one based on the Issuer's grant date closing stock price and, in connection with that change, approved a separate, additional grant of PRSUs to the Reporting Person equal to the difference between (i) the target number of PRSUs reported in the Prior Form 4 and (ii) the target number of PRSUs determined using the Issuer's closing stock price on January 25, 2026. This grant is intended to qualify for the Rule 16b-3 exemption under the Securities Exchange Act of 1934. Each performance-based restricted stock unit represents the right to receive, on the vesting date, one share of common stock for each unit that vests. These PRSUs are scheduled to vest on February 23, 2029. The target number of PRSUs is reported on this form. Between 0% and 200% of the target number of PRSUs may vest and the number of shares of the Issuer's common stock ("Common Stock") to be issued will be determined based on the total shareholder return ("TSR") of the Common Stock relative to the respective TSRs of the stocks of a peer group of companies, each measured over a 3-year period from the grant date. If the Reporting Person's employment is terminated under certain circumstances or a change of control occurs prior to the 3rd anniversary of the grant date, all or a portion of the PRSUs will vest and the number of shares of Common Stock to be issued will be determined at such time based on the respective TSRs of the Common Stock and the stock of the peer group, each measured from the grant date to the accelerated vesting date.
FAQ
What insider equity award did WT grant to Alexis Marinof?
WisdomTree granted Europe CEO Alexis Marinof 5,223 performance-based restricted stock units (PRSUs). Each unit can convert into one share of common stock, subject to vesting conditions tied to total shareholder return performance versus a defined peer group over a three-year period.
Why did WisdomTree (WT) issue this additional 5,223 PRSU grant?
The additional 5,223 PRSU grant reflects a change in methodology for setting PRSU targets. WisdomTree’s compensation committee switched to using the grant-date closing stock price, and this award represents the difference between the previously reported target and the new price-based target calculation.
When do Alexis Marinof’s new WT PRSUs vest and how much can vest?
The PRSUs granted to Alexis Marinof are scheduled to vest on February 23, 2029. Between 0% and 200% of the 5,223 target units may ultimately vest, depending on WisdomTree’s total shareholder return versus a peer group over a three-year measurement period from the grant date.
What performance metric determines vesting of WT’s PRSUs granted to Marinof?
Vesting depends on total shareholder return (TSR) of WisdomTree’s common stock relative to a peer group. TSR for both WisdomTree and peers is measured over a three-year period from the grant date, and that relative performance sets the 0% to 200% payout range on the 5,223 PRSUs.
Can Alexis Marinof’s WT PRSUs vest early under certain conditions?
Yes. The PRSUs may vest earlier if Alexis Marinof’s employment ends under specified circumstances or if a change of control occurs before the third anniversary of the grant date. In that case, shares issued will still depend on relative TSR performance measured to the accelerated vesting date.