Director in WisdomTree (NYSE: WT) awarded 5,509 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WisdomTree, Inc. reported that director Lynn S. Blake received an equity award in the form of 5,509 shares of common stock, granted at no cash cost as part of the non-employee directors’ compensation program under the 2022 Equity Plan.
The award is structured as restricted stock units that vest on June 17, 2027 under Blake’s deferral election and convert into common stock on a one-for-one basis. Shares become payable upon the earlier of a separation from service or a qualifying Sale Event as defined under the plan and Section 409A rules.
Following this grant, Blake directly holds 62,571 shares of WisdomTree common stock, reflecting a routine compensation-related increase in her equity stake rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blake Lynn S.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 5,509 | $0.00 | -- |
Holdings After Transaction:
Common stock — 62,571 shares (Direct, null)
Footnotes (1)
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Key Figures
Equity award granted: 5,509 shares
Grant price: $0.0000 per share
Holdings after grant: 62,571 shares
+2 more
5 metrics
Equity award granted
5,509 shares
Common stock granted to director Lynn S. Blake
Grant price
$0.0000 per share
Reported transaction price per share for the award
Holdings after grant
62,571 shares
Total direct common stock held by Blake post-transaction
Vesting date
June 17, 2027
RSUs vesting date under deferred compensation election
RSU conversion ratio
1 share per RSU
Each RSU payable in one share of common stock
Key Terms
Restricted stock units ("RSUs"), Non-Employee Directors' Deferred Compensation Program, 2022 Equity Plan, Section 409A, +1 more
5 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") issued to the Reporting Person pursuant to the Non-Employee Directors' Deferred Compensation Program"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Directors' Deferred Compensation Program financial
"pursuant to the Non-Employee Directors' Deferred Compensation Program under the 2022 Equity Plan"
2022 Equity Plan financial
"Deferred Compensation Program under the 2022 Equity Plan"
Section 409A regulatory
"as defined in Section 409A of the Internal Revenue Code of 1986, as amended"
Sale Event financial
"upon the earlier of (i) a "separation from service" ... and (ii) a Sale Event (as defined in the 2022 Equity Plan)"
FAQ
What insider transaction did Lynn S. Blake report at WisdomTree (WT)?
Director Lynn S. Blake reported receiving 5,509 shares of WisdomTree common stock as a compensation-related equity award. The grant was made at no cash cost under the company’s 2022 Equity Plan for non-employee directors and is documented in a Form 4 filing.
When do Lynn S. Blake’s newly granted WisdomTree (WT) RSUs vest and pay out?
The restricted stock units vest on June 17, 2027, under Blake’s deferral election. They are payable in WisdomTree common stock on a one-for-one basis upon the earlier of a separation from service or a qualifying Sale Event meeting Section 409A change-in-control conditions.
Was Lynn S. Blake’s WisdomTree (WT) Form 4 transaction an open-market stock purchase?
No, the Form 4 reports a grant of 5,509 shares as compensation, not an open-market purchase. The award arises from restricted stock units under the non-employee directors’ deferred compensation program, with a reported price per share of $0.0000 in the filing.
Under what program were Lynn S. Blake’s WisdomTree (WT) RSUs granted?
The restricted stock units were issued under WisdomTree’s Non-Employee Directors' Deferred Compensation Program within the 2022 Equity Plan. This program grants equity awards to non-employee directors, allowing deferral of receipt and specifying vesting and payout conditions for the underlying common stock.