Director at NerdWallet (NASDAQ: NRDS) receives 19,494 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NERDWALLET, INC. director Kenneth Thomas McBride reported an equity compensation grant on Class A Common Stock. He acquired 19,494 shares through a grant classified as Restricted Stock Units (RSUs) at a stated price of $0.00 per share. Following this award, his directly held position is 90,526 shares of Class A Common Stock, including 19,494 RSUs payable solely in Class A stock. This reflects a routine, non-cash compensation grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MCBRIDE KENNETH THOMAS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 19,494 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 90,526 shares (Direct, null)
Footnotes (1)
- Represents Restricted Stock Units ("RSUs") payable solely in Class A Common Stock of the Issuer. Includes 19,494 RSUs payable solely in Class A Common Stock of the Issuer.
Key Figures
RSUs granted: 19,494 shares
Holdings after transaction: 90,526 shares
Grant transaction price: $0.00 per share
+1 more
4 metrics
RSUs granted
19,494 shares
Restricted Stock Units payable solely in Class A Common Stock
Holdings after transaction
90,526 shares
Direct Class A Common Stock holdings after RSU grant
Grant transaction price
$0.00 per share
Reported price for RSU grant
Acquire transactions
1 transaction
Grant/award acquisition reported in Form 4
Key Terms
Restricted Stock Units ("RSUs"), Class A Common Stock, grant/award acquisition, Form 4
4 terms
Restricted Stock Units ("RSUs") financial
"Represents Restricted Stock Units ("RSUs") payable solely in Class A Common Stock"
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.
Class A Common Stock financial
"payable solely in Class A Common Stock of the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
grant/award acquisition financial
"transaction_action": "grant/award acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did NerdWallet (NRDS) director Kenneth McBride report in this Form 4?
Kenneth McBride reported receiving 19,494 Restricted Stock Units in NerdWallet Class A Common Stock. These RSUs are a form of equity compensation, not an open-market purchase, and increased his directly held position to 90,526 Class A shares after the transaction.
Was cash paid for the 19,494 NerdWallet (NRDS) RSUs reported?
No cash was paid for these 19,494 RSUs; the transaction price is reported as $0.00 per share. The award represents stock-based compensation in the form of Restricted Stock Units that will be settled solely in NerdWallet Class A Common Stock.
Are the 19,494 NerdWallet (NRDS) RSUs classified as Class A Common Stock?
Yes, the 19,494 units are Restricted Stock Units payable solely in NerdWallet Class A Common Stock. The filing specifies that these RSUs will be settled in Class A shares, aligning them economically with existing Class A Common Stock for the reporting director.
Does this NerdWallet (NRDS) Form 4 show a stock sale by Kenneth McBride?
The Form 4 does not report any stock sales by Kenneth McBride. It shows an acquisition coded as a grant or award of 19,494 Restricted Stock Units, increasing his direct holdings of NerdWallet Class A Common Stock to 90,526 shares after the transaction.