NerdWallet (NRDS) CAO awarded 28,517 RSUs, now holds 75,719 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NERDWALLET, INC. reported that Chief Accounting Officer Nicholas Tatum acquired 28,517 shares of its Class A Common Stock through a grant of Restricted Stock Units (RSUs) payable solely in Class A Common Stock. Following this award, Tatum directly holds 75,719 shares, which the footnotes state include 63,845 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tatum Nicholas
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 28,517 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 75,719 shares (Direct)
Footnotes (1)
- Represents Restricted Stock Units (RSUs) payable solely in Class A Common Stock of the Issuer. Includes 63,845 RSUs payable solely in the Class A Common Stock of the Issuer.
FAQ
What insider transaction did NerdWallet (NRDS) report for Nicholas Tatum?
NerdWallet reported that Chief Accounting Officer Nicholas Tatum acquired 28,517 shares of Class A Common Stock via a grant of Restricted Stock Units. These RSUs are payable solely in Class A Common Stock, reflecting a compensation-related equity award rather than an open-market purchase.
Was the NerdWallet (NRDS) transaction a stock purchase or an equity grant?
The transaction was an equity grant, not an open-market stock purchase. It is coded as a grant, award, or other acquisition and involves 28,517 Restricted Stock Units, which represent a form of share-based compensation payable in Class A Common Stock.
What type of security did Nicholas Tatum receive from NerdWallet (NRDS)?
Nicholas Tatum received Restricted Stock Units (RSUs) tied to NerdWallet’s Class A Common Stock. The footnotes specify these RSUs are payable solely in Class A Common Stock, meaning settlement occurs in shares rather than cash according to the award’s terms.
Does the NerdWallet (NRDS) Form 4 show any derivative positions for Nicholas Tatum?
The Form 4 data show no listed derivative transactions or remaining derivative positions for Nicholas Tatum in the derivative summary. The reported holdings after the transaction consist of 75,719 shares of Class A Common Stock, including 63,845 Restricted Stock Units.
What does the transaction code on Nicholas Tatum’s NerdWallet (NRDS) filing indicate?
The transaction is coded as an acquisition related to a grant or award, not a market trade. This indicates the 28,517 shares came from a compensation-related grant of Restricted Stock Units, rather than buying or selling shares on the open market.