4/A: NerdWallet CBO Amends Stock Sale Disclosure
Insider Transaction Amendment
NerdWallet's Chief Business Officer, Samuel Yount, filed an amended Form 4 to correct the number of Class A Common Stock shares sold on November 13, 2025.
Summary
- Samuel Yount, Chief Business Officer of NerdWallet, Inc. (NRDS), filed an amended Form 4/A.
- The amendment corrects an administrative error in the original Form 4 filed on November 17, 2025.
- The correct number of Class A Common Stock shares sold on November 13, 2025, was 14,439, not the previously misreported amount.
- The shares were sold at a weighted average price of $14.34, with individual transaction prices ranging from $14.25 to $14.48.
- Following the transaction, Samuel Yount beneficially owns 387,312 shares indirectly through trusts.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
Sentiment
Score: 5
Explanation: The filing is neutral as it is an administrative correction of a previously reported insider stock sale. It does not indicate any new positive or negative operational or financial developments for the company.
Negatives
- An administrative error in the initial filing required an amendment, indicating a minor lapse in reporting accuracy.
Future Outlook
This filing is an amendment to an insider transaction report and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Management Comments
- The Reporting Person undertakes to provide to the Issuer, or any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Industry Context
This filing pertains to a routine insider transaction and its subsequent correction, which is a standard compliance event for publicly traded companies. It does not provide insights into broader industry trends or competitive landscape beyond the specific company's insider activity.
Comparison to Industry Standards
- This filing is an amendment to an insider transaction report (Form 4/A) and does not contain information that allows for a direct comparison of company performance, projects, or results against industry benchmarks or specific comparable companies.
Stakeholder Impact
- Shareholders: The correction of an administrative error ensures accurate public record of insider transactions, which is beneficial for transparency. The underlying transaction (insider sale) is a routine event that can be interpreted differently by investors, but the amendment itself has minimal direct impact.
Next Steps
- The Reporting Person is prepared to provide detailed information on the number of shares sold at each specific price within the reported range upon request from the Issuer, security holders, or the SEC staff.
Key Dates
| Date | Description |
|---|---|
| 11/13/2025 | Date of the Class A Common Stock transaction (sale). |
| 11/17/2025 | Date the original Form 4 was filed, which contained the administrative error. |
| 12/23/2025 | Date the amended Form 4/A was signed and filed. |
Keywords
NerdWallet, NRDS, Form 4/A, Insider Trading, Stock Sale, Samuel Yount, Chief Business Officer, Beneficial Ownership, SEC Filing, Rule 10b5-1
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