Form 4: NerdWallet CBO Sells Shares for Tax Obligation

NerdWallet's Chief Business Officer, Samuel Yount, disposed of 4,862 Class A Common Stock shares to cover tax obligations from RSU vesting.

Summary

• Samuel Yount, Chief Business Officer of NerdWallet, Inc. (NRDS), reported a transaction involving Class A Common Stock.
• On December 2, 2025, Yount disposed of 4,862 shares.
• The disposition was due to shares being withheld by the Issuer to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
• The shares were valued at $15.41 per share for the purpose of the tax withholding.
• Following this transaction, Samuel Yount directly beneficially owns 437,357 shares of Class A Common Stock, which includes 116,218 RSUs.
• Additionally, Yount indirectly beneficially owns 358,116 shares through Trusts and 201,051 shares through an LLC.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale of shares to cover tax obligations upon RSU vesting, which is a common occurrence for executives receiving equity compensation. It does not indicate a change in management's outlook or company performance.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not reflect broader industry trends or competitive positioning for NerdWallet. Such transactions are common for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction and not a discretionary sale indicating a change in confidence.
• Employees: No direct impact.
• Customers: No direct impact.

Key Dates

Keywords

NerdWallet, NRDS, Samuel Yount, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, Class A Common Stock, Officer Transaction