Form 4: NerdWallet CBO Sells Shares Under 10b5-1 Plan
Insider Transaction Report
NerdWallet's Chief Business Officer, Samuel Yount, sold 15,945 shares of Class A Common Stock for a weighted average price of $16.039 per share.
Summary
- Samuel Yount, Chief Business Officer of NerdWallet, Inc. (NRDS), reported the sale of 15,945 shares of Class A Common Stock.
- The transaction occurred on December 2, 2025, at a weighted average price of $16.039 per share.
- The shares were sold in multiple transactions at prices ranging from $16.00 to $16.14.
- This transaction was made pursuant to a pre-arranged trading plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Following the sale, Samuel Yount beneficially owns 442,219 shares directly, 358,116 shares indirectly through trusts, and 201,051 shares indirectly through an LLC.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale under a pre-arranged 10b5-1 plan, which is generally considered neutral in sentiment as it's a planned liquidity event rather than a reactive one.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction report and does not provide specific context related to broader industry trends or competitors. The sale under a Rule 10b5-1 plan indicates a pre-scheduled transaction, common for executives managing personal finances and diversification.
Stakeholder Impact
- Shareholders: A routine insider sale under a 10b5-1 plan typically has minimal direct impact on shareholder sentiment, as it's a pre-planned event for executive liquidity or diversification rather than a signal of company performance.
Key Dates
| Date | Description |
|---|---|
| 12/02/2025 | Date of transaction (sale of Class A Common Stock) |
| 12/04/2025 | Date the Form 4 was signed by Attorney-in-Fact |
Keywords
NerdWallet, NRDS, Samuel Yount, Insider Trading, Stock Sale, Form 4, 10b5-1 Plan, Executive Compensation
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