Form 4: NerdWallet CFO Lauren StClair Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Lauren StClair, CFO of NerdWallet, reports the disposal of shares to cover tax obligations related to vesting Restricted Stock Units.
Summary
- On September 3, 2024, Lauren StClair, the Chief Financial Officer of NerdWallet, Inc. (NRDS), disposed of 11,913 shares of Class A Common Stock.
- The disposal was to satisfy tax withholding obligations due to the vesting of Restricted Stock Units (RSUs).
- The price per share was $12.6.
- Following the transaction, StClair beneficially owns 324,007 shares, which includes 179,311 RSUs payable in Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so it doesn't carry strong positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard tax-related stock disposal, which is common when RSUs vest.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of the stock disposal transaction. |
| 09/06/2024 | Date of signature on the Form 4 filing. |
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