Form 4: NerdWallet Executive Samuel Yount Sells Shares Under 10b5-1 Trading Plan
SEC Form 4 Filing
Chief Business Officer Samuel Yount sold shares of NerdWallet, Inc. under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Samuel Yount, Chief Business Officer of NerdWallet, Inc., reported the sale of Class A Common Stock on January 3, 2025.
- The sales were executed under a Rule 10b5-1 trading plan adopted on September 11, 2024.
- Yount sold 106,278 shares at a weighted average price of $13.46.
- An additional 53,186 shares were sold at a weighted average price of $13.46.
- Following the transactions, Yount directly owns 519,351 shares and indirectly owns 401,751 shares through trusts and 201,051 shares through an LLC.
- Yount also holds 506,424 Restricted Stock Units payable in Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock sales by an executive. It doesn't inherently convey positive or negative sentiment, as it's simply a factual report of transactions.
Future Outlook
NA
Industry Context
This filing is a routine disclosure of insider trading activity, which is common among executives of publicly traded companies. The use of a 10b5-1 trading plan suggests that the sales were pre-planned and not based on any inside information.
Key Dates
| Date | Description |
|---|---|
| 09/11/2024 | Date of adoption of Rule 10b5-1 trading plan. |
| 01/03/2025 | Date of stock sale transaction. |
| 01/07/2025 | Date of Form 4 filing. |
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