4/A: NerdWallet Officer Amends Stock Sale Disclosure

NerdWallet's Chief Accounting Officer, Nicholas Tatum, filed an amended Form 4 to correct the number of Class A Common Stock shares sold on December 3, 2025.

Summary

• Nicholas Tatum, Chief Accounting Officer of NerdWallet, Inc. (NRDS), filed an amended Form 4.
• The amendment corrects an administrative error in the original Form 4 filed on December 5, 2025.
• The correct number of Class A Common Stock shares sold on December 3, 2025, was 1,191, not the previously misreported amount.
• The sale was executed at a price of $15.93 per share.
• The transaction was conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Tatum on May 29, 2025.
• Following the reported transaction, Mr. Tatum beneficially owns 62,263 securities, which includes 41,282 Restricted Stock Units (RSUs) payable solely in Class A Common Stock.

Sentiment

Score: 5

Explanation: The filing is neutral as it is an administrative correction to a previously reported insider stock sale, not indicative of company performance or strategic shifts.

Positives

• The filing demonstrates a commitment to accurate disclosure by correcting a previously reported administrative error.

Negatives

• An administrative error in the initial filing indicates a minor internal reporting oversight, though it has been corrected.

Risks

• No new specific risks are identified in this amendment beyond the general risks associated with insider stock sales, which are mitigated by the 10b5-1 plan.

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 sales reported for this transaction were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2025.

Industry Context

This specific filing, an amendment to an insider transaction, primarily reflects individual executive stock management rather than broader industry trends or competitive positioning. It is a routine compliance update for an officer's equity holdings.

Comparison to Industry Standards

• The use of a Rule 10b5-1 trading plan for stock sales by executives is a standard practice in the industry to mitigate concerns about insider trading, aligning with best practices for corporate governance and transparency.

Stakeholder Impact

• Shareholders: Provides updated and accurate information regarding an officer's stock holdings and transactions, ensuring transparency.

Next Steps

• No specific future actions or milestones are mentioned in this amendment.

Key Dates

Keywords

NerdWallet, NRDS, Form 4/A, Insider Trading, Stock Sale, 10b5-1 Plan, Chief Accounting Officer, Equity Securities, Class A Common Stock, Restricted Stock Units