Form 4: WisdomTree Executive Marci Frankenthaler Reports Stock Transactions Following PRSU Vesting

Marci Frankenthaler, Chief Legal Officer of WisdomTree, Inc., reports the vesting of performance-based restricted stock units (PRSUs) and subsequent stock transactions.

Summary

• On January 27, 2025, Marci Frankenthaler, Chief Legal Officer of WisdomTree, Inc., reported transactions related to performance-based restricted stock units (PRSUs).
• 24,752 shares of common stock were acquired upon the vesting of PRSUs.
• 9,681 shares were withheld by the issuer to cover withholding taxes related to the vesting of the PRSUs.
• Following these transactions, Frankenthaler directly owns 287,685 shares of WisdomTree, Inc.
• The PRSUs, granted on January 25, 2022, vested based on WisdomTree's total shareholder return (TSR) relative to a peer group over a three-year period.
• The Relative TSR was measured in the 92nd percentile, resulting in the vesting of 200% of the target number of PRSUs.

Sentiment

Score: 7

Explanation: The document indicates strong performance relative to peers, leading to a higher than expected vesting of performance-based stock units. This is generally a positive signal, but it's a routine filing.

Positives

• The vesting of PRSUs at 200% indicates strong performance by WisdomTree relative to its peer group, as measured by total shareholder return (TSR).

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. The vesting of PRSUs based on TSR aligns executive incentives with shareholder value.

Comparison to Industry Standards

• Performance-based equity compensation is a common practice among publicly traded companies to align executive compensation with shareholder returns.
• The specific metrics and vesting schedules vary widely depending on the company's industry, size, and performance goals.
• Comparing WisdomTree's TSR performance and PRSU vesting to similar asset management firms would provide a more detailed benchmark.

Stakeholder Impact

• Shareholders may view the vesting of PRSUs at 200% as a positive sign, indicating strong company performance.
• Employees may be motivated by the potential for similar performance-based compensation in the future.

Key Dates