Form 4: WisdomTree Executive Peter Ziemba Reports Stock Transactions Following Vesting of Performance-Based Restricted Stock Units

Peter Ziemba, Chief Administrative Officer of WisdomTree, Inc., reports the vesting of performance-based restricted stock units and subsequent stock transactions.

Summary

• On January 27, 2025, Peter Ziemba, Chief Administrative Officer of WisdomTree, Inc., reported transactions related to performance-based restricted stock units (PRSUs).
• 35,154 shares were acquired upon the vesting of PRSUs.
• 15,102 shares were withheld by the issuer to cover withholding taxes.
• Following these transactions, Ziemba beneficially owns 957,650 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 full vesting of performance-based compensation. This suggests positive sentiment.

Positives

• The vesting of PRSUs at 200% of the target indicates strong performance by WisdomTree relative to its peer group based on total shareholder return (TSR).

Future Outlook

The reporting person has remaining restricted stock awards vesting in future years: 70,068 shares on January 25, 2026, 36,029 shares on January 25, 2027, and 14,116 shares on January 25, 2028.

Industry Context

Executive compensation structures often include performance-based equity awards to align management's interests with those of shareholders; the vesting of these awards is a routine event.

Comparison to Industry Standards

• Performance-based equity compensation is a common practice among publicly traded companies to incentivize executives.
• The specific metrics and peer groups used for TSR comparisons vary by company and industry.
• A TSR performance in the 92nd percentile suggests WisdomTree outperformed the majority of its peer group over the three-year measurement period.
• Comparable companies in the asset management industry include BlackRock, Invesco, and Franklin Resources, which also utilize performance-based compensation.

Stakeholder Impact

• Shareholders may view the vesting of PRSUs positively, as it reflects strong relative performance.
• Employees may be motivated by the potential for similar performance-based rewards.

Key Dates