Samuel Yount - Mar 1, 2024 Form 4 Insider Report for NERDWALLET, INC. (NRDS)

Signature
/s/ Kathy Lee, Attorney-in-Fact for Samuel Yount
Stock symbol
NRDS
Transactions as of
Mar 1, 2024
Transactions value $
-$40,063
Form type
4
Date filed
3/5/2024, 07:35 PM
Previous filing
Feb 27, 2024
Next filing
Jun 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDS Class A Common Stock Tax liability -$17.8K -1.05K -0.04% $16.91 2.35M Mar 1, 2024 Direct F1, F2
transaction NRDS Class A Common Stock Sale -$22.3K -1.34K -0.06% $16.71 2.35M Mar 5, 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares withheld by the Issuer to satisfy tax withholding obligation due to the vesting of Restricted Stock Units ("RSUs").
F2 Includes 515,550 Restricted Stock Units payable solely in the Class A Common Stock of the Issuer.
F3 The sales reported for this transaction were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 10/31/23.