Samuel Yount - Aug 19, 2024 Form 4 Insider Report for NERDWALLET, INC. (NRDS)

Signature
/s/ Bridgett Gatewood, Attorney-in-Fact for Samuel Yount
Stock symbol
NRDS
Transactions as of
Aug 19, 2024
Transactions value $
-$60,050
Form type
4
Date filed
8/21/2024, 09:15 PM
Previous filing
Jul 3, 2024
Next filing
Sep 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDS Class A Common Stock Sale -$60.1K -5K -0.21% $12.01 2.33M Aug 19, 2024 By The Yount Family Revocable Trust F1, F2, F3, F4
* 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 The sales reported for this transaction (on this Form 4) were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 2/20/2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.01 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
F3 Includes 512,508 Restricted Stock units payable solely in the Class A Common Stock of the Issuer.
F4 Trust of which the Reporting person is the trustee.