Steinberg Jonathan L 4
4 · WisdomTree, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
WisdomTree (WT) CEO Jonathan Steinberg Receives Award — Net 280,661 Shares
What Happened
Jonathan L. Steinberg, CEO of WisdomTree (WT), received 573,813 shares on January 27, 2026 upon settlement/conversion of performance-based restricted stock units (PRSUs). The PRSUs had no exercise price ($0.00). The issuer withheld 293,152 shares to cover withholding taxes, so Steinberg received a net 280,661 shares. The PRSUs were granted on January 25, 2023 and vested on January 25, 2026 with a 199% payout based on Relative TSR (84.62nd percentile).
Key Details
- Transaction date: January 27, 2026; reported on Form 4 filed January 29, 2026 (filed within standard 2-business-day window).
- Transaction codes: M = exercise/conversion of derivative (PRSUs → shares); F = shares withheld for tax withholding.
- Shares acquired (settled): 573,813; shares withheld for taxes: 293,152; net shares received: 280,661.
- Price per share: $0.00 (RSU settlement), no cash exercise price paid.
- Footnotes: PRSUs converted 1:1 to shares (F1); 24,096 PRSUs reflect reinvested dividend equivalents (F2); F5 notes the 199% vesting outcome based on Relative TSR measurement.
- Shares owned after the transaction: not disclosed in the provided data.
Context
PRSUs are performance-based awards that convert to shares when vesting conditions are met; this was a settlement of such awards (not an open-market purchase). Withholding of shares to satisfy taxes is routine and does not indicate a market sale. The sizable 199% payout reflects strong relative total shareholder return over the 3-year performance period but is a compensation/award event rather than an insider cash purchase.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2][F3]2026-01-27+573,813→ 10,056,470 total - Tax Payment
Common Stock
[F4][F3]2026-01-27−293,152→ 9,763,318 total - Exercise/Conversion
Performance Based Restricted Stock Units
[F5][F1][F2]2026-01-27−573,813→ 0 total→ Common Stock (573,813 underlying)
- 798(indirect: By Spouse)
Common Stock
Footnotes (5)
- [F1]Each performance-based restricted stock unit ("PRSU") represented the right to receive, on the vesting date, one share of common stock for each such unit that vested.
- [F2]Includes the reinvestment of dividend equivalents into 24,096 PRSUs between the grant date and vesting date.
- [F3]Includes restricted stock awards vesting as to (i) 189,055 shares on January 25, 2027, (ii) 99,253 shares on January 25, 2028 and (iii) 40,439 shares on January 25, 2029.
- [F4]Shares withheld by the Issuer upon vesting of PRSUs to cover withholding taxes.
- [F5]These PRSUs were granted by the Issuer on January 25, 2023 and vested on January 25, 2026. The ultimate number of shares that could have vested was between 0 and 200% of the previously reported target number of PRSUs based on the total shareholder return ("TSR") of the Issuer's common stock relative to the respective TSRs of the stocks of a peer group of companies, each measured over a 3-year period from the grant date ("Relative TSR"). Based on a report issued by an independent valuation specialist and certified by the Issuer's compensation committee on January 27, 2026, the Relative TSR measured in the 84.62nd percentile, resulting in the vesting of 199% of the target number of PRSUs.