Wise Group plc: chief technology officer Harsh Sinha sold 42,324 shares

What happened

• The filing says Harsh Sinha, chief technology officer, sold 42,324 shares on Oct 16, 2026 at $11.75 per share for $497,307.
• The filing also says on Oct 15, 2026 Sinha exercised or converted derivatives resulting in the acquisition of 105,239 shares (price reported as N/A) and contemporaneous derivative dispositions of 26,310, 26,310, 26,309 and 26,310 shares at $0.00. The filing reports a grant (award) of 495,437 restricted share units on Oct 15, 2026 at $0.00.

Key details

• Transaction dates and prices: Oct 15, 2026 — exercise/conversion for 105,239 shares (acquired, price N/A) and derivative dispositions of 26,310 / 26,310 / 26,309 / 26,310 shares at $0.00; Oct 16, 2026 — open market sale of 42,324 shares at $11.75 for $497,307; Oct 15, 2026 — grant of 495,437 RSUs at $0.00.
• Shares owned after the transactions: not stated in the provided filing excerpt.
• Relevant footnotes from the filing: F1 — each restricted share unit (RSU) represents a contingent right to receive one issuer Class A ordinary share or cash; F2 — the number of shares sold represents shares sold to cover statutory tax withholding in connection with RSU vesting and does not represent a discretionary sale by the reporting person; F3–F6 — prior RSU grants and vesting schedules (vested and vesting in installments beginning Jul 15, 2026); F7 — the RSUs granted on Oct 15, 2026 vest in 16 equal quarterly installments beginning Jan 15, 2027.
• Filing date: the Form 4 was filed on Oct 19, 2026 for transactions dated Oct 15 and Oct 16, 2026.

Why it may matter

• The filing shows exercises/conversions of derivatives on Oct 15, 2026 and a sale on Oct 16, 2026; the filing indicates shares were sold to cover tax withholding associated with RSU vesting (see footnote F2), consistent with shares from the exercises/conversions being used to satisfy withholding.
• The Oct 15, 2026 grant of 495,437 RSUs vests over future quarterly installments beginning Jan 15, 2027 (see footnote F7).
• A filing does not show why the insider traded or why the company acted.