Edmiston Bryan 4
Research Summary
AI-generated summary
WisdomTree (WT) CFO Bryan Edmiston Receives PRSU Shares
What Happened
Bryan Edmiston, Chief Financial Officer of WisdomTree (WT), had 43,998 performance-based restricted stock units (PRSUs) convert into 43,998 shares on Jan 27, 2026. The filing reports $0.00 per share because these shares were issued on vesting (not bought on the open market). The company withheld 22,888 shares to cover tax withholding, leaving Edmiston with a net 21,110 shares.
Key Details
- Transaction date: 2026-01-27; Form 4 filed: 2026-01-29 (filed timely).
- Reported transaction codes: M = conversion/exercise of derivative (PRSUs converted to shares); F = shares withheld to satisfy tax withholding.
- Reported price: $0.00 (non-cash issuance on vesting).
- Net shares delivered to insider: 21,110 (43,998 vested – 22,888 withheld).
- Notable footnotes: PRSUs were granted Jan 25, 2023 and vested Jan 25, 2026; payout was 199% of target based on Relative TSR (84.62nd percentile). Dividend equivalents of 1,838 PRSUs were reinvested, and shares were withheld by the issuer to cover taxes.
- Shares owned after the transaction: not specified in the provided filing details.
Context
This was a vesting of performance-based RSUs (a compensation event), not an open-market buy or sell. The withholding of shares to cover taxes is a routine administrative step (similar to a cashless exercise) and does not by itself indicate buying or selling sentiment. The payout was above target (199%) due to relative total shareholder return vs. peers over the performance period.