Tatum Nicholas 4

What Happened
Nicholas Tatum, Chief Accounting Officer of NerdWallet (NRDS), disposed of company stock in early March 2026. He sold a total of 11,044 shares in open‑market/private transactions (595 @ $11.45, 298 @ $11.45, and 10,151 @ $11.45) for aggregate proceeds of about $126,454, and additionally gifted 595 shares to a donor‑advised charitable fund (no proceeds).

Key Details

• Transaction dates: March 4, 2026 (two sales and one gift) and March 5, 2026 (larger sale). Form filed March 6, 2026. Filing appears timely (within the usual two‑business‑day window).
• Prices and proceeds: small blocks at $11.45 (595 shares = $6,813; 298 shares = $3,412) and a larger block (10,151 shares) reported at a weighted average $11.45 (prices ranged $11.42–$11.48), total cash proceeds ≈ $126,454. Gifted 595 shares reported at $0.00.
• Footnotes of note: sales were partly executed under a Rule 10b5‑1 trading plan adopted 5/29/2025; one sale was executed outside that plan in compliance with Rule 144; the 10,151‑share sale price is a weighted average and the filer can provide per‑trade pricing on request. The gift was to a donor‑advised fund.
• Shares owned after transaction: not specified in the excerpt provided; filing notes the reporting person has 35,328 RSUs that are payable solely in Class A common stock.

Context

• These were disposals (sales and a charitable gift), not purchases. Sales under a preplanned 10b5‑1 arrangement are often scheduled and do not by themselves indicate a change in the insider’s view of the company. Gifts to charity are also not a market sentiment signal.
• No options were exercised in this report; this filing reports only sales and a gift.