Laube Lynne Marie 4
Research Summary
AI-generated summary
NERDWALLET Director Lynne Laube Receives 19,494 RSUs
What Happened
Lynne Marie Laube, a director of NerdWallet, Inc. (NRDS), was granted 19,494 restricted stock units (RSUs) on May 21, 2026. The Form 4 reports an acquisition (code A) of 19,494 shares at $0.00 (award), i.e., no cash purchase price reported. The RSUs are payable solely in the issuer’s Class A common stock per the filing footnotes.
Key Details
- Transaction date and type: 2026-05-21 — Grant/Award (code A) of 19,494 RSUs at $0.00.
- Report filed: Form 4 filed on 2026-05-26 (transaction occurred 5 days earlier). This appears to be later than the typical 2-business-day Form 4 filing requirement.
- Shares owned after transaction: Not specified in the Form 4 filing.
- Footnotes: F1 indicates the awards are RSUs payable solely in Class A common stock; F2 specifies these 19,494 RSUs are included.
- No indication of immediate sale, tax withholding, 10b5-1 plan, or cashless exercise in this filing.
Context
RSU grants represent a promise to issue shares in the future (usually subject to vesting and other conditions) and are listed at $0.00 on Form 4 because they are awards rather than open-market purchases. They do not reflect an immediate purchase or sale of publicly traded shares and only become actual shares if and when they vest/are settled. The late filing reduces near-term transparency but does not by itself indicate trading intent.