Lee Jun Hyung 4

What Happened
Lee Jun Hyung, Chief Financial Officer of NerdWallet, had 47,876 shares withheld by the company on June 1, 2026 to satisfy tax withholding related to the vesting of Restricted Stock Units (RSUs). The withholding was recorded at an effective price of $8.75 per share, equal to $418,915. This was a tax-withholding disposition of vested RSUs, not an open-market sale.

Key Details

• Transaction date and price: 2026-06-01; 47,876 shares at $8.75 per share (total value $418,915).
• Transaction type/code: F — shares withheld to satisfy tax withholding on RSU vesting (cashless/withholding settlement).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 — shares withheld by the issuer to satisfy tax withholding due to RSU vesting. F2 — filing notes inclusion of 321,058 RSUs payable solely in Class A common stock.
• Filing timeliness: No late filing was indicated in the provided data.

Context
Withholding shares to cover taxes on vested RSUs is a routine administrative step and is common for executives receiving equity awards. It should not be interpreted the same way as an open-market sale (which can signal a change in sentiment). This report documents the tax settlement of vested awards rather than a deliberate sale or purchase decision by the insider.