NerdWallet (NRDS) CAO Nicholas Tatum Withholds 2,990 Shares for Taxes

What Happened Nicholas Tatum, Chief Accounting Officer of NerdWallet (NRDS), had 2,990 shares withheld on 2026-09-01 to satisfy tax withholding obligations tied to the vesting of Restricted Stock Units (RSUs). The withholding was recorded at $9.78 per share, for a total value of $29,242. This was a tax-withholding disposition (Form 4 code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-01; price used for withholding: $9.78 per share; total value: $29,242.
• Transaction type: F — payment of tax liability via share withholding (cashless withholding upon RSU vesting).
• Shares owned after transaction: not specified in the provided filing summary.
• Filing date: Form 4 filed 2026-09-03 (appears timely based on report period).
• Footnotes: F1 — shares withheld by issuer to satisfy tax withholding on RSU vesting; F2 — filing notes 49,024 RSUs payable solely in Class A common stock.

Context This was a routine tax-withholding event tied to RSU vesting (a cashless disposition of vested shares), which does not by itself indicate a buy or sell decision about the company's stock. Purchases are generally more informative for bullish signals; withholding to cover taxes is a common administrative action.