Topline Capital Partners, LP 4

What Happened

• Topline Capital Partners, LP (identified in the filing as a >10% beneficial owner) sold a total of 1,961,860 NerdWallet (NRDS) shares in three dispositions between June 26 and June 30, 2026. The sales were: 919,153 shares at $8.95 on 2026-06-26 ($8,226,419); 587,835 shares at $9.22 on 2026-06-29 ($5,419,839); and 454,872 shares at $9.27 on 2026-06-30 ($4,216,663). These were sales (S) reported as open-market or private dispositions in the Form 4.

Key Details

• Transaction dates & prices:
  • 2026-06-26: 919,153 shares @ $8.95 = $8,226,419
  • 2026-06-29: 587,835 shares @ $9.22 = $5,419,839
  • 2026-06-30: 454,872 shares @ $9.27 = $4,216,663
• Aggregate sold: 1,961,860 shares for ~$17.86 million.
• Insider role: Topline Capital Partners, LP — reported as a beneficial owner holding 10% (institutional owner, not an officer or director).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form filed 2026-06-30; given the trade dates, the filing appears timely under the Form 4 two-business-day rule.
• No 10b5-1 plan, tax-withholding, or other special footnotes were reported in the summary data provided.

Context

• This is institutional selling by a >10% beneficial owner; such sales can reflect portfolio rebalancing or liquidity needs and are not the same as an executive insider signaling through a purchase. The filing is factual — it shows the shares sold and prices but does not state the owner's motive.