Frankenthaler Marci 4

What Happened

• Marci Frankenthaler, Chief Legal Officer of WisdomTree, received equity awards on January 25, 2026: 31,612 restricted shares (award, $0.00 per share) and 10,537 performance-based restricted stock units (derivative award, $0.00). To cover withholding taxes, she surrendered 25,134 shares (disposition for tax withholding, $0.00).
• The net effect reported on the Form 4 is a net increase of 17,015 economic shares (31,612 + 10,537 − 25,134). All grants were reported at $0.00 per share because these are equity awards, not open-market purchases or cash sales.

Key Details

• Transaction date(s): January 25, 2026; Form 4 filed January 27, 2026 (two days after the transactions).
• Prices and values: All transactions reported at $0.00 per share (awards and tax withholding); no cash purchase or sale value reported.
• Shares surrendered: 25,134 common shares were surrendered to the issuer to cover tax withholding upon vesting.
• Vesting / timing notes:
  • The 31,612 restricted shares vest as follows: 10,537 shares on 1/25/2027, 10,537 on 1/25/2028 and 10,538 on 1/25/2029 (footnote F1).
  • The 10,537 performance-based RSUs are scheduled to vest on 1/25/2029 at target; actual payout may be 0%–200% of target based on relative total shareholder return vs. peers (footnotes F4–F5).
  • Footnote F2 lists other restricted stock awards and vesting tranches (51,943 shares on 1/25/2027; 28,277 on 1/25/2028; 10,538 on 1/25/2029), reflecting aggregate awards/holdings disclosed in the filing.
• Filing timeliness: Filed Jan 27, 2026 for Jan 25 transactions (no late-filing indicator provided).

Context

• These were company compensation awards (restricted stock and performance-based RSUs), not open-market buys or discretionary sales. Awards vest over future dates and may include performance conditions (PRSUs), so they do not represent an immediate cash investment or sale decision by the insider.
• The surrender of shares to cover taxes is a common administrative step (cashless tax withholding) and does not necessarily reflect the insider’s market view.