Frankenthaler Marci 4/A
4/A · WisdomTree, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
WisdomTree (WT) CLO Marci Frankenthaler Receives Stock Award
What Happened
Marci Frankenthaler, Chief Legal Officer of WisdomTree, was granted 6,812 performance-based restricted stock units (PRSUs) on January 25, 2026. The grant is reported as an award (code A) with an acquisition price of $0 because it is a compensation award rather than a cash purchase. This Form 4 is an amendment filed on February 24, 2026 to update the target number of PRSUs based on the grant-date fair market value determined by an independent valuation consultant.
Key Details
- Transaction date: January 25, 2026; Filing (amendment) date: February 24, 2026.
- Award: 6,812 PRSUs; reported acquisition price $0 (derivative award).
- Vesting: PRSUs are scheduled to vest on January 25, 2029.
- Payout range: Each PRSU converts to one share at vesting, subject to performance — actual payout may be 0% to 200% of the target number. (Footnotes F1, F2)
- Shares owned after transaction: Not specified in the amended filing.
- Reason for amendment: Updated target PRSU count to reflect grant-date fair market value per independent valuation consultant.
Context
PRSUs are a form of long-term, performance-based compensation that give the holder the right to receive shares if specified performance and time-based conditions are met. Because this is a grant (compensation), it is not an open-market purchase or sale and does not itself indicate an immediate trading signal. The amendment clarifies the grant sizing tied to valuation but does not change the underlying nature of the award.
Insider Transaction Report
- Award
Performance Based Restricted Stock Units
[F1][F2]2026-01-25+6,812→ 6,812 total→ Common Stock (6,812 underlying)
Footnotes (2)
- [F1]Each performance-based restricted stock unit represents the right to receive, on the vesting date, one share of common stock for each such unit that vests.
- [F2]These PRSUs are scheduled to vest on January 25, 2029. The number of shares of Common Stock to be issued will range between 0% and 200% of the target number of PRSUs indicated above. This Amendment to Form 4 is being filed to update the target number of PRSUs to reflect the grant date fair market value of the PRSUs as determined by an independent valuation consultant.