Marinof Alexis 4
Research Summary
AI-generated summary
WisdomTree (WT) Europe CEO Alexis Marinof Receives Equity Award
What Happened
- Alexis Marinof, WisdomTree’s Europe CEO, was granted equity awards on January 25, 2026. The filing reports a grant of 44,331 restricted shares (time‑based) and a separate grant/award of 14,777 performance‑based units. Also on that date, 33,432 shares were surrendered to the issuer to cover withholding taxes. All transactions were reported at $0.00 per share (awards/withholding), not open‑market trades.
Key Details
- Transaction date: January 25, 2026; Form 4 filed January 27, 2026 (timely).
- Prices: reported at $0.00 (awards and tax withholding).
- Surrender/Disposal code F: 33,432 shares were surrendered to the company to cover tax withholding upon vesting (not a sale on the market).
- Vesting/time details:
- The 44,331 restricted shares represent 14,777 shares vesting on each of Jan 25, 2027, Jan 25, 2028 and Jan 25, 2029 (time‑based).
- The 14,777 units are performance‑based restricted stock units (PRSUs) scheduled to vest Jan 25, 2029 at target; payout may range from 0%–200% based on total shareholder return vs. peers.
- Shares owned after the transactions are not specified in the provided excerpt of the filing.
Context
- Restricted stock awards (time‑based) and PRSUs (performance‑based) are standard executive compensation, not open‑market purchases or sales, and are reported at $0 because they are grants. The surrendered shares reflect tax withholding (a routine administrative step), not a sale that indicates a bearish view. PRSU payout depends on multi‑year TSR performance and may accelerate in some termination or change‑of‑control scenarios.