Peck William Bradley 4
Research Summary
AI-generated summary
WisdomTree (WT) William Peck Receives 39,996 Shares via PRSU Vesting
What Happened
- William (Bradley) Peck, WisdomTree’s Head of Digital Assets, had 39,996 performance-based restricted stock units (PRSU) convert to common shares on Jan 27, 2026 (transaction code M). The shares had no exercise price ($0). To satisfy withholding taxes, 21,372 shares were withheld by the issuer (transaction code F), leaving a net delivery of 18,624 shares to Peck.
- These PRSUs were originally granted on Jan 25, 2023 and vested based on Relative TSR performance. An independent report certified the PRSUs vested at 199% of target (Relative TSR in the 84.62nd percentile). Dividend equivalents were reinvested into 1,669 additional PRSUs before vesting.
Key Details
- Transaction date: Jan 27, 2026; exercise/conversion price: $0.00 per share (cashless conversion of PRSUs).
- Gross shares converted: 39,996; shares withheld for taxes: 21,372; net shares delivered: 18,624.
- Footnotes: F1–F5 explain PRSU mechanics, dividend-equivalent reinvestment (1,669 PRSUs), tax withholding, grant date (Jan 25, 2023) and performance vesting (199% of target).
- Filing date/accession: Form filed Jan 29, 2026 (reporting period Jan 27, 2026). The filing does not state total shares owned by Peck after the transaction.
Context
- This was a vesting/conversion of performance-based RSUs (derivative conversion), not an open-market purchase or sale. No cash was paid to acquire the shares; the issuer withheld shares to cover taxes (common practice on RSU vesting).
- Such vesting reflects compensation tied to multi-year relative TSR performance and does not, by itself, indicate insider buying or selling intent.