Peck William Bradley 4/A
Research Summary
AI-generated summary
WisdomTree Head of Digital Assets William Peck Receives Award
What Happened
- William (Bradley) Peck, Head of Digital Assets at WisdomTree, was granted 4,889 performance-based restricted stock units (PRSUs) on January 25, 2026. The filing records an acquisition price of $0.00 (award/derivative), meaning no cash was paid by the insider.
- These PRSUs represent the right to receive one share of common stock for each unit that vests. The award is performance-based, so the actual number of shares issued at vesting can range from 0% to 200% of the 4,889 target units.
Key Details
- Transaction date: January 25, 2026; Grant recorded at $0.00 per unit (derivative award).
- Number of units granted: 4,889 PRSUs (performance-based).
- Vesting schedule: Scheduled to vest on January 25, 2029, subject to performance; payout may be between 0%–200% of target.
- Shares owned after transaction: Not specified in this filing.
- Filing status: This is an amended Form 4 filed February 24, 2026. Amendment updates the target number of PRSUs to reflect the grant date fair market value as determined by an independent valuation consultant (see footnote).
- Footnotes: F1 clarifies each PRSU converts to one share on vesting; F2 explains the performance range (0–200%) and the reason for the amendment.
Context
- This is an equity award (grant), not an open‑market purchase or sale. Awards like PRSUs are common long‑term incentive compensation and do not indicate an immediate market transaction.
- Because the grant is performance-based and vests in 2029, the ultimate number of shares and any realized value will depend on future performance and vesting conditions.