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NerdWallet CAO Sells $10,224 in Stock
NerdWallet accounting chief Nicholas Tatum offloads nearly 900 shares amid buyback program.
Published on Mar. 9, 2026
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NerdWallet, Inc. (NASDAQ:NRDS) Chief Accounting Officer Nicholas Tatum sold 893 shares of the company's stock on March 4th at an average price of $11.45, resulting in a total transaction value of $10,224.85. This sale represents a 1.52% decrease in Tatum's position, which now stands at 57,948 shares valued at $663,504.60.
Why it matters
The stock sale by NerdWallet's CAO comes as the company's board has approved a $50 million share repurchase program, signaling potential undervaluation of the stock from management's perspective. Insider transactions can provide insights into a company's financial health and market outlook.
The details
Tatum's stock sale was disclosed in a legal filing with the SEC. Following the transaction, he continues to hold a significant stake in NerdWallet, valued at over $660,000. The personal finance company's shares have traded in a 52-week range of $7.55 to $16.24, closing at $11.16 on the day of the CAO's sale.
- The stock sale occurred on Wednesday, March 4, 2026.
The players
Nicholas Tatum
The Chief Accounting Officer of NerdWallet, Inc.
NerdWallet, Inc.
A personal finance company that offers independent guidance and comparison tools to help consumers make informed financial decisions.
What they’re saying
“This trade represents a 1.52% decrease in their position.”
— Nicholas Tatum, Chief Accounting Officer (SEC filing)
The takeaway
The stock sale by NerdWallet's CAO, coupled with the company's share repurchase program, suggests management believes the stock is undervalued and presents an opportunity for the company to buy back its own shares at attractive prices.
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