secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K/A
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001625278-22-000150
Event type: leadership
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet discloses terms of former CMO Kelly Gillease consulting agreement: $255K retainer, one-year term
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- Former CMO Kelly Gillease entered a one-year consulting agreement effective Oct 1, 2022 for transition support.
- Retainer fee of $255,000 paid in equal monthly installments over the transition period.
- Outstanding stock options and RSUs continue to vest during consulting; ISOs convert to NSOs after Oct 1, 2022.
- Consulting includes customary IP assignment and confidentiality provisions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000150/0001625278-22-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000150/nrds-20220707.htm
  HTML page:      https://secwatch.observer/filing/0001625278-22-000150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer