Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-30

NerdWallet (NRDS)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$6,268,892
John Lee total, FY2025
Chief Financial Officerhighest-paid officer; CEO Tim Chen: $1,541,124
CEO (Tim Chen) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against NRDS
12 companies name NRDS as a compensation peer

Each company listed discloses NRDS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NRDS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
John Lee$395,833$0$2,594,441$3,020,131$242,737$0$15,750$6,268,892
Chief Financial Officer
Sam Yount423,0001,666,6671,259,6361,468,597146,682016,1004,980,682
Former Chief Business Officer
Tim Chen700,000000825,024016,1001,541,124
Chief Executive Officer and Chairman of the Board

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
John Lee$6,268,892
Sam Yount4,980,682
Tim Chen1,541,1241,487,104+54,020

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Anthony LingDirector2026-05-20A17,946$0$0CommonForm 4 ↗
Anthony LingDirector2026-05-21A19,49400CommonForm 4 ↗
Lynne M. LaubeDirector2026-05-21A19,49400CommonForm 4 ↗
Kenneth T. McBrideDirector2026-05-21A19,49400CommonForm 4 ↗
Teresa ChiaDirector2026-05-22A19,76400CommonForm 4 ↗
Teresa ChiaDirector2026-05-22A19,71000CommonForm 4 ↗
Sam Brian MischnerChief Revenue Officer2026-06-01D1,572913,755CommonForm 4 ↗
Tim ChenDirector2026-06-01D15,3099133,954CommonForm 4 ↗
Nicholas TatumChief Accounting Officer2026-06-01D3,263928,551CommonForm 4 ↗
John LeeChief Financial Officer2026-06-01D47,8769418,915CommonForm 4 ↗
Topline Capital Partners, LPGreater-than-10% holder2026-06-26D919,15398,226,419CommonForm 4 ↗
Topline Capital Management, LLC2026-06-26D587,83595,419,839Common, indirectForm 4 ↗
Topline Capital Partners, LPGreater-than-10% holder2026-06-26D587,83595,419,839CommonForm 4 ↗
Topline Capital Partners, LPGreater-than-10% holder2026-06-26D454,87294,216,663CommonForm 4 ↗
Topline Capital Management, LLC2026-06-26D454,87294,216,663Common, indirectForm 4 ↗
Topline Capital Management, LLC2026-06-26D919,15398,226,419Common, indirectForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sam YountOPTION$1,468,597
John LeePRSU2,594,441
Sam YountPRSU1,259,636
John LeeOPTION3,020,131
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Sam Yount$0$0$1,468,5970.0%
John Lee003,020,1310.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
John LeeRSU287,632$3,897,414
Sam YountRSU53,874729,993
Sam YountRSU54,942744,464
Tim ChenRSU76,1831,032,280
John LeeOption575,2639.02
Tim ChenRSU29,938405,660
Tim ChenOption11,9909.17
Tim ChenOption75,3318.34
Sam YountOption107,7488.77
Sam YountRSU7,402100,297
Sam YountOption109,88410.8
05

Incentive-plan design — the Compensation Discussion & Analysis

NerdWallet offers market-competitive compensation to attract employees and a pay-for-performance philosophy that aligns employee rewards with individual and company performance.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Anthony LingIndependent · Audit · Partial-year service · Newly elected$36,593$192,737$0$0$100,000$329,330
Kenneth T. McBrideIndependent · Lead Independent Director · Audit · Compensation75,935190,25700266,192
Jennifer E. CeranIndependent · Audit (Chair) · Not standing for re-election · Departed during FY70,750190,25700261,007
Lynne M. LaubeIndependent · Audit · Compensation (Chair)63,500190,25700253,757
Tim ChenEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$150,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)21,500 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$246,778
Equity awards (grant-date value)$763,508
All other compensation$100,000
Total cost of the board$1,110,286

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NerdWallet2025Tim Chen$700,000$0$0$825,024$1,541,124

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, John LeeDEF 14A2026-04-140001625278-26-000033Section “2025 Summary Compensation Table” · page 26. As printed: 6,268,892. Filing ↗machine: r6 · c27 · span 447137–447146
2Section 01, Sam YountDEF 14A2026-04-140001625278-26-000033Section “2025 Summary Compensation Table” · page 26. As printed: 4,980,682. Filing ↗machine: span 451794–451803
3Section 01, Tim ChenDEF 14A2026-04-140001625278-26-000033Section “2025 Summary Compensation Table” · page 26. As printed: 1,541,124. Filing ↗machine: r4 · c27 · span 439597–439606
4Section 03, Sam Yount OPTIONDEF 14A2026-04-140001625278-26-000033Section “ELECTION OF DIRECTORS” · grants of plan-based awards table. Filing ↗machine: t84 · r7 · c9 · span 450347–450356
5Section 03, John Lee PRSUDEF 14A2026-04-140001625278-26-000033Section “ELECTION OF DIRECTORS” · grants of plan-based awards table. Filing ↗machine: t84 · r6 · c7 · span 445406–445415
6Section 03, Sam Yount PRSUDEF 14A2026-04-140001625278-26-000033Section “ELECTION OF DIRECTORS” · grants of plan-based awards table. Filing ↗machine: t84 · r7 · c7 · span 449863–449872
7Section 03, John Lee OPTIONDEF 14A2026-04-140001625278-26-000033Section “ELECTION OF DIRECTORS” · grants of plan-based awards table. Filing ↗machine: t84 · r6 · c9 · span 445840–445849
8Section 07, pay ratio10-K2026-02-250001625278-26-000014Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Anthony LingDEF 14A2026-04-140001625278-26-000033Section “Director Compensation”. As printed: 329,330. Filing ↗machine: t67 · r6 · c9 · span 380435–380442
10Section 08, Kenneth T. McBrideDEF 14A2026-04-140001625278-26-000033Section “Director Compensation”. As printed: 266,192. Filing ↗machine: t67 · r7 · c9 · span 383124–383131
11Section 08, Jennifer E. CeranDEF 14A2026-04-140001625278-26-000033Section “Director Compensation”. As printed: 261,007. Filing ↗machine: t67 · r4 · c9 · span 375174–375181
12Section 08, Lynne M. LaubeDEF 14A2026-04-140001625278-26-000033Section “Director Compensation”. As printed: 253,757. Filing ↗machine: t67 · r5 · c9 · span 377568–377575
13Section 08, Tim ChenDEF 14A2026-04-140001625278-26-000033Section “Director Compensation”. As printed: 0. Filing ↗
14Section 02, Anthony Ling 2026-05-20Form 42026-05-210001628280-26-037456Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Anthony Ling 2026-05-21Form 42026-05-260001628280-26-038289Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Lynne M. Laube 2026-05-21Form 42026-05-260001628280-26-038288Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Kenneth T. McBride 2026-05-21Form 42026-05-260001628280-26-038291Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Teresa Chia 2026-05-22Form 42026-05-260001628280-26-038292Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Teresa Chia 2026-05-22Form 42026-05-260001628280-26-038292Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Sam Brian Mischner 2026-06-01Form 42026-06-030001628280-26-040586Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Tim Chen 2026-06-01Form 42026-06-030001628280-26-040527Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Nicholas Tatum 2026-06-01Form 42026-06-030001628280-26-040530Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, John Lee 2026-06-01Form 42026-06-030001628280-26-040528Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Topline Capital Partners, LP 2026-06-26Form 42026-06-300001754074-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Topline Capital Management, LLC 2026-06-26Form 42026-06-300001792549-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Topline Capital Partners, LP 2026-06-26Form 42026-06-300001754074-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Topline Capital Partners, LP 2026-06-26Form 42026-06-300001754074-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Topline Capital Management, LLC 2026-06-26Form 42026-06-300001792549-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Topline Capital Management, LLC 2026-06-26Form 42026-06-300001792549-26-000024Insider equity transaction reported since the proxy statement. Filing ↗
30Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
31Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
32Section 09b board cost (computed)ComputedcomputedCash 246,778 + equity 763,508 + all other 100,000 = 1,110,286, summed across the director compensation table rows.machine: formula: Σ = 1,110,286
33NerdWallet (subject), Section 10b CEO totalDEF 14A2026-04-140001625278-26-000033CEO total compensation as printed in NerdWallet's own proxy. As printed: 1,541,124. Filing ↗machine: r4 · c27 · span 439597–439606