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Wealthfront's Fortunato plans sale of 50,000 shares

Director-level insider David Fortunato has filed to sell 50,000 WLTH common shares under Rule 144, following significant recent stock sales.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

WEALTHFRONT CORP (WLTH) received a Form 144 notice that David Fortunato plans to sell 50,000 shares of common stock of the company under Rule 144. The planned sale has an approximate aggregate market value of $508,500.00 and involves shares underlying Restricted Stock Units.

The shares are to be sold through Morgan Stanley Smith Barney LLC, with WEALTHFRONT CORP having 156,176,440 shares of common stock outstanding as of September 17, 2026. Fortunato has sold additional WLTH common shares during the past three months, including 28,914 shares for $294,662.57 and 93,289 shares for $1,001,028.29.

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Planned shares to be sold 50,000 shares Common stock to be sold under Rule 144 by David Fortunato
Approximate aggregate market value of planned sale $508,500.00 Estimated value of 50,000 WLTH common shares to be sold
Shares outstanding 156,176,440 shares WEALTHFRONT CORP common stock outstanding as of September 17, 2026
Recent sale 1 28,914 shares for $294,662.57 Common stock sold by David Fortunato on September 16, 2026
Recent sale 2 93,289 shares for $1,001,028.29 Common stock sold by David Fortunato on September 15, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Units financial
"Common | 09/15/2026 | Restricted Stock Units | Issuer |"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
aggregate market value financial
"Common | Morgan Stanley ... | 50000 | 508500.00 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for WEALTHFRONT CORP (WLTH)?

The filing discloses that David Fortunato intends to sell 50,000 shares of WEALTHFRONT CORP common stock under Rule 144, with an approximate aggregate market value of $508,500.00, using Morgan Stanley Smith Barney LLC as the broker.

How many WEALTHFRONT CORP (WLTH) shares are outstanding as referenced in this Form 144?

The notice states that WEALTHFRONT CORP has 156,176,440 shares of common stock outstanding as of September 17, 2026, which serves as the reference figure for calculating Rule 144 sale limits.

What recent WEALTHFRONT CORP (WLTH) stock sales by David Fortunato are reported?

Over the past three months, David Fortunato is reported to have sold 28,914 shares of WLTH common stock for $294,662.57 on September 16, 2026 and 93,289 shares for $1,001,028.29 on September 15, 2026.

What type of securities is David Fortunato selling in this WEALTHFRONT CORP (WLTH) Form 144?

The Form 144 indicates sales relate to Common stock of WEALTHFRONT CORP, tied to Restricted Stock Units with an acquisition date of September 15, 2026 and an intended sale of 50,000 shares.

Where are WEALTHFRONT CORP (WLTH) shares listed and which broker is handling the planned sale?

The common stock is listed on NASDAQ. The planned sale of 50,000 shares under Rule 144 is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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