Wealthfront Corp (WLTH) director reports 34,014 IPO-contingent RSUs award
Rhea-AI Filing Summary
Wealthfront Corp reported an initial insider ownership position for a director as of December 11, 2025. The director beneficially owns 34,014 restricted stock units tied to Wealthfront common stock.
The award is subject to a performance condition that will be satisfied in connection with Wealthfront’s initial public offering and also follows a service-based vesting schedule. One sixteenth of the units vest quarterly on the fifteenth day of March, June, September, and December, with the first tranche scheduled for March 15, 2026, if the director continues to serve. These units do not expire; they either vest or are cancelled, and each vested unit converts into one share of common stock upon settlement.
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FAQ
What insider holdings does Wealthfront Corp (WLTH) disclose in this filing?
The filing shows a Wealthfront Corp director beneficially owning 34,014 restricted stock units linked to Wealthfront common stock as of December 11, 2025.
How many Wealthfront Corp (WLTH) shares are underlying the director's RSUs?
The director holds restricted stock units representing a right to receive 34,014 shares of Wealthfront common stock upon settlement.
When do the Wealthfront Corp (WLTH) restricted stock units start vesting?
The award is scheduled to begin vesting on March 15, 2026, when the first one-sixteenth of the total restricted stock units vests, followed by quarterly vesting on the fifteenth of March, June, September, and December.
What conditions apply to the Wealthfront Corp (WLTH) director's RSU vesting?
The RSUs require a performance-based condition tied to Wealthfront’s initial public offering and a service-based vesting schedule, with continued service required on each vesting date.
Do the Wealthfront Corp (WLTH) restricted stock units have an expiration date?
No. The filing states that these restricted stock units do not expire; they either vest or are cancelled before the scheduled vesting dates.
What does each Wealthfront Corp (WLTH) restricted stock unit represent?
Each restricted stock unit represents a contingent right to receive one share of Wealthfront Corp common stock upon settlement.