Director Jason Kilar receives 19,446 RSU award at WEALTHFRONT (NASDAQ: WLTH)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KILAR JASON reported acquisition or exercise transactions in this Form 4 filing.
WEALTHFRONT CORP director Jason Kilar received a new equity award in the form of restricted stock units. The filing shows a grant of 19,446 Restricted Stock Units, each tied to one share of WEALTHFRONT CORP common stock upon settlement.
The entire RSU award will vest on the earlier of the next annual meeting of stockholders or the first anniversary of the grant date, as long as Kilar continues to serve through that date. These RSUs do not have a traditional expiration date; they will either vest under the terms of the award or be cancelled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KILAR JASON
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 19,446 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 19,446 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The entire award shall vest on the earlier to occur of: (i) the date of the next annual meeting of the Issuer's stockholders and (ii) the first anniversary of the grant date, in each case subject to the reporting person's continuous service through such date. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs granted: 19,446 units
Underlying shares: 19,446 shares
Transaction date: June 23, 2026
+1 more
4 metrics
RSUs granted
19,446 units
Restricted Stock Units granted to Jason Kilar
Underlying shares
19,446 shares
Common stock underlying granted RSUs
Transaction date
June 23, 2026
Grant date of RSU award
Post-transaction RSUs
19,446 units
Total RSUs held following this transaction
Key Terms
Restricted Stock Units, contingent right, continuous service, vest
4 terms
Restricted Stock Units financial
"The filing shows a grant of 19,446 Restricted Stock Units, each tied to one share"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
continuous service financial
"subject to the reporting person's continuous service through such date"
vest financial
"The entire award shall vest on the earlier to occur of the specified dates"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Jason Kilar acquire in WEALTHFRONT CORP (WLTH) on this Form 4?
Jason Kilar received a grant of 19,446 restricted stock units. Each unit represents a contingent right to receive one share of WEALTHFRONT CORP common stock when the award settles, adding equity-based compensation to his director position.
How many WEALTHFRONT CORP (WLTH) RSUs does Jason Kilar hold after this grant?
After the reported transaction, Jason Kilar holds 19,446 restricted stock units. These RSUs are directly owned and each is linked to one underlying share of WEALTHFRONT CORP common stock, subject to the vesting conditions outlined in the award.
When do Jason Kilar’s WEALTHFRONT CORP (WLTH) RSUs vest?
The RSU award vests on the earlier of the next WEALTHFRONT CORP annual stockholder meeting or the first anniversary of the grant date. Vesting requires Kilar to remain in continuous service with the company through that vesting date.
Do the WEALTHFRONT CORP (WLTH) RSUs reported by Jason Kilar expire?
The restricted stock units reported by Jason Kilar do not have a fixed expiration date. According to the terms, they will either vest on the scheduled vesting date if conditions are met, or be cancelled before that date if vesting requirements are not satisfied.
What does each WEALTHFRONT CORP (WLTH) RSU represent for Jason Kilar?
Each restricted stock unit represents a contingent right to receive one share of WEALTHFRONT CORP common stock. Shares are delivered only upon settlement after vesting, making RSUs a form of stock-based compensation tied to future service.