Wealthfront director granted 19,446 RSUs
WILSON L MICHELLE reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
WILSON L MICHELLE reported acquisition or exercise transactions in this Form 4 filing.
WEALTHFRONT CORP director Michelle L. Wilson received a grant of 19,446 restricted stock units, each tied to one share of common stock. The award was granted at no cash cost and will vest in full on the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant date, as long as she continues in service. If the vesting conditions are not met, the units may be cancelled rather than expiring on a fixed date. After this grant, her reported derivative holdings from this award total 19,446 units.
Insider Trade Summary
Grant/Award: 19,446 shares
Grant/Award
1 txn
Insider
WILSON L MICHELLE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 19,446 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 19,446 contracts (Direct)
Holdings Before and After:
Restricted Stock Units, 0 to 19,446 contracts (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
- F2. 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.
- F3. 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
Grant price per RSU: $0.00 per unit
Common shares underlying RSUs: 19,446 shares
+1 more
4 metrics
RSUs granted
19,446 units
Restricted stock units granted to director on 2026-06-23
Grant price per RSU
$0.00 per unit
Reported transaction price for the RSU award
Common shares underlying RSUs
19,446 shares
Each RSU represents one share of common stock
Holdings after grant
19,446 derivative units
Total RSUs from this award following the transaction
Key Terms
Restricted Stock Units, vest, contingent right, continuous service
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
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.
vest financial
"The entire award shall vest on the earlier to occur of the next annual meeting or the first anniversary of the grant date."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement."
continuous service financial
"in each case subject to the reporting person's continuous service through such date."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Wealthfront (WLTH) director Michelle Wilson report on this Form 4?
Michelle L. Wilson reported receiving 19,446 restricted stock units tied to Wealthfront common stock. These units are a compensation-related equity award, not an open-market stock purchase or sale, and increase her direct equity-linked position in the company.
How many Wealthfront WLTH restricted stock units were granted to the director?
The director received 19,446 restricted stock units. Each unit represents a contingent right to receive one share of Wealthfront’s common stock upon settlement, subject to the award’s vesting conditions being satisfied over time.
What are the vesting conditions for the Wealthfront (WLTH) RSU grant?
The entire RSU award vests on the earlier of the next Wealthfront annual stockholder meeting or the first anniversary of the grant date. Vesting requires Michelle Wilson’s continuous service with the company through the applicable vesting date.
Do the Wealthfront WLTH restricted stock units reported here have an expiration date?
The filing states that these restricted stock units do not expire in the traditional sense. Instead, they either vest on the specified vesting date or are cancelled before vesting if the underlying service-based conditions are not satisfied.
What does one Wealthfront (WLTH) restricted stock unit represent in this filing?
Each restricted stock unit represents a contingent right to receive one share of Wealthfront common stock upon settlement. Delivery of shares is subject to the RSUs vesting under the terms described in the award’s footnotes.
Is the Wealthfront WLTH RSU grant an open-market stock purchase?
No, the RSU grant is compensation rather than an open-market transaction. The award was reported with a zero dollar price per unit and is classified as a grant or award acquisition, not a buy or sell in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
