Wealthfront Corp (WLTH) director exercises 2,126 RSUs, then sells 638 shares
Rhea-AI Filing Summary
Wealthfront Corp director Michelle L. Wilson reported an exercise and sale of equity on June 15, 2026. She exercised 2,126 Restricted Stock Units, receiving an equal number of common shares, then sold 638 shares of common stock at $9.12 per share. The transactions were executed pursuant to a Rule 10b5-1 trading plan. After these transactions, she held 7,865 shares of Wealthfront common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
WILSON L MICHELLE
Role
Director
Sold
638 shs ($6K)
Approx. gross sale proceeds
$6K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,126 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,126 | $0.00 | $0.00 |
| Sale | Common Stock | 638 | $9.12 | $6K |
Holdings After Transaction:
Restricted Stock Units — 25,511 shares (Direct);
Common Stock — 7,865 shares (Direct)
Footnotes (4)
- F1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
- F3. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of September, December, March, and June, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on September 15, 2025.
- F4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs exercised: 2,126 units
Shares sold: 638 shares
Sale price: $9.12 per share
+2 more
5 metrics
RSUs exercised
2,126 units
Restricted Stock Units converted into common stock on June 15, 2026
Shares sold
638 shares
Common stock sale reported on June 15, 2026
Sale price
$9.12 per share
Price for the 638-share common stock sale
Post-transaction holdings
7,865 shares
Direct common stock holdings after reported transactions
10b5-1 plan adoption date
January 14, 2026
Date Michelle L. Wilson adopted the Rule 10b5-1 trading plan
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, derivative security, vests
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive 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.
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vests financial
"The award vested or vests as to 1/16 of the total award quarterly"
FAQ
What insider transactions did WLTH director Michelle Wilson report on June 15, 2026?
Michelle L. Wilson exercised 2,126 Restricted Stock Units into common stock and then sold 638 shares at $9.12 per share. After these transactions, she directly held 7,865 shares of Wealthfront Corp common stock.
Were Michelle Wilson’s WLTH transactions made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were executed under a Rule 10b5-1 trading plan adopted by Michelle L. Wilson on January 14, 2026, indicating they were pre-arranged rather than discretionary market-timed trades.
What type of equity awards did Michelle Wilson exercise in this WLTH Form 4?
She exercised Restricted Stock Units (RSUs), with each RSU representing a contingent right to receive one share of Wealthfront common stock upon settlement. On June 15, 2026, 2,126 RSUs were settled into common shares.
How do Michelle Wilson’s RSUs in WLTH vest over time?
The RSU award vests in 1/16 increments quarterly on the fifteenth day of September, December, March, and June, subject to continued service, with the first tranche vesting on September 15, 2025. Unvested RSUs either vest or are cancelled before vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.