STOCK TITAN

WEALTHFRONT (WLTH) director mixes stock sale with RSU vesting under 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

WEALTHFRONT CORP director Michelle L. Wilson reported a pre-planned mix of stock sale and equity vesting. On June 15, 2026, she executed an open-market sale of 638 shares of common stock at $9.12 per share under a Rule 10b5-1 trading plan.

On the same date, 2,126 restricted stock units were converted into an equal number of common shares at $0.00 per share as part of an award vesting schedule. Following these transactions, she directly held 8,503 shares of common stock, with additional restricted stock units remaining outstanding.

Positive

  • None.

Negative

  • None.
Insider WILSON L MICHELLE
Role null
Sold 638 shs ($6K)
Type Security Shares Price Value
Exercise Restricted Stock Units 2,126 $0.00 --
Exercise Common Stock 2,126 $0.00 --
Sale Common Stock 638 $9.12 $6K
Holdings After Transaction: Restricted Stock Units — 25,511 shares (Direct, null); Common Stock — 8,503 shares (Direct, null)
Footnotes (1)
  1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. 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. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Open-market sale 638 shares at $9.12/share Common Stock sold on June 15, 2026
RSUs converted 2,126 shares at $0.00/share Restricted Stock Units converted to Common Stock
Shares held after 8,503 shares Common Stock directly owned following transactions
RSUs remaining 25,511 units Restricted Stock Units outstanding after the derivative transaction
Net buy/sell shares -638 shares Net share disposition across buy/sell activity
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
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.
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock"
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"
vesting date financial
"subject to the reporting person's continued service to the Issuer on each vesting date"
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
WILSON L MICHELLE

(Last)(First)(Middle)
C/O WEALTHFRONT CORPORATION
261 HAMILTON AVENUE

(Street)
PALO ALTO CALIFORNIA 94301

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEALTHFRONT CORP [ WLTH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/15/2026M2,126A$08,503D
Common Stock06/15/2026S(1)638D$9.127,865D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)06/15/2026M2,126 (3) (4)Common Stock2,126$025,511D
Explanation of Responses:
1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026.
2. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
3. 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.
4. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
/s/ Lauren Lin, as Attorney-in-Fact06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did WLTH director Michelle Wilson report on June 15, 2026?

Michelle Wilson reported a small open-market sale and an equity vesting event. She sold 638 WLTH common shares at $9.12 each and converted 2,126 restricted stock units into common stock as part of her compensation plan.

How many WEALTHFRONT (WLTH) shares did Michelle Wilson sell and at what price?

She sold 638 shares of WEALTHFRONT common stock at $9.12 per share. This was reported as an open-market sale and executed pursuant to a Rule 10b5-1 trading plan adopted earlier in January 2026.

What happened to Michelle Wilson’s restricted stock units in this WLTH Form 4 filing?

2,126 restricted stock units vested and were converted into the same number of WLTH common shares at $0.00 per share. The award vests in 1/16 increments quarterly, contingent on her continued service to the company on each vesting date.

How many WEALTHFRONT (WLTH) shares does Michelle Wilson hold after these transactions?

After the reported sale and RSU conversion, Michelle Wilson directly holds 8,503 shares of WEALTHFRONT common stock. She also continues to hold additional restricted stock units that either vest over time or are cancelled before their vesting dates.

Was Michelle Wilson’s WLTH stock sale made under a Rule 10b5-1 trading plan?

Yes. The filing states the sale was executed under a Rule 10b5-1 trading plan adopted on January 14, 2026. Such plans pre-schedule trades, making the timing more routine and less reflective of short-term views on the stock.

How do the restricted stock units for WLTH vest for Michelle Wilson?

The restricted stock units vest as to 1/16 of the total award quarterly on the 15th of September, December, March, and June. Vesting is subject to Michelle Wilson’s continued service, with the first tranche having vested on September 15, 2025.