Wealthfront Corp (WLTH) director sells 10,000 shares after option exercise
Rhea-AI Filing Summary
A director of Wealthfront Corp reported exercising stock options and selling shares in conjunction with the company’s initial public offering. On December 11, 2025, the director exercised 10,000 stock options at $2.91 per share, receiving 10,000 shares of common stock. The same day, the director sold 10,000 common shares at $14.00 per share as part of a secondary offering tied to the IPO, leaving no directly owned common shares and 290,000 stock options outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 10,000 | $0.00 | -- |
| Exercise | Common Stock | 10,000 | $2.91 | $29K |
| Sale | Common Stock | 10,000 | $14.00 | $140K |
Footnotes (1)
- The reported sale transaction represents the reporting person's participation in the Issuer's secondary offering, which occurred in conjunction with its initial public offering. The option is fully vested. Pursuant to the terms of the reporting person's award agreement with the Issuer, the award became fully vested on March 15, 2025.
FAQ
What insider transaction did the Wealthfront Corp (WLTH) director report?
The director of Wealthfront Corp reported exercising 10,000 stock options at $2.91 per share and selling 10,000 common shares at $14.00 per share on December 11, 2025.
What stock options did the Wealthfront (WLTH) director exercise?
The director exercised 10,000 stock options with an exercise price of $2.91 per share, receiving 10,000 shares of Wealthfront common stock.
How many Wealthfront stock options does the director hold after these transactions?
Following the reported transactions, the director beneficially owned 290,000 Wealthfront stock options.
What was the context of the Wealthfront director’s stock sale?
The reported sale was the director’s participation in the issuer’s secondary offering, which occurred in conjunction with Wealthfront’s initial public offering.
What is the relationship of the reporting person to Wealthfront Corp (WLTH)?
The reporting person is identified as a director of Wealthfront Corp.