Wealthfront (WLTH) CTO sells 39,810 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wealthfront Corp Chief Technology Officer Julien Wetterwald reported an open-market sale of 39,810 shares of Common Stock at an average price of $8.4552 per share.
The transaction was executed under a Rule 10b5-1 trading plan adopted by Wetterwald on January 14, 2026, and he continues to hold 727,052 shares directly after the sale.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 39,810 shares ($336,602)
Net Sell
1 txn
Insider
Wetterwald Julien
Role
Chief Technology Officer
Sold
39,810 shs ($337K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 39,810 | $8.4552 | $337K |
Holdings After Transaction:
Common Stock — 727,052 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 39,810 shares
Average sale price: $8.4552 per share
Shares held after sale: 727,052 shares
+1 more
4 metrics
Shares sold
39,810 shares
Open-market sale of Wealthfront Corp Common Stock
Average sale price
$8.4552 per share
Price for the 39,810 WLTH shares sold
Shares held after sale
727,052 shares
Direct holdings of Julien Wetterwald post-transaction
Planned trading arrangement
Rule 10b5-1 plan
Plan adopted on January 14, 2026 governing this sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, Form 4
4 terms
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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WLTH CTO Julien Wetterwald report?
Julien Wetterwald, Chief Technology Officer of Wealthfront Corp, reported an open-market sale of 39,810 shares of Common Stock at an average price of $8.4552 per share, executed pursuant to a pre-established Rule 10b5-1 trading plan.
Was the WLTH insider sale by Julien Wetterwald under a Rule 10b5-1 plan?
Yes. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Julien Wetterwald on January 14, 2026. Such plans pre-schedule trades, indicating this disposition followed a predetermined arrangement rather than ad hoc market timing.
Does the Form 4 show WLTH derivative securities for Julien Wetterwald?
No derivative transactions are listed for Julien Wetterwald in this Form 4. The filing only reports a single non-derivative transaction in Common Stock, with derivativeSummary showing no remaining derivative positions in this specific disclosure.