Wealthfront director gets 23,544 shares in RSU vest
Wealthfront director Jason Kilar settled 23,544 RSUs into common shares on September 15, 2026, bringing his direct holdings to 670,163 shares.
Rhea-AI Filing Summary
WEALTHFRONT CORP (WLTH) director Jason Kilar reported the vesting and settlement of restricted stock units into common stock. On September 15, 2026, 23,544 restricted stock units were exercised into 23,544 shares of common stock at $0.00 per share, leaving him with 670,163 shares of common stock held directly. Each restricted stock unit represents a contingent right to receive one share of common stock and vests in quarterly installments, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
23,544 shares exercised/converted
Exercise
2 txns
Insider
KILAR JASON
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2, F3 | 23,544 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,544 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 23,544 contracts (Direct);
Common Stock — 670,163 shares (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 award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of March, June, September, and December, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on March 15, 2023.
- F3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs exercised: 23,544 units
Common shares acquired: 23,544 shares
Holdings after transaction: 670,163 shares
+2 more
5 metrics
RSUs exercised
23,544 units
Restricted Stock Units converted into common stock on September 15, 2026
Common shares acquired
23,544 shares
Shares of WEALTHFRONT CORP common stock received from RSU settlement on September 15, 2026
Holdings after transaction
670,163 shares
Direct ownership of WEALTHFRONT CORP common stock following the September 15, 2026 transactions
Vesting schedule fraction
1/16 per quarter
Portion of RSU award that vests each quarter on specified dates
First vesting date
March 15, 2023
Date when the first RSU tranche under this award vested
Key Terms
Restricted Stock Units, vesting, contingent right
3 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.
vesting financial
"The award vested or vests as to 1/16 of the total award quarterly"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Common Stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did WLTH director Jason Kilar report in this Form 4?
He reported the exercise and settlement of 23,544 restricted stock units into 23,544 shares of WEALTHFRONT CORP common stock on September 15, 2026, reflecting routine equity compensation vesting rather than an open-market purchase or sale.
Was Jason Kilar’s WLTH transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these transactions.
What type of security did Jason Kilar exercise into WLTH common stock?
He exercised 23,544 Restricted Stock Units, each representing a contingent right to receive one share of WEALTHFRONT CORP common stock upon settlement, resulting in issuance of the same number of common shares.
How do Jason Kilar’s WLTH restricted stock units vest?
The award vests as to 1/16 of the total RSU grant quarterly on March 15, June 15, September 15, and December 15, conditioned on continued service, with the first tranche vested on March 15, 2023.
Do Jason Kilar’s WLTH restricted stock units expire?
According to the disclosure, these restricted stock units do not expire; they either vest or are cancelled prior to the vesting date, depending on service and award conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
