Wealthfront VP sells 26,738 shares at $10.1054
WEALTHFRONT CORP’s VP of Engineering sold shares under a Rule 10b5-1 plan and continues to hold over two hundred thousand shares.
Rhea-AI Filing Summary
WEALTHFRONT CORP (WLTH) reported that Kal Iyer, its VP, Engineering, sold 26,738 shares of common stock on September 17, 2026 in an open-market transaction under a pre-arranged Rule 10b5-1 trading plan adopted on January 14, 2026. The weighted-average sale price was $10.1054 per share, with individual trades executed between $9.985 and $10.24 per share. Following this transaction, Mr. Iyer directly held 232,494 shares of WEALTHFRONT CORP common stock.
Positive
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Insider Trade Summary 10b5-1
Net Seller: 26,738 shares
Net Sell
1 txn
Insider
IYER KAL
Role
VP, Engineering
Sold
26,738 shs ($270K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 26,738 | $10.1054 | $270K |
Holdings After Transaction:
Common Stock — 232,494 shares (Direct)
Footnotes (2)
- F1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.985 to $10.24 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 26,738 shares
Weighted-average sale price: $10.1054 per share
Sale price range: $9.985–$10.24 per share
+3 more
6 metrics
Shares sold
26,738 shares
Disposition of WEALTHFRONT CORP common stock on September 17, 2026
Weighted-average sale price
$10.1054 per share
Average price for 26,738 WEALTHFRONT CORP shares sold
Sale price range
$9.985–$10.24 per share
Price range of multiple sale transactions included in the Form 4
Shares held after transaction
232,494 shares
Direct holdings of WEALTHFRONT CORP common stock by Kal Iyer after the sale
Rule 10b5-1 plan adoption date
January 14, 2026
Date Kal Iyer adopted the trading plan used for this sale
Net shares sold in filing
26,738 shares
Net selling activity reported in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction, disposition
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted"
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
disposition financial
"26,738 shares reported as a disposition of common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did WEALTHFRONT CORP (WLTH) disclose for Kal Iyer?
The filing reports that VP, Engineering Kal Iyer sold 26,738 shares of WEALTHFRONT CORP common stock on September 17, 2026 in an open-market transaction.
Was the WEALTHFRONT CORP (WLTH) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 states the transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Kal Iyer on January 14, 2026.
What type of transaction did WEALTHFRONT CORP (WLTH) report for Kal Iyer on Form 4?
The transaction is reported as a sale of common stock in the open market or a private transaction, classified as a disposition of 26,738 shares on September 17, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.