Wealthfront (WLTH) VP of Engineering sells 28,498 shares under 10b5-1 plan
Rhea-AI Filing Summary
WEALTHFRONT CORP VP of Engineering Kal Iyer reported an open-market sale of company stock. On June 17, 2026, Iyer sold 28,498 shares of common stock at a weighted average price of $8.4573 per share. After this transaction, Iyer directly holds 225,771 shares of WEALTHFRONT CORP common stock. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 14, 2026, indicating it was scheduled in advance rather than timed discretionarily.
Positive
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Negative
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Insights
Routine Rule 10b5-1 insider sale with moderate size versus holdings.
WEALTHFRONT CORP VP of Engineering Kal Iyer completed an open-market sale of 28,498 common shares at a weighted average of $8.4573. Following the trade, he directly holds 225,771 shares, so the sale represents a minority portion of his disclosed stake.
The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 14, 2026. Such plans are set in advance and typically signal scheduled liquidity rather than an opportunistic market-timing decision. There are no derivative exercises or complex structures in this filing, and no remaining derivatives are reported.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,498 | $8.4573 | $241K |
Footnotes (1)
- This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.32 to $8.64 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.