STOCK TITAN

Wealthfront (WLTH) VP of Engineering sells 28,498 shares under 10b5-1 plan

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

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

  • None.

Negative

  • None.

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 IYER KAL
Role VP, Engineering
Sold 28,498 shs ($241K)
Type Security Shares Price Value
Sale Common Stock 28,498 $8.4573 $241K
Holdings After Transaction: Common Stock — 225,771 shares (Direct, null)
Footnotes (1)
  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.
Shares sold 28,498 shares Open-market sale on June 17, 2026
Weighted average sale price $8.4573 per share Common stock sale on June 17, 2026
Post-transaction holdings 225,771 shares Direct ownership after June 17, 2026 sale
Price range of trades $8.32–$8.64 per share Multiple transactions within disclosed range
Transaction code S (open-market sale) Non-derivative common stock transaction
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.
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 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.
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.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
IYER KAL

(Last)(First)(Middle)
C/O WEALTHFRONT CORPORATION
261 HAMILTON AVENUE

(Street)
PALO ALTO CALIFORNIA 94301

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
WEALTHFRONT CORP [ WLTH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Engineering
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/17/2026S(1)28,498D$8.4573(2)225,771D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026.
2. 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.
/s/ Lauren Lin, as Attorney-in-Fact06/22/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Wealthfront (WLTH) executive Kal Iyer report in the latest Form 4?

Kal Iyer, VP of Engineering at WEALTHFRONT CORP, reported selling 28,498 shares of common stock. The transaction was an open-market sale on June 17, 2026, and was carried out under a pre-arranged Rule 10b5-1 trading plan adopted earlier in 2026.

How many WEALTHFRONT CORP (WLTH) shares did Kal Iyer sell and at what price?

Kal Iyer sold 28,498 WEALTHFRONT CORP common shares at a weighted average price of $8.4573 per share. The filing notes the shares were sold in multiple trades within a range of $8.32 to $8.64 per share on June 17, 2026.

How many WEALTHFRONT CORP (WLTH) shares does Kal Iyer hold after this transaction?

After the reported sale, Kal Iyer directly holds 225,771 shares of WEALTHFRONT CORP common stock. This figure reflects his position immediately following the June 17, 2026 open-market sale of 28,498 shares disclosed in the Form 4 insider trading report.

Was the recent WEALTHFRONT CORP (WLTH) insider sale made under a Rule 10b5-1 plan?

Yes. The filing states the transaction was executed under a Rule 10b5-1 trading plan adopted by Kal Iyer on January 14, 2026. Such plans pre-schedule trades, indicating the timing of this 28,498-share sale was determined in advance rather than decided opportunistically.

What type of transaction did Kal Iyer execute in WEALTHFRONT CORP (WLTH) stock?

Kal Iyer executed an open-market sale of WEALTHFRONT CORP common stock, coded as an “S” transaction. It involved selling 28,498 shares at a weighted average price of $8.4573, with prices ranging between $8.32 and $8.64, as disclosed in the filing footnotes.