Wealthfront director exercises 40,550 RSUs into stock
WEALTHFRONT CORP director Jason Kilar exercised restricted stock units into 40,550 shares of Common Stock.
Rhea-AI Filing Summary
WEALTHFRONT CORP director Jason Kilar exercised restricted stock units into 40,550 shares of Common Stock. On 2026-03-15, he converted 17,007 and 23,543 restricted stock units into an equal number of Common Stock shares at a stated price of $0.00 per share.
Following these exercises, Kilar directly holds 623,075 shares of Common Stock. Footnotes explain that each restricted stock unit represents a right to receive one share upon settlement and that the awards vest based on continued service, with vesting occurring on specified quarterly dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 17,007 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 23,543 | $0.00 | $0.00 |
| Exercise | Common Stock | 17,007 | $0.00 | $0.00 |
| Exercise | Common Stock | 23,543 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
- F2. The award vests in full on March 15, 2026, subject to the reporting person's continued service to the Issuer on the vesting date.
- F3. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- F4. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Wealthfront (WLTH) director Jason Kilar report in this Form 4?
Were Jason Kilar’s Wealthfront (WLTH) transactions open-market buys or sells?
What do the restricted stock unit footnotes mean for Wealthfront (WLTH) investors?
How many restricted stock units did Jason Kilar exercise in this Wealthfront (WLTH) Form 4?
Do Jason Kilar’s Wealthfront (WLTH) transactions indicate any stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.