Wealthfront (WLTH) VP trades stock and RSUs under 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Wealthfront Corp VP of Engineering Kal Iyer reported a mix of stock sales and equity compensation activity. On June 15, 2026, he exercised restricted stock units into 77,448 shares of common stock, then sold 45,772 shares in an open-market transaction at an average price of $8.9183 per share under a pre-arranged Rule 10b5-1 trading plan.

The company also withheld 41,784 shares at $8.80 per share to cover tax obligations from the net settlement of vested units. The filing further discloses a previously unreported grant of 249,000 restricted stock units on December 30, 2025, which vest in 1/16 quarterly installments, each unit representing a right to receive one share of common stock upon settlement.

Insider Trade Summary 10b5-1

Net Seller: 45,772 shares ($408,208)

Net Sell 11 txns

Insider IYER KAL

Role VP, Engineering

Sold 45,772 shs ($408K)

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	20,387	$0.00	--
Exercise	Restricted Stock Units	20,387	$0.00	--
Exercise	Restricted Stock Units	21,112	$0.00	--
Exercise	Restricted Stock Units	15,562	$0.00	--
Exercise	Common Stock	20,387	$0.00	--
Exercise	Common Stock	20,387	$0.00	--
Exercise	Common Stock	21,112	$0.00	--
Exercise	Common Stock	15,562	$0.00	--
Tax Withholding	Common Stock	41,784	$8.80	$368K
Sale	Common Stock	45,772	$8.9183	$408K
Grant/Award	Restricted Stock Units	249,000	$0.00	--

Holdings After Transaction: Restricted Stock Units — 61,163 shares (Direct, null); Common Stock — 284,764 shares (Direct, null)

Footnotes (1)

The transaction represents the number of shares of Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2023. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2024. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2025. The December 30, 2025 award of restricted stock units to the reporting person was not previously reported on a Form 4 due to inadvertent administrative error. The grant is reported late on this Form 4, together with the initial vesting of the award. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2026.

Key Figures

Open-market sale: 45,772 shares at $8.9183 Tax withholding shares: 41,784 shares at $8.80 Shares from exercises: 77,448 shares +3 more

6 metrics

Open-market sale 45,772 shares at $8.9183 Common Stock sale on June 15, 2026

Tax withholding shares 41,784 shares at $8.80 Shares withheld to satisfy tax liabilities

Shares from exercises 77,448 shares Common shares acquired via derivative exercises

RSU grant size 249,000 units Restricted stock units awarded on December 30, 2025

Net buy/sell shares -45,772 shares Net share direction in this Form 4

Vesting cadence 1/16 quarterly RSU awards vest each quarter on the 15th

Key Terms

Rule 10b5-1 trading plan, restricted stock units, tax withholding liabilities, net settlement, +1 more

5 terms

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.

restricted stock units financial

"Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock"

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.

tax withholding liabilities financial

"shares of Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement"

net settlement financial

"withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units"

grant, award, or other acquisition financial

"Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

06/17/2026 - 04:17 PM

SEC Form 4

FORM 4

UNITED 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).

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP, Engineering

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/15/2026		M		20,387	A	$0	284,764	D
Common Stock	06/15/2026		M		20,387	A	$0	305,151	D
Common Stock	06/15/2026		M		21,112	A	$0	326,263	D
Common Stock	06/15/2026		M		15,562	A	$0	341,825	D
Common Stock	06/15/2026		F⁽¹⁾		41,784	D	$8.8	300,041	D
Common Stock	06/15/2026		S⁽²⁾		45,772	D	$8.9183	254,269	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽³⁾	06/15/2026		M			20,387	⁽⁴⁾	⁽⁵⁾	Common Stock	20,387	$0	61,163	D
Restricted Stock Units	⁽³⁾	06/15/2026		M			20,387	⁽⁶⁾	⁽⁵⁾	Common Stock	20,387	$0	142,713	D
Restricted Stock Units	⁽³⁾	06/15/2026		M			21,112	⁽⁷⁾	⁽⁵⁾	Common Stock	21,112	$0	232,238	D
Restricted Stock Units	⁽³⁾	12/30/2025		A⁽⁸⁾		249,000		⁽⁹⁾	⁽⁵⁾	Common Stock	249,000	$0	249,000	D
Restricted Stock Units	⁽³⁾	06/15/2026		M			15,562	⁽⁹⁾	⁽⁵⁾	Common Stock	15,562	$0	233,438	D

Explanation of Responses:

1. The transaction represents the number of shares of Common Stock withheld by the Issuer to satisfy tax withholding liabilities in connection with the net settlement of restricted stock units.

2. This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026.

3. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.

4. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2023.

5. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

6. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2024.

7. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2025.

8. The December 30, 2025 award of restricted stock units to the reporting person was not previously reported on a Form 4 due to inadvertent administrative error. The grant is reported late on this Form 4, together with the initial vesting of the award.

9. The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on June 15, 2026.

	/s/ Lauren Lin, as Attorney-in-Fact	06/17/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Wealthfront (WLTH) VP Kal Iyer do in this Form 4 filing?

Kal Iyer reported a combination of stock sales and equity vesting. He exercised restricted stock units into 77,448 common shares, sold 45,772 shares in the open market, and had additional shares withheld to cover tax liabilities tied to these vesting events.

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

He sold 45,772 shares of Wealthfront common stock in an open-market transaction. The reported average sale price was $8.9183 per share, reflecting a planned disposition executed under a Rule 10b5-1 trading plan adopted earlier in the year.

What portion of Kal Iyer’s Wealthfront (WLTH) shares were withheld for taxes?

The issuer withheld 41,784 shares of common stock at $8.80 per share. This withholding covered tax liabilities arising from the net settlement of vested restricted stock units, a standard mechanism that avoids the executive needing to pay cash for the tax obligations.

What restricted stock unit grant did Kal Iyer receive from Wealthfront (WLTH)?

He received a grant of 249,000 restricted stock units on December 30, 2025. Each unit equals one share of common stock upon settlement, and the award vests in 1/16 increments quarterly, subject to continued service with Wealthfront on each vesting date.

Was the Wealthfront (WLTH) RSU grant to Kal Iyer previously disclosed?

No. The filing notes the December 30, 2025 grant of 249,000 restricted stock units was not previously reported due to an administrative error. It is now disclosed together with the initial vesting events associated with that award in this Form 4.

What is the vesting schedule for Kal Iyer’s Wealthfront (WLTH) RSU awards?

Each RSU award vests as to 1/16 of the total grant on the fifteenth day of June, September, December, and March. Vesting continues quarterly, provided Kal Iyer remains in service, and vested units convert into one share of Wealthfront common stock each.