Wealthfront Corp (WLTH) VP of Engineering discloses RSU conversions and tax withholding
Rhea-AI Filing Summary
Wealthfront Corp executive stock activity shows its VP of Engineering settling restricted stock units and related taxes. On December 15, 2025, several blocks of restricted stock units were converted into Common Stock at an exercise price of $0, adding 9,687, 20,387, 20,387, and 21,112 shares in separate transactions. After these conversions, the reporting person held 199,087 shares of Common Stock before tax withholding.
To cover tax obligations from this net settlement, 36,347 shares of Common Stock were withheld by Wealthfront Corp at a price of $14.19 per share, reducing the executive’s direct Common Stock holdings to 162,740 shares. The filing also notes multiple ongoing restricted stock unit awards that vest quarterly, subject to continued service, with initial vesting dates ranging from June 15, 2022 through June 15, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,687 | $0.00 | -- |
| 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 | Common Stock | 9,687 | $0.00 | -- |
| Exercise | Common Stock | 20,387 | $0.00 | -- |
| Exercise | Common Stock | 20,387 | $0.00 | -- |
| Exercise | Common Stock | 21,112 | $0.00 | -- |
| Tax Withholding | Common Stock | 36,347 | $14.19 | $516K |
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. 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, 2022. 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, 2023. 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.
FAQ
What insider stock activity did Wealthfront Corp (WLTH) report for December 15, 2025?
The VP of Engineering at Wealthfront Corp reported multiple conversions of restricted stock units into Common Stock on December 15, 2025, followed by withholding of shares to satisfy tax obligations related to those settlements.
What restricted stock unit (RSU) vesting schedule is disclosed for Wealthfront Corp (WLTH)?
The filing explains that each RSU award vests as to 1/16 of the total award quarterly on the fifteenth calendar day of June, September, December, and March, subject to continued service, with first tranches vesting on June 15, 2022, June 15, 2023, June 15, 2024, and June 15, 2025, depending on the grant.
Do Wealthfront Corp (WLTH) restricted stock units reported here have an expiration date?
The disclosure states that these restricted stock units do not expire; instead, they either vest or are cancelled prior to the vesting date.
What role does the reporting person hold at Wealthfront Corp (WLTH)?
The reporting person is identified as an Officer of Wealthfront Corp with the title VP, Engineering, and filed the report as a single reporting person.