Wealthfront (WLTH) director gets 2,125 shares from RSU vesting
Rhea-AI Filing Summary
Wealthfront Corp disclosed that one of its directors acquired 2,125 shares of common stock on December 11, 2025 at a price of $0, through the settlement of restricted stock units. After this transaction, the director beneficially owns 2,125 shares of common stock directly and 31,889 restricted stock units.
The restricted stock units represent rights to receive one share of common stock per unit and were subject to a performance condition satisfied in connection with Wealthfront’s initial public offering and a service-based vesting schedule. The award vests in 1/16 increments quarterly on the fifteenth day of September, December, March, and June, starting September 15, 2025, and each unit will either vest or be cancelled before its vesting date.
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FAQ
What insider transaction did Wealthfront (WLTH) report in this Form 4?
A director of Wealthfront Corp reported acquiring 2,125 shares of common stock on December 11, 2025 at a price of $0, through the settlement of restricted stock units.
How many Wealthfront (WLTH) shares and units does the director hold after the transaction?
Following the reported transaction, the director beneficially owns 2,125 shares of Wealthfront common stock directly and 31,889 restricted stock units.
What are the terms of the Wealthfront (WLTH) restricted stock units reported?
Each restricted stock unit represents a right to receive one share of Wealthfront common stock upon settlement. The units were subject to a performance condition tied to the company’s initial public offering and to a service-based vesting schedule.
How do the restricted stock units for Wealthfront (WLTH) vest over time?
The award vests as to 1/16 of the total units quarterly on the fifteenth calendar day of September, December, March, and June, starting on September 15, 2025, subject to the director’s continued service.
Do the Wealthfront (WLTH) restricted stock units have an expiration date?
The filing states that these restricted stock units do not expire; they will either vest according to the schedule or be cancelled before the relevant vesting date.
How is the Wealthfront (WLTH) IPO related to this director’s restricted stock units?
The award was granted with a performance-based vesting condition that was satisfied in connection with Wealthfront’s initial public offering, after which the remaining vesting depends on continued service under the quarterly schedule.