Wealthfront (WLTH) director receives 19,446 restricted stock units award

Rhea-AI Filing Summary

Schmidt Michael Reed reported acquisition or exercise transactions in this Form 4 filing.

WEALTHFRONT CORP director Michael Reed Schmidt received a grant of 19,446 restricted stock units (RSUs). Each RSU represents a right to receive one share of Wealthfront common stock at settlement, so the award currently corresponds to 19,446 potential shares.

The entire award will vest on the earlier of the next annual stockholder meeting or the first anniversary of the grant date, as long as Schmidt continues serving through that date. After this grant, he holds 19,446 RSUs directly and no sale or open-market purchase occurred.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schmidt Michael Reed

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	19,446	$0.00	--

Holdings After Transaction: Restricted Stock Units — 19,446 shares (Direct, null)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement. The entire award shall vest on the earlier to occur of: (i) the date of the next annual meeting of the Issuer's stockholders and (ii) the first anniversary of the grant date, in each case subject to the reporting person's continuous service through such date. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

Key Figures

RSUs granted: 19,446 units Price per RSU: $0.0000 per unit RSUs owned after grant: 19,446 units +1 more

4 metrics

RSUs granted 19,446 units Restricted Stock Units awarded to director on grant date

Price per RSU $0.0000 per unit Reported transaction price for RSU grant

RSUs owned after grant 19,446 units Total RSUs directly held following this transaction

Underlying common shares 19,446 shares Common stock underlying the reported RSU award

Key Terms

Restricted Stock Units, vesting, continuous service, Common Stock

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

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.

vesting financial

"The entire award shall vest on the earlier to occur of the specified dates"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

continuous service financial

"subject to the reporting person's continuous service through such date"

Common Stock financial

"one share of the Issuer's Common Stock upon settlement"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 04:18 PM Accepted by SEC EDGAR 06/25/2026 - 04:18 PM Learn about SEC filing dates

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^*

Schmidt Michael Reed

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/23/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	06/23/2026		A		19,446		(2)	(3)	Common Stock	19,446	$0	19,446	D

Explanation of Responses:

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

2. The entire award shall vest on the earlier to occur of: (i) the date of the next annual meeting of the Issuer's stockholders and (ii) the first anniversary of the grant date, in each case subject to the reporting person's continuous service through such date.

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

	/s/ Lauren Lin, as Attorney-in-Fact	06/25/2026
	** 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)

FAQ

What insider transaction did Wealthfront (WLTH) report for Michael Reed Schmidt?

Wealthfront reported that director Michael Reed Schmidt received 19,446 restricted stock units as an equity award. These RSUs are a form of stock-based compensation and represent a contingent right to receive an equal number of Wealthfront common shares upon settlement and vesting.

How many Wealthfront (WLTH) shares are covered by Michael Reed Schmidt’s new RSU award?

The RSU grant covers 19,446 units, each tied to one Wealthfront common share. If all units vest and settle, Schmidt could receive 19,446 shares, reflecting the entire RSU position reported as owned directly following this transaction in the Form 4 filing.

When do Michael Reed Schmidt’s Wealthfront (WLTH) RSUs vest?

The entire RSU award vests on the earlier of Wealthfront’s next annual stockholder meeting or the first anniversary of the grant date. Vesting is conditional on Schmidt’s continuous service with the company through that date, otherwise units may be cancelled before vesting.

Was Michael Reed Schmidt’s Wealthfront (WLTH) RSU transaction a stock purchase or sale?

The transaction is a grant of 19,446 restricted stock units as compensation, not an open-market stock purchase or sale. The Form 4 uses code “A,” indicating a grant or award acquisition with no cash price per share reported for this RSU issuance.

Do Michael Reed Schmidt’s Wealthfront (WLTH) RSUs have an expiration date?

The filing states these restricted stock units do not expire in the traditional sense. Instead, they either vest on the specified vesting date or are cancelled beforehand, meaning they end if vesting conditions are not satisfied rather than lapsing on a fixed expiration date.