RACHLEFF ANDREW S 4

4 · WEALTHFRONT CORP · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Wealthfront (WLTH) Founder Andrew Rachleff Exercises 29,762 RSUs

What Happened

Andrew S. Rachleff, founder and reported 10% owner of Wealthfront Corp (WLTH), had 29,762 derivative units converted into 29,762 common shares on March 15, 2026 (transaction code M). The filing shows an acquisition of 29,762 shares at $0.00 and a contemporaneous disposition of 29,762 shares at $0.00, indicating conversion/settlement of restricted stock units (RSUs) and an immediate transfer rather than a cash sale.

Key Details

Transaction date: March 15, 2026; Filing date: March 17, 2026 (Form 4 accession 0001190190-26-000004).
Reported amounts: 29,762 shares acquired @ $0.00 and 29,762 shares disposed @ $0.00 (code M = exercise/conversion of derivative).
Shares owned after transaction: Not specified in the provided filing excerpt.
Notable footnotes:
- F4–F6: These were restricted stock units (RSUs) — each RSU converts to one share, vested in full on March 15, 2026, and do not expire.
- F1–F3: The resulting shares are directly held by family trusts (Rachleff Family Revocable Trust and two irrevocable trusts) for which Rachleff and his spouse are co‑trustees and beneficiaries; the disposition likely reflects transfer into those trusts.
Filing timeliness: Filed two days after the transaction date; the filing does not indicate a late/untimely report.

Context

M (exercise/conversion) here reflects RSU settlement: RSUs vested and converted into shares at $0.00 (no cash exercise price), then transferred to family trusts. Such conversions and intra-family trust transfers are common for compensation settlement or estate/planning purposes and are not the same as an open-market sale or purchase.

Form 4

Period: 2026-03-15

Director10% Owner

Transactions

Exercise/Conversion
Common Stock
2026-03-15+29,762→ 29,762 total
Exercise/Conversion
Restricted Stock Units
[F4][F5][F6]
2026-03-15−29,762→ 0 total
→ Common Stock (29,762 underlying)

Holdings

Footnotes (6)

[F1]The reported securities are directly held by the Rachleff Family Revocable Trust UTD 5/19/92, for which the reporting person and his spouse serve as co-trustees, and of which the reporting person and his household members are the beneficiaries.
[F2]The reported securities are directly held by The Jake Alexander Rachleff 2015 Irrevocable Trust u/a/d 5/15/2015, for which the reporting person and his spouse serve as co-trustees, and of which their child is the beneficiary.
[F3]The reported securities are directly held by The Shelby Elizabeth Rachleff 2015 Irrevocable Trust u/a/d 5/15/2015, for which the reporting person and his spouse serve as co-trustees, and of which their child is the beneficiary.
[F4]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
[F5]The award vests in full on March 15, 2026, subject to the reporting person's continued service to the Issuer on the vesting date.
[F6]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

Signature

/s/ Lauren Lin, as Attorney-in-Fact|2026-03-17

1 file