WEALTHFRONT CORP·4

Mar 17, 5:14 PM ET

KILAR JASON 4

4 · WEALTHFRONT CORP · Filed Mar 17, 2026

Research Summary

AI-generated summary of this filing

Updated

Wealthfront (WLTH) Director Jason Kilar Converts RSUs to Shares

What Happened

  • Jason Kilar, a director of Wealthfront Corp (WLTH), reported the conversion/settlement of restricted stock units (derivative transactions) on March 15, 2026. The filing shows acquisitions of 17,007 and 23,543 shares (total 40,550) at $0.00 and simultaneous dispositions of the same amounts also at $0.00. These entries reflect the vesting and conversion/settlement of RSUs rather than an open‑market buy or sale.

Key Details

  • Transaction date: March 15, 2026; Form filed: March 17, 2026 (timely).
  • Reported transactions: Acquired 17,007 and 23,543 shares (total 40,550) via derivative conversion (code M) at $0.00; identical amounts also reported as disposed at $0.00.
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes: F1–F4 state these were restricted stock units (each convertible to one share), the award vested in full March 15, 2026 subject to continued service, RSUs do not expire, and the award originally vested 1/16 quarterly beginning March 15, 2023.
  • Filing does not specify whether the simultaneous dispositions represent net settlement, tax withholding, or another settlement mechanism.

Context

  • This was a routine vesting/conversion of RSUs (derivative conversion), not an open‑market purchase or a typical sale; the $0.00 price indicates conversion/settlement rather than a cash transaction. Routine RSU vesting by insiders is common and typically reflects compensation reaching settlement rather than a directional bet on the stock.

Insider Transaction Report

Form 4
Period: 2026-03-15
KILAR JASON
Director
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-15+17,007599,532 total
  • Exercise/Conversion

    Common Stock

    2026-03-15+23,543623,075 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2][F3]
    2026-03-1517,0070 total
    Common Stock (17,007 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4][F3]
    2026-03-1523,54370,632 total
    Common Stock (23,543 underlying)
Footnotes (4)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
  • [F2]The award vests in full on March 15, 2026, subject to the reporting person's continued service to the Issuer on the vesting date.
  • [F3]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
  • [F4]The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of March, June, September, and December, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on March 15, 2023.
Signature
/s/ Lauren Lin, as Attorney-in-Fact|2026-03-17

Documents

1 file
  • 4
    form4-03172026_090345.xmlPrimary