Wetterwald Julien 4
4 · WEALTHFRONT CORP · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Wealthfront (WLTH) CTO Julien Wetterwald Exercises RSUs; Shares Withheld
What Happened
- Julien Wetterwald, Chief Technology Officer of Wealthfront (WLTH), had restricted stock units (RSUs) convert into common shares on March 15, 2026. Four tranches totaling 81,024 shares vested (20,525; 20,387; 21,112; 19,000 shares).
- The company withheld 29,208 of those shares on March 16, 2026 to satisfy tax withholding at a per-share value of $7.86, equal to $229,575. Net new shares retained by Wetterwald from this vesting event = 51,816. This was a vesting/settlement event (not an open-market sale or purchase).
Key Details
- Transaction dates: conversions/vesting on 2026-03-15 (acquired 81,024 shares at $0.00 per share); tax withholding on 2026-03-16 (29,208 shares withheld at $7.86 = $229,575).
- Codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to satisfy tax withholding.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes of note: F1 indicates the withheld shares were used to satisfy tax withholding; F2 confirms each RSU equals one share; F3–F7 describe quarterly vesting schedules for different awards (some tranches began vesting as early as 2022, with others starting in 2024–2026).
- Filing: Form 4 filed 2026-03-17 reporting events on 3/15–3/16; appears to have been filed within the normal two-business-day window.
Context
- This was a routine net settlement of vested RSUs (company withheld shares to cover taxes), not an open-market sale. Such withholding is common and doesn’t necessarily indicate a change in the insider’s view of the company.
- For retail investors, purchases are typically more informative than routine vesting; here the transaction increased Wetterwald’s net holdings by 51,816 shares after tax withholding.
Insider Transaction Report
Form 4
WEALTHFRONT CORPWLTH
Wetterwald Julien
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2026-03-15+20,525→ 695,761 total - Exercise/Conversion
Common Stock
2026-03-15+20,387→ 716,148 total - Exercise/Conversion
Common Stock
2026-03-15+21,112→ 737,260 total - Exercise/Conversion
Common Stock
2026-03-15+19,000→ 756,260 total - Tax Payment
Common Stock
[F1]2026-03-16$7.86/sh−29,208$229,575→ 727,052 total - Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]2026-03-15−20,525→ 20,525 total→ Common Stock (20,525 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F5][F4]2026-03-15−20,387→ 142,713 total→ Common Stock (20,387 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F6][F4]2026-03-15−21,112→ 232,238 total→ Common Stock (21,112 underlying) - Exercise/Conversion
Restricted Stock Units
[F2][F7][F4]2026-03-15−19,000→ 285,000 total→ Common Stock (19,000 underlying)
Footnotes (7)
- [F1]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.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
- [F3]The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of September, December, March, and June, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on September 15, 2022.
- [F4]These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
- [F5]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, 2024.
- [F6]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, 2025.
- [F7]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, 2026.
Signature
/s/ Lauren Lin, as Attorney-in-Fact|2026-03-17