Fortunato David 4/A

What Happened David Fortunato, CEO, President and Director of Wealthfront Corp (WLTH), had 115,872 shares of common stock withheld to satisfy tax withholding obligations related to the net settlement of restricted stock units. The shares were valued at $14.19 each, for a total of approximately $1,644,224. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: December 15, 2025; Price: $14.19 per share; Shares withheld/disposed: 115,872; Total value: ~$1,644,224.
• Filing: Amended Form 4 filed March 17, 2026 to correct the number of shares withheld (previously reported as 109,267, now 115,872).
• Shares owned after transaction: Fortunato directly beneficially owned 1,470,816 shares; his spouse directly held 61,996 shares (per amendment).
• Footnote: Transaction code F — shares were withheld by the issuer to satisfy tax withholding on RSU net settlement.
• Timeliness: This filing is an amendment to a prior Form 4; the amendment corrects the withheld share count and should be read with any subsequent Forms 4 through the amendment date.

Context Net-settlement tax withholdings are common when restricted stock units vest; the issuer retains/sells a portion of shares to cover taxes. Such withholding is routine administrative action and does not necessarily indicate the insider’s market view.