Schmidt Michael Reed bought WLTH
September 26, 2025 · Form 4 insider transaction
Schmidt Michael Reed bought 34,014 shares of Wealthfront Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 172 days after the transaction.
Footnotes
Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.; This transaction occurred prior to the Issuer's registration of a class of equity securities under Section 12 of the Securities Exchange Act of 1934, as amended, in connection with the Issuer's initial public offering. The transaction is reported herein pursuant to Rule 16a-2(a). The reported transaction is an exempt transaction with the Issuer and this restricted stock unit award was previously reported on the reporting person's Form 3.; 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.; These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.