WILSON L MICHELLE 4

What Happened

• Michelle L. Wilson, a director of Wealthfront Corp (WLTH), had 2,126 restricted stock units (RSUs) converted/settled on March 15, 2026. The Form 4 records an acquisition of 2,126 shares at $0.00 (exercise/conversion) and a corresponding disposition of 2,126 derivative securities at $0.00. No cash was paid or proceeds reported in the filing.

Key Details

• Transaction date: 2026-03-15 (reported on Form 4 filed 2026-03-17). Filing appears timely for a Form 4.
• Prices reported: $0.00 per share for both the acquisition and the derivative disposition; total reported proceeds $0.
• Shares owned after the transaction: not specified in the filing.
• Footnotes of note:
  • F1: Each RSU is a contingent right to one share upon settlement.
  • F2: These awards vest in 1/16 tranches quarterly (Sept/Dec/Mar/June); first tranche vested 9/15/2025.
  • F3: RSUs do not expire; they either vest or are cancelled before vesting.
• Transaction code: M (exercise or conversion of derivative); the matching disposition likely reflects the settlement mechanics of the RSU award.

Context

• This filing reflects RSU vesting/settlement (conversion of derivative rights into shares), not an open-market purchase or a voluntary sale. Such vesting/settlement transactions are routine compensation events and do not by themselves indicate insider buying or selling intent.
• Retail investors should treat this as a compensation-related issuance rather than a market-direction signal.