RACHLEFF ANDREW S 4

What Happened Andrew S. Rachleff, a 10% owner of Wealthfront Corp (WLTH), received a grant of 19,446 restricted stock units (RSUs) on 2026-06-23. The award was reported as an acquisition (award/derivative) at $0.00 per unit (total reported value $0 at grant). The RSUs are a contingent right to receive one share of Wealthfront common stock upon settlement.

Key Details

• Transaction date: 2026-06-23 (reported on Form 4 filed 2026-06-25).
• Transaction type/code: Grant/Award (A) of 19,446 RSUs at $0.00.
• Reported value at grant: $0 (typical for RSU awards; value realized depends on future share price at settlement).
• Shares owned after transaction: Not stated in the provided filing.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share upon settlement.
  • F2: Vesting occurs on the earlier of the next annual meeting or the first anniversary of the grant, subject to continuous service.
  • F3: RSUs do not expire; they either vest or are cancelled prior to vesting.
• Timeliness: Filing appears timely (transaction 2026-06-23; Form 4 filed 2026-06-25).

Context RSU grants are a common form of compensation/retention and do not involve an out‑of‑pocket purchase by the insider at grant. Because these are contingent awards that vest subject to continued service, they do not by themselves indicate immediate buying or selling sentiment. As a 10% owner, Rachleff is a significant shareholder; this filing documents a compensation-related award rather than an open-market investment.