Wealthfront (WLTH) VP Engineering Iyer Kal Sells 28,498 Shares

What Happened
Iyer Kal, Vice President of Engineering at Wealthfront (WLTH), disposed of 28,498 shares in an open-market sale on June 17, 2026. The reported weighted-average sale price was $8.46 per share, for aggregate proceeds of approximately $241,016. This was a sale (not a purchase or exercise).

Key Details

• Transaction date: June 17, 2026. Filing date: June 22, 2026 (appears to be filed after the typical 2-business-day Form 4 deadline).
• Price: weighted average $8.46; individual trades ranged from $8.32 to $8.64 per share (see footnote).
• Shares sold: 28,498; total reported proceeds ≈ $241,016.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Notable footnotes: (F1) Sale executed under a Rule 10b5-1 trading plan adopted January 14, 2026; (F2) reported price is a weighted average and the filer can provide per-transaction prices within the stated range on request.

Context
Trades executed under a 10b5-1 plan are pre-scheduled and often reflect automated/planned selling rather than a real-time view of company prospects. Sales by officers are common and are not, by themselves, a clear signal about the company’s future performance.