IYER KAL 4
4 · WEALTHFRONT CORP · Filed Jun 22, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
WEALTHFRONT CORPWLTH
IYER KAL
VP, Engineering
Transactions
- Sale
Common Stock
[F1][F2]2026-06-17$8.46/sh−28,498$241,016→ 225,771 total
Footnotes (2)
- [F1]This transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on January 14, 2026.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.32 to $8.64 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Lauren Lin, as Attorney-in-Fact|2026-06-22