4Accepted Sep 18, 4:20 PM ET
Wealthfront (WLTH) VP Engineering Iyer Kal Sells 26,738 Shares
Accepted (ET)
4:20 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
5.5 KB
Summary
Wealthfront (WLTH) VP Engineering Iyer Kal Sells 26,738 Shares
What Happened
Iyer Kal, Vice President of Engineering at Wealthfront (WLTH), sold 26,738 shares on 2026-09-17 in an open-market transaction. The reported weighted-average price was $10.11 per share, generating total proceeds of approximately $270,198. This was a sale (not a purchase) and was executed pursuant to a pre-existing Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-09-17; Form 4 filed: 2026-09-18 (filed promptly).
- Price: weighted average $10.11; individual sale prices ranged from $9.985 to $10.24 per share.
- Total proceeds: ~$270,198.
- Shares owned after transaction: not specified in the summary filing (see Form 4 for post-transaction holdings).
- Footnotes: F1 — sale executed under a Rule 10b5-1 plan adopted Jan 14, 2026. F2 — weighted-average price with range; reporter will provide per-price breakdown on request.
- Filing timeliness: appears timely (filed the day after the trade).
Context
Sales made under a Rule 10b5-1 plan are pre-arranged and typically indicate scheduled selling rather than an ad-hoc decision based on current company information. This filing reports a routine insider sale; it is factual disclosure and does not by itself indicate company performance or insider sentiment.