WEALTHFRONT CORP·4

Jun 25, 4:13 PM ET

Bisharat Jaleh 4

Research Summary

AI-generated summary

Updated

Wealthfront (WLTH) Director Bisharat Jaleh Receives RSU Award

What Happened

  • Bisharat Jaleh, a director of Wealthfront Corp. (WLTH), received an award of 19,446 restricted stock units (RSUs) on 2026-06-23. The grant price is $0.00 (transaction code A — award/grant). These are derivative awards that convert to common shares upon settlement; there was no cash purchase or sale.

Key Details

  • Transaction date: 2026-06-23; filing date: 2026-06-25 (filed within the typical 2-business-day Form 4 window).
  • Award: 19,446 RSUs at $0.00 per unit (no immediate cash value reported).
  • Shares owned after transaction: Not disclosed in the provided filing summary.
  • Footnotes from the filing:
    • F1: Each RSU represents a contingent right to one share upon settlement.
    • F2: The entire award vests on the earlier of the next annual stockholders’ meeting or the first anniversary of the grant, subject to continuous service.
    • F3: These RSUs do not expire; they either vest or are cancelled prior to vesting.
  • Transaction code: A = Award/Grant. No tax-withholding or sale (codes F or S) noted.

Context

  • RSU grants to directors are a common form of compensation and do not represent an open-market purchase or sale. Because these units vest in the future (subject to service), they do not necessarily signal immediate insider buying or selling. This filing reports the grant itself and is informational about future potential share issuance upon vesting.