Imberman Alan 4

What Happened
Alan Imberman, CFO and Treasurer of Wealthfront Corp (WLTH), had restricted stock units (RSUs) vest and convert to common stock on June 15, 2026. The filing shows three conversion entries totaling 64,201 shares (23,625 + 17,763 + 22,813) recorded at $0.00 (typical for RSU settlement). The company withheld 25,264 of those shares to cover tax withholding at an effective price of $8.80 per share, totaling $222,323. After withholding, Imberman received approximately 38,937 shares (64,201 converted − 25,264 withheld).

Key Details

• Transaction date: 2026-06-15; Form 4 filed 2026-06-17 (appears timely).
• Conversions/exercises (code M): 23,625; 17,763; 22,813 shares — all at $0.00 (these are RSU conversions).
• Tax withholding (code F): 25,264 shares withheld at $8.80 per share for $222,323. This satisfies tax withholding in a net-settlement (F2).
• Implied net shares delivered to insider: ~38,937 shares.
• Filing notes: Includes 2,500 shares acquired under the company ESPP (exempt) (F1). Footnotes describe these as RSUs (each RSU = 1 share) with quarterly vesting schedules (F3–F7) and no expiration prior to vesting.
• Filing timeliness: Reported two days after the transaction date; no late filing flag indicated.

Context
This was a standard RSU vesting and net-settlement for tax withholding (not an open-market purchase or directed sale). Code M indicates exercise/conversion of derivative securities (here, conversion of RSUs to shares); code F indicates shares were withheld to cover tax obligations. Such net settlements are routine compensation events and do not directly signal a buy or sell opinion by the insider.