Form 4: Wealthfront CEO Sells Shares
Insider Transaction (Form 4)
David Fortunato, CEO and President and a Director of Wealthfront Corp, sold 122,203 shares of common stock on September 15, 2026.
Summary
- Option exercise/conversion: acquired 76,463 Common Stock on September 15, 2026; holds 1,972,016 after (Direct).
- Option exercise/conversion: acquired 79,181 Common Stock on September 15, 2026; holds 2,051,197 after (Direct).
- Option exercise/conversion: acquired 59,531 Common Stock on September 15, 2026; holds 2,110,728 after (Direct).
- Open-market sale: disposed of 93,289 Common Stock at $10.73 ($1,001,028) on September 15, 2026; holds 2,017,439 after (Direct).
- Open-market sale: disposed of 28,914 Common Stock at $10.19 ($294,663) on September 16, 2026; holds 1,988,525 after (Direct).
- Option exercise/conversion: disposed of 76,463 Restricted Stock Units on September 15, 2026; holds 152,925 after (Direct).
- Option exercise/conversion: disposed of 79,181 Restricted Stock Units on September 15, 2026; holds 475,088 after (Direct).
- Option exercise/conversion: disposed of 59,531 Restricted Stock Units on September 15, 2026; holds 595,313 after (Direct).
Sentiment
Score: 3
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $1,295,691 of stock on the open market.
Insider Transactions
David Fortunato — Director, Officer (CEO and President)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-15 | Option exercise/conversion | Common Stock | 76,463 | — | — | 1,972,016 |
| 2026-09-15 | Option exercise/conversion | Common Stock | 79,181 | — | — | 2,051,197 |
| 2026-09-15 | Option exercise/conversion | Common Stock | 59,531 | — | — | 2,110,728 |
| 2026-09-15 | Open-market sale | Common Stock | 93,289 | $11 | $1.0M | 2,017,439 |
| 2026-09-16 | Open-market sale | Common Stock | 28,914 | $10 | $294.7K | 1,988,525 |
| 2026-09-15 | Option exercise/conversion | Restricted Stock Units | 76,463 | — | — | 152,925 |
| 2026-09-15 | Option exercise/conversion | Restricted Stock Units | 79,181 | — | — | 475,088 |
| 2026-09-15 | Option exercise/conversion | Restricted Stock Units | 59,531 | — | — | 595,313 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-15 | Option exercise/conversion (76,463 shares) |
| 2026-09-15 | Option exercise/conversion (79,181 shares) |
| 2026-09-15 | Option exercise/conversion (59,531 shares) |
| 2026-09-15 | Open-market sale (93,289 shares) |
| 2026-09-16 | Open-market sale (28,914 shares) |
| 2026-09-15 | Option exercise/conversion (76,463 shares) |
| 2026-09-15 | Option exercise/conversion (79,181 shares) |
| 2026-09-15 | Option exercise/conversion (59,531 shares) |
Keywords
insider transaction, Form 4, WLTH, WEALTHFRONT CORP, bearish, David Fortunato
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