Form 4: Wealthfront CEO Sells Shares
Insider Transaction (Form 4)
David Fortunato, CEO and President and a Director of Wealthfront Corp, sold 100,000 shares of common stock on September 17, 2026 for $10.14 per share.
Summary
- Open-market sale: disposed of 50,000 Common Stock at $10.14 ($507,190) on September 17, 2026; holds 1,938,525 after (Direct).
- Open-market sale: disposed of 50,000 Common Stock at $10.14 ($507,190) on September 17, 2026; holds 281,807 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,014,380 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
David Fortunato — Director, Officer (CEO and President)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-17 | Open-market sale | Common Stock | 50,000 | $10 | $507.2K | 1,938,525 |
| 2026-09-17 | Open-market sale | Common Stock | 50,000 | $10 | $507.2K | 281,807 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-17 | Open-market sale (50,000 shares) |
| 2026-09-17 | Open-market sale (50,000 shares) |
Keywords
insider transaction, Form 4, WLTH, WEALTHFRONT CORP, bearish, David Fortunato
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