Michael Schmidt reports an option exercise at Wealthfront
By AlphaYouPublished Form 4
Schmidt Michael Reed
Reporting filer
Michael Reed Schmidt reports an option exercise, not an open-market purchase or sale, in Wealthfront Corp. Form 4 filed Sep 17, 2026 lists 2 entries.
- Disclosed
- Sep 17, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Schmidt Michael Reed | 2026-09-15 | M | Exercise or conversion | 2126 | 0 | 6,377 | 2 days | Filed terms
|
| Restricted Stock Units (derivative) | Schmidt Michael Reed | 2026-09-15 | M | Exercise or conversion | 2126 | 0 | 27,637 | 2 days | Filed terms
|
Common Stock
- Owner
- Schmidt Michael Reed
- Date
- 2026-09-15
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2126
- Price
- 0
- Following holdings
- 6,377
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Common Stock
- transaction Date: 2026-09-15
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 2126
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 6377
- direct Or Indirect Ownership: D
- nature Of Ownership:
Restricted Stock Units (derivative)
- Owner
- Schmidt Michael Reed
- Date
- 2026-09-15
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 2126
- Price
- 0
- Following holdings
- 27,637
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Restricted Stock Units
- id: F1
- transaction Date: 2026-09-15
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 2126
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- id: F2
- id: F3
- underlying Security Title: Common Stock
- underlying Security Shares: 2126
- shares Owned Following Transaction: 27637
- direct Or Indirect Ownership: D
- nature Of Ownership:
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Schmidt Michael Reed: Director.
- F1: Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock upon settlement.
- F2: The award vested or vests as to 1/16 of the total award quarterly on the fifteenth calendar day of March, June, September, and December, subject to the reporting person's continued service to the Issuer on each vesting date, with the first tranche vested on March 15, 2026.
- F3: These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.
Original sources
Prepared automatically from public filing data. Report a correction.