Trade Summary
3 months ago, Fortunato David, serving as CEO, Pres at Wealthfront Corp (WLTH), sold 765,154 shares at $14.00 per share, for a total transaction value of $10,712,156.00. Following this transaction, Fortunato David now holds 1,371,514 shares of WLTH.
This sale represents a 36.00% decrease in Fortunato David's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, December 11, 2025 and publicly disclosed via SEC Form 4 filing on Tuesday, March 17, 2026, 96 days after the trade was made.
Wealthfront Corp operates in the TECHNOLOGY sector, specifically within the SOFTWARE - APPLICATION industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.