---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-008816"
form_type: "8-K"
ticker: "WLTH"
cik: "0001524566"
company_name: "WEALTHFRONT CORP"
filed_at: "2026-02-18T23:59:59+00:00"
generated_at: "2026-05-16T02:02:22.908270+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Wealthfront buys CEO's 95.1% stake in subsidiary Wealthfront Holdings for $1

## Summary
- Acquired CEO David Fortunato's 95.1% LLC interest in Wealthfront Holdings LLC for $1.
- Wealthfront Holdings LLC is sole member of Wealthfront Home Lending, now indirect wholly-owned subsidiary.
- Internal reorganization; no change in operations, economics, or control of Wealthfront Home Lending.
- Transaction completed after regulatory waiting period; prior stake already effectively controlled by company.

## SEC filing metadata
- accession: 0001628280-26-008816
- form_type: 8-K
- ticker: WLTH
- cik: 0001524566
- company_name: WEALTHFRONT CORP
- filed_at: 2026-02-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1524566/000162828026008816/0001628280-26-008816-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1524566/000162828026008816/wlth-20260216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-008816
- JSON: https://secwatch.observer/filing/0001628280-26-008816.json
- Plain text: https://secwatch.observer/filing/0001628280-26-008816.txt

## Key facts
- Material Agreements
  WEALTHFRONT CORP entered into Equity Purchase Agreement with David Fortunato valued at nominal consideration in the amount of one dollar ($1) (effective 2026-02-16).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: David Fortunato
  - Value: nominal consideration in the amount of one dollar ($1)
  - Effective: 2026-02-16
  source text: On February 16, 2026: The Company entered into an Equity Purchase Agreement with David Fortunato, the Company’s Chief Executive Officer and President, attached hereto as Exhibit 10.1 (the “Purchase Agreement”). Pursuant to the Purchase Agreement, the Company acquired the entirety of Mr. Fortunato’s limited liability company interest in Wealthfront Holdings LLC, the sole member of Wealthfront Home Lending, representing 95.1% of the aggregate limited liability company interests of Wealthfront Holdings LLC (the “Ownership Interest”), for nominal consideration in the amount of one dollar ($1).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1524566/000162828026008816/0001628280-26-008816-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.