Wealthfront Corporation

02/18/2026 | Press release | Distributed by Public on 02/18/2026 08:01

Material Agreement (Form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.
On December 16, 2025, Wealthfront Home Lending, LLC ("Wealthfront Home Lending") filed an advance change notice with applicable state mortgage regulators in anticipation of the planned internal corporate reorganization described herein.
Upon the expiration of the required waiting periods following its issuance of this notice, Wealthfront Corporation (the "Company") entered into the following transaction 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). Following this transaction, the Company became the sole owner of 100.0% of the limited liability company interests of Wealthfront Holdings LLC. As a wholly-owned subsidiary of Wealthfront Holdings LLC, Wealthfront Home Lending is now an indirect wholly-owned subsidiary of the Company.
As previously described in the Company's Form S-1 filed in connection with its Initial Public Offering, Wealthfront Corporation has the ability to direct the significant activities of Wealthfront Home Lending and absorbs and funds all benefits and losses of Wealthfront Home Lending. These operations and economics remain unchanged following this reorganization.
The foregoing description of the Purchase Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of such document, a copy of which is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference.
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