Tiger Global sells 7,004,912 shares of WLTH at $14.00 (3 days post-IPO); retains 15,156,877 shares
Tiger Global Management LLC, a 10% owner, sold 7,004,912 shares at $14.00 on 2025-12-15, reducing its stake by 31.6% to 15,156,877 shares post-transaction. This sale occurred just 3 trading days after Wealthfront's public listing, with the current market price at $12.85 as of 2025-12-16. The timing warrants attention: a significant early-stage insider reduction at a newly public company, executed above current market price, suggests a predetermined exit window rather than a response to near-term developments. The substantial retained position of 15.16M shares indicates this is a partial liquidity event rather than a complete stake reduction.