Company: WLTH
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001628280-25-043113
Chunk: 390

Company: WEALTHFRONT CORP
Filing Date: 2025-09-29
Form: S-1
Chunk 390
---
 modification over the fair value of the original award immediately before the modification.

During the three and six months ended July 31, 2024 and 2025, the Company did not have any modification of stock options.

#### Restricted Stock Units
RSUs are issued at no cost to the recipient and can be settled only in shares after the RSUs have vested. RSUs do not provide the holder with voting rights or cash dividends. The m ajority of RSUs vest upon satisfaction of time-based service and performance-based conditions (“dual-trigger R SUs”). During the three and six months ended July 31, 2024 and 2025 , no stock-based compensation expense was recognized for dual-trigger RSUs as the performance condition, the occurrence of a qualifying event such as a n IPO, was not probable.

A summary of RSU activity for the six months ended July 31, 2025 under the Plans is as follows:

|                                 |     | Number of Shares |            |     | Weighted Average Grant Date Fair Value |       |
|:--------------------------------|:----|:-----------------|-----------:|:----|:---------------------------------------|------:|
| Outstanding at January 31, 2025 |     |                  | 31,294,850 |     | $                                      |  8.23 |
| Granted                         |     |                  |  3,762,419 |     |                                        | 14.03 |
| Settled                         |     |                  |     -2,000 |     |                                        |  7.62 |
| Forfeited                       |     |                  |   -812,886 |     |                                        |  5.86 |
| Outstanding at July 31, 2025    |     |                  | 34,242,383 |     | $                                      |  8.52 |

As of July 31, 2025, unrecognized stock-based compensation expense related to unvested RSUs was $308.6 million, which is expected to be recognized over a weighted-average period of 1.6 years.

<div align='center'>F-54</div>

### WEALTHFRONT CORPORATION
<div align='center'>Notes to Unaudited Condensed Consolidated Financial Statements</div>

#### Allocation of Stock-Based Compensation
Stock-based compensation expense recognized in the condensed consolidated statements of operations for the three and six months ended July 31, 2024 and 2025 was as follows (in thousands):

|