Company: WLTH
Filing Date: 2025-12-11
Form Type: S-1/A
Source: 0001628280-25-056439
Chunk: 398

Company: WEALTHFRONT CORP
Filing Date: 2025-12-11
Form: S-1/A
Chunk 398
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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 majority of RSUs vest upon satisfaction of time-based service and performance-based conditions (“dual-trigger RSUs”). As of January 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 an IPO, was not probable.

<div align='center'>F-28</div>

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

A summary of RSU activity for the fiscal year ended January 31, 2025 under the Plans is as follows:

|                                 |     | Number of Shares |            |     | Weighted-Average Grant Date Fair Value |       |
|:--------------------------------|:----|:-----------------|-----------:|:----|:---------------------------------------|------:|
| Outstanding at January 31, 2024 |     |                  | 22,177,257 |     | $                                      |  6.77 |
| Granted                         |     |                  | 10,257,879 |     |                                        | 11.64 |
| Settled                         |     |                  |     -4,000 |     |                                        |  7.62 |
| Forfeited                       |     |                  | -1,136,286 |     |                                        |  8.20 |
| Outstanding at January 31, 2025 |     |                  | 31,294,850 |     | $                                      |  8.23 |

As of January 31, 2024 and 2025, unrecognized stock-based compensation expense related to unvested RSUs was $147.6 million and $268.5 million, respectively, which is expected to be recognized over a weighted-average period of 2.1 years and 1.9 years, respectively.

#### Allocation of Stock-Based Compensation
Stock-based compensation expense recognized in the consolidated statements of operations for the fiscal years ended January 31, 2024 and 2025 was as follows (in thousands):

|                                                                    |     | Fiscal Year Ended January 31, |   2024 |     |   |