Company: TRUE
Filing Date: 2025-02-21
Form Type: 10-K/A
Source: 0001327318-25-000010
Chunk: 50

Company: TrueCar, Inc.
Filing Date: 2025-02-21
Form: 10-K/A
Chunk 50
---
 stock-based compensation expense for unvested option awards was $ 0.1million, which is expected to be recognized over a weighted-average period of 0.3years.

There were no option grants in 2024, 2023, or 2022. The Company recorded stock-based compensation expense for stock option awards of $ 0.2million, $ 0.9million, and $ 1.5million, for the years ended December 31, 2024, 2023, and 2022, respectively.

The total intrinsic value of options exercised in 2024, 2023, and 2022 was less than $ 0.1million, $ 0.1million, and less than $ 0.1million, respectively.

<div align='center'>F-29</div>

#### TrueCar, Inc.

### Notes to Consolidated Financial Statements (Continued)
Restricted Stock Units

A summary of the Company’s restricted stock unit (“RSU”) activity for the year ended December 31, 2024 is as follows:

|                                |     | Number of Shares |            |     | Weighted-Average Grant Date Fair Value |      |
|:-------------------------------|:----|:-----------------|-----------:|:----|:---------------------------------------|-----:|
| Non-vested — December 31, 2023 |     |                  |  5,763,510 |     | $                                      | 2.94 |
| Granted                        |     |                  |  3,784,400 |     |                                        | 3.49 |
| Vested                         |     |                  | -2,766,719 |     |                                        | 3.16 |
| Forfeited                      |     |                  | -1,298,214 |     |                                        | 3.22 |
| Non-vested — December 31, 2024 |     |                  |  5,482,977 |     | $                                      | 3.15 |

The total fair market value of RSUs that vested for the years ended December 31, 2024, 2023, and 2022 was $ 9.1million, $ 8.3million, and $ 8.4million, respectively.

The weighted-average grant-date fair value of RSUs granted for the years ended December 31, 2024, 2023, and 2022 was $ 3.49,