Company: WLTH
Filing Date: 2025-12-11
Form Type: S-1/A
Source: 0001628280-25-056439
Chunk: 430

Company: WEALTHFRONT CORP
Filing Date: 2025-12-11
Form: S-1/A
Chunk 430
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 were early exercised by employees and subject to repurchase . As of July 31, 2025, the Company did not have unvested shares that were early exercised by employees and subject to repurchase.

#### Modification of Stock Options
The Company has, from time to time, modified the terms of stock options granted to its employees. The Comp any accounts for the incremental increase in the fair value over the original award on the date of the modification as an expense for vested awards or over the remaining service (vesting) period for unvested awards. The incremental compensation cost is the excess of the fair value-based measure of the modified award on the date of 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