Company: WLTH
Filing Date: 2025-08-22
Form Type: DRS/A
Source: 0001628279-25-000564
Chunk: 317

Company: WEALTHFRONT CORP
Filing Date: 2025-08-22
Form: DRS/A
Chunk 317
---
='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 |     |   |   2025 |
|:-------------------------------------------------------------------|:----|:------------------------------|-------:|:----|:--|-------:|
| Product development                                                |     | $                             |  8,692 |     | $ |  7,325 |
| General and administrative                                         |     |                               |  2,647 |     |   |  2,041 |
| Marketing                                                          |     |                               |    582 |     |   |    536 |
| Operations and support                                             |     |                               |  1,334 |     |   |  1,099 |
| Total stock-based compensation expense                             |     |