They agree because they are the same number.
The figure in the footnote, the cap table and the Form 4 is supposed to be one number. On Unfold CFO it is: a grant is approved once, and the filing, the schedule and the disclosure are all generated from that event. Nothing is re-keyed, so there is no second version to drift.
Why equity disclosures drift
The cap table lives in one spreadsheet, the expense model in another, and the filings are drafted from emails. Three sources, three versions of the truth.
Version drift
The footnote was drafted from last month's cap table. Two grants and a forfeiture later, it's wrong.
Hand-tied numbers
Expense ties out by hand at quarter-end — and the rounding differences surface during the audit.
Disclosure mismatch
Form 4 says one holding, the beneficial-ownership table says another. Both were right — on different days.
What one record gives you
Each of these is a consequence of storing the fact once, not a comparison run afterwards.
The footnote is generated, not typed
Shares outstanding, options outstanding and weighted-average figures are produced from the cap table itself. There is no second version of the number to disagree with the first.
ASC 718 reconciles to the cent
Expense recognised plus unrecognised compensation must equal grant-date fair value within $0.01, and that check runs on every award. If it does not reconcile, the schedule says so rather than printing a total.
Forms 4 and 5 come from the grant
The filing is drafted from the approval that triggered it — same share count, same date, same person — so the register and the form cannot describe different events.
Tax documents follow the same events
W-2 Code V, 3921 and 1099-NEC are produced from the exercise and vesting events the expense was computed from, not re-keyed from a payroll extract.
What this does not do
Stated here rather than discovered later. The same rule governs every tool: if a number cannot be stood behind, it is not printed.
- We do not read a 10-Q you drafted elsewhere and compare it to your record. If your filing was written from a spreadsheet, checking it against ours is a job for a person.
- We do not reconcile figures you typed on the Documents tier — a number entered by hand can only be checked against other numbers entered by hand, and we say so on the pricing page rather than implying otherwise.
- We are the preparer, never the filer of record. You or your filing agent submit.
How it works
Import once
Grants, people and plans come in by CSV or Excel — or accumulate naturally as you run equity in the product.
Approve a grant
One approval fans out: the Form 4 draft, the 83(b) window, the vesting schedule, the ASC 718 expense and the deadline all derive from that single event.
Export the evidence
Every figure carries the dated, approved source event behind it. The audit package prints that provenance beside the number.
File with numbers that were never apart.
Equity is $999 per company, per month, and the first 30 days are free. Your employees and participants never pay, however many there are.
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