Reformation (REF) CFO reports 67,782 IPO-linked RSUs in initial ownership
Rhea-AI Filing Summary
Reformation Inc. reported the initial equity holdings of its Chief Financial Officer, Joshua Moore, in connection with becoming a public company. The filing lists Moore as an officer and discloses 67,782 shares of common stock underlying restricted stock units. These RSUs were granted on April 3, 2025 and will vest in connection with the completion of the company’s initial public offering, then settle on the later of the applicable lock-up expiration (or March 15, 2027, if earlier) and the RSU vesting date. Each RSU represents a contingent right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moore Joshua
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 67,782 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted on April 3, 2025, which will vest in connection with the completion of the issuer's initial public offering but settle on the later of (i) the expiration of any applicable lock-up agreements with the underwriters (or March 15, 2027, if earlier) and (ii) the vesting date of such RSUs. Each RSU represents a contingent right to receive one share of common stock.
Key Figures
RSUs / Shares Reported: 67,782 shares
Grant Date of RSUs: April 3, 2025
Earliest Settlement Reference Date: March 15, 2027
+2 more
5 metrics
RSUs / Shares Reported
67,782 shares
Total shares of common stock underlying RSUs reported as directly owned following the holding entry
Grant Date of RSUs
April 3, 2025
Date on which the restricted stock units reported in the filing were granted
Earliest Settlement Reference Date
March 15, 2027
If earlier than lock-up expiration, used as an alternative reference date for settlement timing of RSUs
Officer Title
Chief Financial Officer
Corporate position held by reporting person Joshua Moore at Reformation Inc.
RSU-to-Share Ratio
1 RSU : 1 share
Each restricted stock unit represents a contingent right to receive one share of common stock
Key Terms
restricted stock units ("RSUs"), initial public offering, lock-up agreements, contingent right
4 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted on April 3, 2025, which will vest"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
initial public offering financial
"which will vest in connection with the completion of the issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
lock-up agreements financial
"settle on the later of (i) the expiration of any applicable lock-up agreements"
A lock-up agreement is a contract that prevents company insiders—founders, employees, and early investors—from selling their shares for a set period after a public stock offering. It matters to investors because it keeps a large block of shares off the market temporarily; when the lock-up ends, those holders can sell and this increased supply can cause the stock price to fall, similar to a timed release that suddenly opens a valve.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
FAQ
What insider ownership does REF CFO Joshua Moore report on this Form 3?
Joshua Moore reports beneficial ownership of 67,782 shares of Reformation Inc. common stock underlying restricted stock units. These RSUs were granted on April 3, 2025 and will vest in connection with the company’s initial public offering, then settle after lock-up expiration and RSU vesting.
How many RSUs linked to REF stock does Joshua Moore hold and what do they represent?
Joshua Moore holds 67,782 restricted stock units tied to Reformation Inc. common stock. Each RSU represents a contingent right to receive one share of common stock, subject to vesting in connection with the IPO and later settlement conditions.
When do Joshua Moore’s REF RSUs vest and settle?
The RSUs vest in connection with completion of Reformation Inc.’s initial public offering. Settlement occurs on the later of (i) expiration of applicable lock-up agreements with underwriters (or March 15, 2027, if earlier) and (ii) the RSU vesting date.
Does this REF Form 3 show recent insider buying or selling by Joshua Moore?
No recent buying or selling is indicated; the Form 3 reports holdings rather than transactions. It discloses 67,782 RSUs granted on April 3, 2025, which vest and settle based on IPO completion and lock-up-related timing conditions.
What role does Joshua Moore hold at Reformation Inc. (REF) according to this Form 3?
Joshua Moore is identified as the company’s Chief Financial Officer. As an officer, he is required to report his initial beneficial ownership of Reformation Inc. equity securities, which in this filing consists of RSUs convertible into common stock upon vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
