Rent the Runway insider files Form 144 disclosing recent and planned share sales

Rhea-AI Filing Summary

Rent the Runway, Inc. (RENT) Form 144 notice: An affiliate reported proposed sale of 1,947 shares of Class A common stock through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $12,421.86 and an approximate sale date of 09/15/2025. The securities were acquired on 09/15/2025 via vesting of restricted stock units granted under the issuer's incentive award plan, with portions attributable to services rendered on 04/13/2023 and 03/15/2024. The filing also discloses prior sales by the same person: 2,019 shares on 06/17/2025 and 399 shares on 08/04/2025, generating gross proceeds of $9,630.63 and $1,799.49, respectively.

Positive

• Full Rule 144 disclosure elements provided: broker, acquisition dates, nature of acquisition, share counts, and prior sales are all disclosed
• Broker identified: Morgan Stanley Smith Barney named as executing broker and NASDAQ listed as exchange

Negative

• Insider liquidity activity: filer sold 2,418 shares in the past three months and proposes an additional 1,947-share sale, which may be viewed negatively by some investors
• No trading-plan date disclosed: the form does not indicate adoption of a Rule 10b5-1 trading plan or plan adoption date

Insights

Financial Analyst

TL;DR: Insider reported modest planned sale of vested RSUs; prior recent sales were disclosed and proceeds provided.

The filing shows an affiliate intends to sell a relatively small block of 1,947 Class A shares via a broker on NASDAQ with an indicated market value of $12,421.86. The shares were acquired on vesting of RSUs, with grant-related service dates noted. The filer also reported two recent dispositions totaling 2,418 shares that generated about $11,430.12 in gross proceeds. For investors, this is a routine insider liquidity event disclosed under Rule 144; the amounts reported are explicit in the form and do not by themselves indicate material corporate developments.

Compliance / Governance Analyst

TL;DR: Form 144 appears complete for Rule 144 disclosure: broker, acquisition details, past sales and representations are provided.

The notice lists the broker (Morgan Stanley Smith Barney), acquisition method (vesting of RSUs under the issuer's incentive plan), exact share counts, acquisition and sale dates, and gross proceeds for prior sales, aligning with Rule 144 reporting elements. The signer makes the required representation about material nonpublic information. The filing does not provide any indication of trading-plan adoption or additional restrictions; no regulatory exceptions or concerns are shown in the document itself.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A Common Stock	Morgan Stanley Smith Barney LLC 1 New York Plaza 38th Floor New York NY 10004	1947	12421.86	3941332	09/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A Common Stock	09/15/2025	Shares acquired upon vesting of restricted stock units awarded under Issuers incentive award plan	Issuer			753	04/13/2023	Services Rendered
Class A Common Stock	09/15/2025	Shares acquired upon vesting of restricted stock units awarded under Issuers incentive award plan	Issuer			1194	03/15/2024	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Siddharth Thacker 10 Jay St Brooklyn NY 11201	Class A Common Stock	06/17/2025	2019	9630.63
Siddharth Thacker 10 Jay St Brooklyn NY 11201	Class A Common Stock	08/04/2025	399	1799.49

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the RENT Form 144 disclose about the proposed sale?

The notice reports a proposed sale of 1,947 Class A common shares through Morgan Stanley Smith Barney on NASDAQ with an aggregate market value of $12,421.86 and an approximate sale date of 09/15/2025.

Who is the person selling shares and what recent sales are reported?

The filing identifies prior sales by Siddharth Thacker: 2,019 shares on 06/17/2025 (gross proceeds $9,630.63) and 399 shares on 08/04/2025 (gross proceeds $1,799.49), and shows the proposed sale tied to the same account.

How were the shares acquired that are being sold under Form 144?

The securities were acquired on 09/15/2025 upon vesting of restricted stock units awarded under the issuer's incentive award plan, with amounts of 753 and 1,194 shares linked to service dates of 04/13/2023 and 03/15/2024, respectively.

Which broker and exchange are listed for the proposed sale in RENT Form 144?

The broker is listed as Morgan Stanley Smith Barney LLC and the securities exchange named is NASDAQ.

Does the Form 144 state whether a Rule 10b5-1 trading plan is in place?

No. The filing does not provide a date of plan adoption or explicitly state that a Rule 10b5-1 trading plan applies.