Rent the Runway director plans sale of 75K shares

Rhea-AI Filing Summary

Rent the Runway, Inc. (RENT) director and former officer Dhiren Fonseca has filed a notice of proposed sale under Rule 144 for 75,000 shares of Class A common stock, with an indicated aggregate market value of $144,750, to be sold through Morgan Stanley Smith Barney LLC on or after September 18, 2026 on NASDAQ.

The 75,000 shares were acquired on July 23, 2026 upon vesting and settlement of restricted stock units granted under Rent the Runway’s incentive award plan as consideration for services rendered, and the filing also lists prior open-market sales over the preceding three months.

Key Figures

Shares proposed for sale under Rule 144: 75,000 shares Aggregate market value of proposed sale: $144,750 Shares outstanding: 33,774,121 shares +5 more

8 metrics

Shares proposed for sale under Rule 144 75,000 shares Class A common stock to be sold by Dhiren Fonseca

Aggregate market value of proposed sale $144,750 Estimated value of 75,000 Class A shares

Shares outstanding 33,774,121 shares Class A common stock referenced in the Rule 144 notice

Approximate sale date September 18, 2026 Planned Rule 144 sale of 75,000 shares

Shares sold on September 14, 2026 25,132 shares Class A common stock sold for $48,680.68

Proceeds on September 14, 2026 sale $48,680.68 Sale of 25,132 shares by Dhiren Fonseca

Shares sold on July 24, 2026 34,516 shares Class A common stock sold for $103,220.10

Proceeds on July 24, 2026 sale $103,220.10 Sale of 34,516 shares by Dhiren Fonseca

Key Terms

Rule 144, restricted stock units, incentive award plan, attorney-in-fact, +1 more

5 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock units financial

"Shares acquired upon vesting and settlement of restricted stock units awarded"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

incentive award plan financial

"restricted stock units awarded under Issuers incentive award plan"

An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.

attorney-in-fact regulatory

"Signature | /s/ Cara Schembri as Attorney-in-fact for Dhiren"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

NASDAQ market

"09/18/2026 | NASDAQ"

The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider sale did Rent the Runway (RENT) disclose in this Form 144?

The filing reports that Dhiren Fonseca, a director and former officer of Rent the Runway, intends to sell 75,000 shares of Class A common stock under Rule 144 through Morgan Stanley Smith Barney LLC.

What is the market value of the RENT shares covered by this Form 144?

The notice states an aggregate market value of approximately $144,750 for the 75,000 shares of Rent the Runway Class A common stock proposed to be sold under Rule 144.

When were the 75,000 RENT shares proposed for sale acquired?

The 75,000 shares were acquired on July 23, 2026 upon vesting and settlement of restricted stock units awarded under Rent the Runway’s incentive award plan as consideration for services rendered.

When may the 75,000 Rent the Runway shares be sold and on what exchange?

The Form 144 lists an approximate sale date of September 18, 2026, with the shares to be sold on NASDAQ through Morgan Stanley Smith Barney LLC, subject to Rule 144 conditions.

What Rent the Runway insider sales occurred in the past three months before this notice?

The filing lists prior sales by Dhiren Fonseca of 25,132 shares for $48,680.68 on September 14, 2026 and 34,516 shares for $103,220.10 on July 24, 2026.

How many Rent the Runway shares are outstanding as referenced in this Form 144?

The document references 33,774,121 shares of Rent the Runway Class A common stock outstanding in connection with the Rule 144 sale information.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/18/2026 - 01:29 PM Accepted by SEC EDGAR 09/18/2026 - 01:28 PM Learn about SEC filing dates

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	0001460261
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Rent the Runway, Inc.
SEC File Number	001-40958
Address of Issuer	10 Jay Street Brooklyn NEW YORK 11201
Phone	2125246860
Name of Person for Whose Account the Securities are To Be Sold	Dhiren Fonseca
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	Director
Relationship to Issuer	Former Officer

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	75000	144750	33774121	09/18/2026	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	07/23/2026	Shares acquired upon vesting and settlement of restricted stock units awarded under Issuers incentive award plan	Issuer			75000	07/23/2026	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
Dhiren Fonseca 10 Jay St Brooklyn NY 11201	Class A Common Stock	09/14/2026	25132	48680.68
Dhiren Fonseca 10 Jay St Brooklyn NY 11201	Class A Common Stock	07/24/2026	34516	103220.10

144: Remarks and Signature

Remarks
Date of Notice	09/18/2026
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	/s/ Cara Schembri as Attorney-in-fact for Dhiren Fonseca
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)