Rent the Runway (RENT) plans sale of 35,660 Class A shares under Rule 144
Rhea-AI Filing Summary
Rent the Runway Inc. filed a notice of proposed sale of 35,660 shares of Class A common stock under Rule 144. The shares are to be sold through Morgan Stanley Smith Barney LLC on the NASDAQ market, with an approximate aggregate market value of $112,685.6 as of the filing details. These shares were acquired upon vesting and settlement of restricted stock units granted under the company’s incentive award plan for services rendered, with the acquisition dated 02/27/2026 and a proposed sale date of 07/23/2026.
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Key Figures
Shares proposed for sale: 35,660 shares
Approximate aggregate market value: $112,685.6
Proposed sale date: 07/23/2026
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4 metrics
Shares proposed for sale
35,660 shares
Class A common stock to be sold under Rule 144
Approximate aggregate market value
$112,685.6
Value associated with the 35,660 shares proposed for sale
Proposed sale date
07/23/2026
Planned date of Rule 144 stock sale
Acquisition date of RSU shares
02/27/2026
Date shares were acquired upon vesting and settlement of RSUs
Key Terms
Rule 144, restricted stock units, incentive award plan
3 terms
Rule 144 regulatory
"filed a notice of proposed sale of 35,660 shares of Class A common stock under 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 were acquired upon vesting and settlement of restricted stock units granted under the company’s plan"
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 granted under the company’s incentive award plan for services rendered"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What type of securities is Rent the Runway (RENT) planning to sell under this notice?
The notice covers 35,660 shares of Class A common stock of Rent the Runway Inc., proposed to be sold on the NASDAQ through Morgan Stanley Smith Barney LLC.