Rent the Runway Form 144: Becky Case Signals Minor Share Sale

Rhea-AI Filing Summary

Rent the Runway, Inc. (RENT) filed a Form 144 indicating that insider Becky Case plans to sell up to 647 Class A common shares, with an estimated market value of $3,668.49. The proposed trade will be executed through Morgan Stanley Smith Barney on or after 08/01/2025 on Nasdaq.

The shares were originally acquired via RSU vesting under the company’s incentive plan on 07/11/2023 (49 shares) and 11/01/2023 (598 shares). Form 144 also discloses that Case sold 1,405 shares over the prior three months—647 shares on 05/02/2025 for $2,754.47 and 758 shares on 06/17/2025 for $3,615.66.

With 3,866,254 Class A shares outstanding, the new planned sale represents roughly 0.02 % of the float. Form 144 is only a notice; the sale may not ultimately occur. Nonetheless, the filing signals continued, albeit modest, insider disposition following recent sales.

Positive

• Sale volume is immaterial at ~0.02 % of Class A shares, limiting dilution or market impact.
• Transparent disclosure via Form 144 provides visibility into insider activity.

Negative

• Continued insider selling (1,405 shares sold in prior 3 months) can be perceived negatively by some investors, even if small.

Insights

Equity Analyst

TL;DR: Routine, very small insider sale; negligible dilution impact.

The filing covers a proposed disposition of 647 RENT shares by insider Becky Case, worth under $4k. Added to 1,405 shares already sold this quarter, total insider selling remains immaterial versus the 3.9 MM Class A shares outstanding. No operational or financial metrics are provided, and the sale stems from RSU vesting—common for employee liquidity. Given the minuscule size (<0.02 % of float) and absence of adverse disclosures, I view the event as neutral for valuation and sentiment.

FAQ

What did Rent the Runway (RENT) file with the SEC?

RENT filed Form 144, a notice of a planned insider sale of up to 647 Class A shares.

Who is selling the shares and how many?

Insider Becky Case intends to sell 647 shares valued at about $3,668.

When can the shares be sold?

The approximate sale date is 08/01/2025, subject to market conditions.

How significant is the sale relative to shares outstanding?

The planned sale equals roughly 0.02 % of the 3,866,254 Class A shares outstanding.

Were there recent insider sales at RENT?

Yes. Becky Case sold 647 shares on 05/02/2025 and 758 shares on 06/17/2025, totaling 1,405 shares.

Does Form 144 guarantee the sale will occur?

No. Form 144 is only a notice; the insider may decide not to sell or may sell fewer shares.

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

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Accepted by SEC EDGAR 08/01/2025 - 09:23 AM 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	0001995136
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	Becky Case
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	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	647	3668.49	3866254	08/01/2025	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	08/01/2025	Shares acquired upon vesting of restricted stock units awarded under Issuers incentive award plan	Issuer			49	07/11/2023	Services Rendered
Class A Common Stock	08/01/2025	Shares acquired upon vesting of restricted stock units awarded under Issuers incentive award plan	Issuer			598	11/01/2023	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
Becky Case 10 Jay St Brooklyn NY 11201	Class A Common Stock	05/02/2025	647	2754.47
Becky Case 10 Jay St Brooklyn NY 11201	Class A Common Stock	06/17/2025	758	3615.66

144: Remarks and Signature

Remarks	Shares to be sold to cover withholding taxes upon vesting of restricted stock unit awards pursuant to standing Rule 10b5-1 sell to cover instruction.
Date of Notice	08/01/2025
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	01/04/2022
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 Becky Case
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)