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[144] Rent the Runway, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Rent the Runway, Inc. (symbol RENT) has filed a Form 144 indicating that an affiliate plans to sell up to 399 Class A common shares through Morgan Stanley Smith Barney on or about 01 Aug 2025. The filing lists an aggregate market value of $2,262.33 for the proposed sale, versus 3,866,254 shares outstanding, translating to roughly 0.01 % of the reported float.

The same individual—identified under the “Securities Sold During the Past 3 Months” section as Siddharth Thacker—previously sold 400 shares on 02 May 2025 for $1,702.92 and 2,019 shares on 17 Jun 2025 for $9,630.63, bringing total recent disposals to 2,419 shares and gross proceeds of $11,333.55. All shares referenced were acquired via the vesting of restricted stock units granted under the company’s incentive award plan, recorded as “services rendered.”

The notice contains no operational or financial updates; it simply fulfills Rule 144 requirements. Given the small volume and dollar amount, the planned sale is unlikely to exert a material impact on RENT’s share supply or market pricing.

Positive
  • None.
Negative
  • None.

Insights

TL;DR Minor insider sale (399 shares) after 2,419 recently sold; immaterial versus float, neutral signal.

The form discloses a routine Rule 144 transaction involving 399 shares worth $2.3 k—just 0.01 % of the 3.87 m shares outstanding listed in the filing. The seller, Siddharth Thacker, has already liquidated 2,419 shares in the prior three months for ~$11.3 k. All stock derived from RSU vesting, so the activity appears to be standard liquidity taking rather than a strategic stake reduction. No new business information, guidance, or financial metrics are provided. Consequently, the filing carries neutral investment impact; it neither alters fundamental outlook nor meaningfully changes insider ownership.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

How many Rent the Runway (RENT) shares are being sold under this Form 144?

The filing covers the proposed sale of 399 Class A common shares.

What is the estimated dollar value of the planned RENT share sale?

The aggregate market value disclosed is $2,262.33.

Who is the seller named in the past 3-month sales section of the Form 144?

The seller is identified as Siddharth Thacker.

How many RENT shares has the insider already sold in the last three months?

The insider sold 2,419 shares in two transactions on 02 May 2025 and 17 Jun 2025.

What proportion of shares outstanding does the 399-share sale represent?

Based on the 3,866,254 shares outstanding listed, the sale equals approximately 0.01 % of the float.
Rent The Runway, Inc.

NASDAQ:RENT

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140.23M
3.07M
15.86%
37.72%
9.99%
Apparel Retail
Retail-retail Stores, Nec
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United States
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