Rent the Runway CFO to Resign; Guidance Reaffirmed

Rent the Runway, Inc. announced that Chief Financial Officer Siddharth Thacker has tendered his resignation, effective on or about June 3, 2026, following the company’s first-quarter fiscal 2026 earnings announcement.

Rhea-AI Filing Summary

Rent the Runway, Inc. announced that Chief Financial Officer Siddharth Thacker has tendered his resignation, effective on or about June 3, 2026, following the company’s first-quarter fiscal 2026 earnings announcement. He is leaving to pursue other opportunities, and the company states his departure does not arise from any disagreement over operations, financial statements, or accounting practices.

The company has begun a search for a new Chief Financial Officer. Rent the Runway also reaffirmed the full-year 2026 guidance it previously presented on April 14, 2026, indicating that its financial outlook for the year remains unchanged despite the leadership transition.

Positive

• None.

Negative

• Rent the Runway’s Chief Financial Officer, Siddharth Thacker, is resigning effective on or about June 3, 2026, introducing near-term leadership transition risk in the finance function.

Insights

Equity governance analyst

CFO resignation creates leadership transition, but financial guidance remains intact.

Rent the Runway disclosed that CFO Siddharth Thacker will resign effective on or about June 3, 2026, after the first-quarter earnings release. The company specifically notes there is no disagreement regarding operations, financial statements, or accounting, framing this as a voluntary move for other opportunities.

The company is initiating a search for a new CFO and simultaneously reaffirmed its previously issued full-year 2026 guidance from April 14, 2026. This combination suggests continuity in near-term financial expectations, though execution will depend on how smoothly the finance leadership transition proceeds and the caliber and timing of the eventual hire.

8-K Event Classification

2 items: 5.02, 7.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Key Figures

CFO resignation effective date: On or about June 3, 2026 Guidance reaffirmation date reference: April 14, 2026 8-K event date: May 18, 2026

3 metrics

CFO resignation effective date On or about June 3, 2026 Effective date following Q1 fiscal 2026 earnings announcement

Guidance reaffirmation date reference April 14, 2026 Date of previously presented full-year 2026 guidance

8-K event date May 18, 2026 Date of event reported under the Exchange Act

Key Terms

forward-looking statements, Private Securities Litigation Reform Act of 1995, Annual Report on Form 10-K, emerging growth company, +1 more

5 terms

forward-looking statements regulatory

"contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Private Securities Litigation Reform Act of 1995 regulatory

"forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995"

Annual Report on Form 10-K regulatory

"included in its most recent Annual Report on Form 10-K for the year ended January 31, 2026"

An annual report on Form 10‑K is a required, comprehensive filing that publicly traded companies give to regulators and investors summarizing their business, results of operations, detailed financial statements reviewed by independent auditors, material risks, legal issues and management’s discussion of performance. Investors use it like a company’s year‑end report card and medical checkup: it reveals how the business made money, where it is vulnerable, and the facts needed to compare value, judge risk and make informed investment decisions.

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

fiscal year 2026 guidance financial

"reaffirmed the guidance it presented on April 14, 2026, with respect to its full year 2026 results"

FAQ

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

Why did Rent the Runway (RENT) announce a CFO change in May 2026?

Rent the Runway reported that CFO Siddharth Thacker resigned, effective on or about June 3, 2026, to pursue other opportunities. The company stated his departure is not due to any disagreement involving operations, financial statements, or accounting policies or practices.

When will Rent the Runway (RENT) CFO Siddharth Thacker’s resignation become effective?

Siddharth Thacker’s resignation as CFO becomes effective on or about June 3, 2026, after Rent the Runway’s first-quarter fiscal 2026 earnings announcement. This timing allows him to remain in place through the reporting of those quarterly results before the leadership transition.

Did Rent the Runway (RENT) change its 2026 financial guidance with this CFO resignation?

No, Rent the Runway reaffirmed the full-year 2026 guidance it presented on April 14, 2026. This means the company’s stated financial outlook for 2026 remains unchanged, even as it prepares for a transition in its Chief Financial Officer role.

Is Rent the Runway (RENT) already looking for a new Chief Financial Officer?

Yes, Rent the Runway reported that it is conducting a search for a new Chief Financial Officer. This search follows the announced resignation of CFO Siddharth Thacker and is intended to ensure continuity in the company’s finance and leadership structure after his departure.

Did Rent the Runway (RENT) report any disagreements with its departing CFO?

The company stated that CFO Siddharth Thacker’s departure is not the result of any disagreement with Rent the Runway. This includes no disagreements related to the company’s operations, its financial statements, or its accounting policies and practices, according to the disclosure.

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

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Accepted by SEC EDGAR 05/21/2026 - 08:29 AM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 18, 2026

Rent the Runway, Inc.

(Exact name of registrant as specified in its charter)

Delaware

001-40958

80-0376379

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification Number)

Rent the Runway, Inc.

10 Jay Street

Brooklyn, New York 11201

(Address of principal executive offices, including Zip Code)

Registrant’s telephone number, including area code: (212) 524-6860

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Class A common stock, $0.001 par value per share

RENT

NASDAQ

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company   ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ☐

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 18, 2026, Siddharth Thacker tendered his resignation as Chief Financial Officer of Rent the Runway, Inc. (the “Company”), effective on or about June 3, 2026, which will follow the Company’s earnings announcement for the first quarter of fiscal year 2026. Mr. Thacker is resigning to pursue other opportunities and his departure is not the result of any disagreement with the Company, including with respect to any matter related to the Company’s operations, financial statements or accounting policies or practices. The Company is engaging in a search for a new Chief Financial Officer.

Item 7.01 Regulation FD Disclosure

The Company also today reaffirmed the guidance it presented on April 14, 2026, with respect to its full year 2026 results.

Forward-Looking Statements

This Current Report on Form 8-K (“Form 8-K”) contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements. These statements include, but are not limited to, statements regarding the transition of the Company’s executive leadership and fiscal year 2026 guidance. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. In some cases, you can identify forward-looking statements because they contain words such as “aim,” “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “toward,” “will,” or “would,” or the negative of these words or other similar terms or expressions. You should not put undue reliance on any forward-looking statements. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are based on information available at the time those statements are made and were based on current expectations, estimates, forecasts, and projections as well as the beliefs and assumptions of management as of that time with respect to future events. These statements are subject to risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control, that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this Form 8-K may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. These risks and uncertainties include risks related to our chief executive officer and chief financial officer search process and our ability to manage the transition to a new chief executive officer and chief financial officer; failure to manage additional regrettable attrition; failure to manage the transition of our Board of Directors; and our reliance on the experience and expertise of our senior management and other key personnel. Additional information regarding these and other risks and uncertainties that could cause actual results to differ materially from the Company’s expectations is included in its most recent Annual Report on Form 10-K for the year ended January 31, 2026, and in other documents that it files or furnishes with the Securities and Exchange Commission. Except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments, or otherwise.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

RENT THE RUNWAY, INC.

Date: May 21, 2026

By:

/s/ Cara Schembri

Cara Schembri Chief Legal & Administrative Officer