Rent the Runway (RENT) reports 200,598 RSUs for chief merchant officer
Rhea-AI Filing Summary
Rent the Runway, Inc. reported an equity award to a senior executive. Chief Merchant Officer Sarah K. Tam was granted 200,598 restricted stock units (RSUs), each representing the right to receive one share of Class A common stock. The RSUs were granted on December 16, 2025 at a price of $0 per unit.
The award vests over time: 25% of the RSUs vest on December 16, 2026, with the remaining 75% vesting in 16 substantially equal quarterly installments after that date. Following this grant, Tam directly holds 200,598 derivative securities tied to Class A common stock. The filing reflects a compensation-related equity grant rather than an open‑market purchase or sale.
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FAQ
What insider transaction did Rent the Runway (RENT) disclose in this filing?
The filing discloses that Chief Merchant Officer Sarah K. Tam received an award of 200,598 restricted stock units (RSUs) tied to Rent the Runway’s Class A common stock.
How many restricted stock units were granted to the Rent the Runway executive?
The executive was granted 200,598 restricted stock units, each representing the contingent right to receive one share of Class A Common Stock.
What is the vesting schedule for the 200,598 RSUs at Rent the Runway?
The RSUs vest 25% on December 16, 2026, with the remaining 75% vesting in 16 substantially equal quarterly installments thereafter.
What price is attached to the Rent the Runway RSU grant?
The RSUs were granted at a price of $0 per restricted stock unit, which is typical for time‑vesting equity awards.
What position does the reporting person hold at Rent the Runway (RENT)?
The reporting person, Sarah K. Tam, is identified as an Officer of Rent the Runway, serving as the company’s Chief Merchant Officer.
How many derivative securities does the officer beneficially own after this RSU award?
After the reported transaction, the officer beneficially owns 200,598 derivative securities in the form of RSUs, held directly.