Rent the Runway grants 277K RSUs to CEO
Rent the Runway’s CEO received a sizable RSU grant that vests over several years, increasing his equity-based incentives.
Rhea-AI Filing Summary
Rent the Runway, Inc. (symbol: RENT) is the issuer of record for a Form 4 filing submitted to the SEC. Thomas Paige L reported acquisition or exercise transactions in this Form 4 filing.
Rent the Runway, Inc. (RENT) reported that CEO and President Thomas Paige received a grant of 277,110 Restricted Stock Units on September 14, 2026, each representing one share of Class A Common Stock. The RSUs vest as to 25% on September 14, 2027, with the remaining 75% vesting in 6.25% installments thereafter. Following this award, he holds 477,710 RSUs directly. No Rule 10b5-1 trading plan is reported for this grant.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 277,110 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each restricted stock unit (''RSU'') represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest as to 25% on September 14, 2027, and the remaining 75% in 6.25% installments thereafter.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
Class A Common Stock financial
Rule 10b5-1 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did RENT grant to its CEO Thomas Paige?
How do the new RSUs for RENT’s CEO vest over time?
How many RSUs does the RENT CEO hold after this grant?
Was the RENT CEO’s RSU grant made under a Rule 10b5-1 plan?
What type of security was reported in this RENT Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.