Rent the Runway (RENT) awards 120,359 RSUs to Chief Supply Chain Officer
Rhea-AI Filing Summary
Rent the Runway, Inc. reported an equity award to a senior executive. On 12/16/2025, Chief Supply Chain Officer Andrew Rau received 120,359 restricted stock units (RSUs), each representing the right to receive one share of the company’s Class A Common Stock. The RSUs vest 25% on December 16, 2026, with the remaining 75% vesting in 16 substantially equal quarterly installments after that date. The Form 4 shows 120,359 derivative securities beneficially owned directly following the transaction, with an exercise price of $0, reflecting the typical structure of RSU awards.
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FAQ
What insider transaction did Rent the Runway (RENT) disclose for Andrew Rau?
Rent the Runway disclosed that Chief Supply Chain Officer Andrew Rau received an award of 120,359 restricted stock units (RSUs) on 12/16/2025, as reported on a Form 4.
How many Rent the Runway RSUs were granted to the officer in this Form 4?
The filing reports a grant of 120,359 restricted stock units, each representing the contingent right to receive one share of Rent the Runway’s Class A Common Stock.
What is the vesting schedule for the 120,359 RSUs reported by Rent the Runway (RENT)?
The RSUs vest as to 25% on December 16, 2026, and the remaining 75% vest in 16 substantially equal quarterly installments thereafter.
What type of security is reported in Rent the Runway’s Form 4 for Andrew Rau?
The Form 4 reports restricted stock units (RSUs) as derivative securities, each tied to one share of Rent the Runway’s Class A Common Stock.
What is the exercise or purchase price of the Rent the Runway RSUs granted to the officer?
The derivative securities table shows a price of $0 for the restricted stock units, which is typical for RSU awards.
How many derivative securities does the officer beneficially own after this Rent the Runway RSU grant?
Following the reported transaction, the Form 4 lists 120,359 derivative securities beneficially owned directly by the reporting person.