Rent the Runway CEO converts 57,906 shares; holds 161,997 Class A
Rent the Runway (RENT) reported an insider transaction: Co‑Founder, CEO & President Jennifer Y. Hyman converted Class B common stock into Class A on 10/28/2025.
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Rhea-AI Filing Summary
Rent the Runway (RENT) reported an insider transaction: Co‑Founder, CEO & President Jennifer Y. Hyman converted Class B common stock into Class A on 10/28/2025. She converted 57,906 shares to Class A held directly, and 6,155 shares to Class A held indirectly by her spouse. After these transactions, she beneficially owns 161,997 Class A shares directly and 6,155 Class A shares indirectly. The conversion was on a one‑for‑one basis pursuant to a Conversion Notice and Proxy dated August 20, 2025, entered into in connection with an Exchange Agreement.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 57,906 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 6,155 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 57,906 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 6,155 | $0.00 | $0.00 |
Footnotes (1)
- F1. Pursuant to the Conversion Notice and Proxy, dated August 20, 2025, by and between Rent the Runway, Inc. and the Reporting Person, which was entered into in connection with the transactions contemplated by the Exchange Agreement, dated August 20, 2025, by and between Rent the Runway, Inc. and CHS US Investments LLC, each share of Class B common stock held by the Reporting Person was converted into one share of Class A common stock.
FAQ
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What did RENT disclose in this Form 4?
What is Jennifer Hyman’s ownership after the conversion?
What was the transaction code and what does it indicate?
Was there a cash price for the conversion?
What documents governed the conversion?
What roles does the reporting person hold at RENT?
AI-generated analysis. How Rhea-AI works. Not financial advice.