RENT CEO Jennifer Hyman converts 57,906 Class B to Class A
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
64,061 shares exercised/converted
Mixed
4 txns
Insider
Hyman Jennifer
Role
Co-Founder, CEO & President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 57,906 | $0.00 | -- |
| Conversion | Class B Common Stock | 6,155 | $0.00 | -- |
| Conversion | Class A Common Stock | 57,906 | $0.00 | -- |
| Conversion | Class A Common Stock | 6,155 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 0 shares (Direct);
Class B Common Stock — 0 shares (Indirect, Held by spouse);
Class A Common Stock — 161,997 shares (Direct);
Class A Common Stock — 6,155 shares (Indirect, Held by spouse)
Footnotes (1)
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FAQ
What did RENT disclose in this Form 4?
A conversion of Class B common stock into Class A by CEO Jennifer Y. Hyman on 10/28/2025.
What is Jennifer Hyman’s ownership after the conversion?
She beneficially owns 161,997 Class A shares directly and 6,155 Class A shares indirectly.
What was the transaction code and what does it indicate?
Transaction code C indicates a conversion of a derivative security.
Was there a cash price for the conversion?
The derivative security shows a price of $0, indicating a non‑cash conversion.
What documents governed the conversion?
A Conversion Notice and Proxy dated August 20, 2025, in connection with an Exchange Agreement dated the same day.
What roles does the reporting person hold at RENT?
She is a Director and serves as Co‑Founder, CEO & President.