Rent the Runway (RENT) CEO Jennifer Hyman granted 1,002,993 RSUs

Rhea-AI Filing Summary

Rent the Runway, Inc. reported an equity award to its Co-Founder, CEO & President and director, Jennifer Y. Hyman. On December 16, 2025, she received 1,002,993 restricted stock units (RSUs) linked to the company’s Class A common stock, according to a Form 4 filed as a single-reporting-person filing.

Each RSU represents the right to receive one share of Class A common stock. The grant vests over time, with 25% of the RSUs vesting on December 16, 2026, and the remaining 75% vesting in 16 substantially equal quarterly installments after that date. This structure ties a large portion of the CEO’s compensation to the company’s long-term performance and continued service.

Insights

Executive compensation & governance analyst

Large time-vested RSU grant further aligns the CEO with long-term equity value.

The filing shows that Rent the Runway’s Co-Founder, CEO & President, Jennifer Y. Hyman, was granted 1,002,993 restricted stock units on December 16, 2025. Each RSU represents the right to receive one share of Class A common stock, with an exercise price of $0, which is typical for RSUs since they are not options.

The vesting design is heavily time-based: 25% of the RSUs vest on December 16, 2026, and the remaining 75% vest in 16 substantially equal quarterly installments thereafter. This means the award extends over several years, promoting executive retention and linking a large portion of the CEO’s compensation to the company’s share price over that period.

The impact for investors depends on how this grant compares to existing share count and prior awards, which is not detailed here. However, the multi-year vesting and single-person filing indicate a standard incentive structure focused on long-term alignment rather than immediate ownership changes.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hyman Jennifer

(Last) (First) (Middle)

C/O RENT THE RUNWAY, INC.

10 JAY STREET

(Street)

BROOKLYN NY 11201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rent the Runway, Inc. [ RENT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-Founder, CEO & President

3. Date of Earliest Transaction (Month/Day/Year)
12/16/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	12/16/2025		A		1,002,993		(1)	(1)	Class A Common Stock	1,002,993	$0	1,002,993	D

Explanation of Responses:

1. 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 December 16, 2026, and the remaining 75% in 16 substantially equal quarterly installments thereafter.

Remarks:

	/s/ Cara Schembri as Attorney in- fact for Jennifer Y. Hyman	12/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Rent the Runway (RENT) report for December 16, 2025?

Rent the Runway reported that its Co-Founder, CEO & President and director, Jennifer Y. Hyman, received an award of 1,002,993 restricted stock units (RSUs) tied to the company’s Class A common stock on December 16, 2025.

How many RSUs did Rent the Runway CEO Jennifer Hyman receive according to the Form 4?

The Form 4 reports that Jennifer Y. Hyman received 1,002,993 restricted stock units (RSUs), each representing the right to receive one share of Class A common stock of Rent the Runway, Inc.

What is the vesting schedule for Jennifer Hyman’s 1,002,993 Rent the Runway RSUs?

The RSUs vest in two phases: 25% vest on December 16, 2026, and the remaining 75% vest in 16 substantially equal quarterly installments after that date, subject to the terms of the award.

What does each Rent the Runway RSU granted to Jennifer Hyman represent?

Each restricted stock unit (RSU) granted to Jennifer Hyman represents a contingent right to receive one share of Rent the Runway’s Class A Common Stock, as described in the filing’s explanation of responses.

Is the reported Rent the Runway Form 4 filed for more than one reporting person?

No. The filing indicates that it is a Form filed by one reporting person, covering the equity award held by Jennifer Y. Hyman only.

What role does Jennifer Hyman hold at Rent the Runway (RENT) in this Form 4?

In the Form 4, Jennifer Y. Hyman is identified as a Director and an Officer, with the officer title listed as Co-Founder, CEO & President of Rent the Runway, Inc.