Rent the Runway (RENT) awards 120,359 RSUs to Chief Legal Officer
Rhea-AI Filing Summary
Rent the Runway, Inc. reported an equity award to a senior executive. The company granted 120,359 restricted stock units (RSUs) tied to its Class A common stock to its Chief Legal & Administrative Officer in a transaction dated 12/16/2025. Each RSU represents the right to receive one share of Class A common stock at no purchase price.
The RSUs vest over time, with 25% scheduled to vest on December 16, 2026 and the remaining 75% vesting in 16 substantially equal quarterly installments after that date. Following this grant, the officer holds 120,359 derivative securities directly, reflecting a typical executive compensation award designed to align the officer’s interests with the company’s long-term performance.
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FAQ
What equity award did Rent the Runway (RENT) report in this Form 4?
Rent the Runway reported a grant of 120,359 restricted stock units (RSUs) linked to its Class A common stock to its Chief Legal & Administrative Officer in a transaction dated 12/16/2025.
Who received the RSUs reported by Rent the Runway (RENT) and in what capacity?
The RSUs were awarded to a reporting person who serves as Chief Legal & Admin. Officer of Rent the Runway, reflecting their role as an officer of the company.
How do the Rent the Runway (RENT) RSUs vest for the officer?
The RSUs vest as to 25% on December 16, 2026, with the remaining 75% vesting in 16 substantially equal quarterly installments thereafter.
What does each Rent the Runway (RENT) RSU represent in this filing?
Each restricted stock unit represents the contingent right to receive one share of Rent the Runway’s Class A common stock, with a listed price of $0 for the derivative security.
How many derivative securities does the Rent the Runway (RENT) officer hold after this transaction?
After the reported transaction, the officer beneficially owns 120,359 derivative securities (RSUs), all reported as held in direct ownership.
What is the earliest transaction date shown in this Rent the Runway (RENT) insider report?
The earliest transaction date disclosed for the RSU grant is 12/16/2025, which is when the award was recorded.