STOCK TITAN

[Form 4] Rent the Runway, Inc. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Rent the Runway (RENT) Chief Legal & Administrative Officer Cara Schembri reported a Form 4 filing disclosing a sale of 826 shares of Class A Common Stock on June 17, 2025, at a weighted average price of $4.77 per share.

Key details of the transaction:

  • The sale was executed pursuant to a Rule 10b5-1 trading plan established on December 22, 2021
  • Shares were sold solely to cover tax obligations from vesting restricted stock units
  • Transaction prices ranged from $4.30 to $5.12 per share
  • Following the transaction, Schembri retains beneficial ownership of 25,144 shares held directly

This transaction appears to be a routine tax-related sale rather than a discretionary trading decision by the insider, as it was executed under a pre-established trading plan specifically for tax withholding purposes.

Cara Schembri, Chief Legal & Administrative Officer di Rent the Runway (RENT), ha riportato una comunicazione Form 4 relativa alla vendita di 826 azioni di Classe A il 17 giugno 2025, ad un prezzo medio ponderato di 4,77 $ per azione.

Dettagli principali della transazione:

  • La vendita è stata effettuata secondo un piano di trading Rule 10b5-1 istituito il 22 dicembre 2021
  • Le azioni sono state vendute esclusivamente per coprire obblighi fiscali derivanti dal vesting di unità azionarie vincolate
  • I prezzi della transazione sono variati da 4,30 $ a 5,12 $ per azione
  • Dopo la vendita, Schembri mantiene la proprietà effettiva di 25.144 azioni detenute direttamente

Questa operazione sembra essere una vendita di routine legata a esigenze fiscali, piuttosto che una decisione discrezionale di trading da parte dell'insider, essendo stata eseguita nell'ambito di un piano di trading predefinito specificamente per la ritenuta fiscale.

Cara Schembri, Directora Legal y Administrativa de Rent the Runway (RENT), reportó una presentación en el Formulario 4 que revela la venta de 826 acciones de Clase A el 17 de junio de 2025, a un precio promedio ponderado de $4.77 por acción.

Detalles clave de la transacción:

  • La venta se realizó conforme a un plan de negociación Rule 10b5-1 establecido el 22 de diciembre de 2021
  • Las acciones se vendieron únicamente para cubrir obligaciones fiscales derivadas del otorgamiento de unidades restringidas
  • Los precios de la transacción oscilaron entre $4.30 y $5.12 por acción
  • Tras la transacción, Schembri mantiene la propiedad beneficiaria de 25,144 acciones en posesión directa

Esta operación parece ser una venta rutinaria relacionada con impuestos y no una decisión discrecional de trading por parte del insider, dado que se ejecutó bajo un plan de negociación preestablecido específicamente para retenciones fiscales.

Rent the Runway (RENT)의 최고법률및행정책임자(CLAO)인 Cara Schembri가 2025년 6월 17일에 클래스 A 보통주 826주를 주당 평균 $4.77에 매도한 내용을 담은 Form 4 신고를 보고했습니다.

거래 주요 내용:

  • 이 매도는 2021년 12월 22일에 설정된 Rule 10b5-1 거래 계획에 따라 이루어졌습니다
  • 주식은 제한 주식 단위(RSU)의 베스팅에 따른 세금 납부를 위해서만 매도되었습니다
  • 거래 가격은 주당 $4.30에서 $5.12 사이였습니다
  • 거래 후 Schembri는 직접 보유한 25,144주의 실질 소유권을 유지합니다

이 거래는 내부자의 임의 매매 결정이 아니라 세금 원천징수를 위해 사전에 설정된 거래 계획에 따라 실행된 일상적인 세금 관련 매도인 것으로 보입니다.

Cara Schembri, Chief Legal & Administrative Officer de Rent the Runway (RENT), a déclaré un dépôt Formulaire 4 révélant la vente de 826 actions de classe A le 17 juin 2025, à un prix moyen pondéré de 4,77 $ par action.

Points clés de la transaction :

  • La vente a été réalisée conformément à un plan de trading Rule 10b5-1 établi le 22 décembre 2021
  • Les actions ont été vendues uniquement pour couvrir des obligations fiscales liées à l'acquisition d'unités d'actions restreintes
  • Les prix de transaction variaient entre 4,30 $ et 5,12 $ par action
  • Après la transaction, Schembri conserve la propriété bénéficiaire de 25 144 actions détenues directement

Cette opération semble être une vente de routine liée à des obligations fiscales, plutôt qu'une décision discrétionnaire de trading de l'initié, car elle a été exécutée dans le cadre d'un plan de trading préétabli spécifiquement pour la retenue fiscale.

Cara Schembri, Chief Legal & Administrative Officer von Rent the Runway (RENT), meldete eine Form 4-Einreichung, die den Verkauf von 826 Aktien der Klasse A am 17. Juni 2025 zu einem gewichteten Durchschnittspreis von 4,77 $ pro Aktie offenlegt.

Wesentliche Details der Transaktion:

  • Der Verkauf erfolgte gemäß einem am 22. Dezember 2021 eingerichteten Rule 10b5-1 Handelsplan
  • Die Aktien wurden ausschließlich zum Ausgleich von Steuerverpflichtungen aus der Vesting von Restricted Stock Units verkauft
  • Die Transaktionspreise lagen zwischen 4,30 $ und 5,12 $ pro Aktie
  • Nach der Transaktion behält Schembri das wirtschaftliche Eigentum an 25.144 Aktien, die direkt gehalten werden

Diese Transaktion scheint eine routinemäßige, steuerbedingte Veräußerung zu sein und keine diskretionäre Handelsentscheidung des Insiders, da sie im Rahmen eines vorab festgelegten Handelsplans speziell zur Steuerabführung durchgeführt wurde.

Positive
  • None.
Negative
  • None.

Cara Schembri, Chief Legal & Administrative Officer di Rent the Runway (RENT), ha riportato una comunicazione Form 4 relativa alla vendita di 826 azioni di Classe A il 17 giugno 2025, ad un prezzo medio ponderato di 4,77 $ per azione.

Dettagli principali della transazione:

  • La vendita è stata effettuata secondo un piano di trading Rule 10b5-1 istituito il 22 dicembre 2021
  • Le azioni sono state vendute esclusivamente per coprire obblighi fiscali derivanti dal vesting di unità azionarie vincolate
  • I prezzi della transazione sono variati da 4,30 $ a 5,12 $ per azione
  • Dopo la vendita, Schembri mantiene la proprietà effettiva di 25.144 azioni detenute direttamente

Questa operazione sembra essere una vendita di routine legata a esigenze fiscali, piuttosto che una decisione discrezionale di trading da parte dell'insider, essendo stata eseguita nell'ambito di un piano di trading predefinito specificamente per la ritenuta fiscale.

Cara Schembri, Directora Legal y Administrativa de Rent the Runway (RENT), reportó una presentación en el Formulario 4 que revela la venta de 826 acciones de Clase A el 17 de junio de 2025, a un precio promedio ponderado de $4.77 por acción.

Detalles clave de la transacción:

  • La venta se realizó conforme a un plan de negociación Rule 10b5-1 establecido el 22 de diciembre de 2021
  • Las acciones se vendieron únicamente para cubrir obligaciones fiscales derivadas del otorgamiento de unidades restringidas
  • Los precios de la transacción oscilaron entre $4.30 y $5.12 por acción
  • Tras la transacción, Schembri mantiene la propiedad beneficiaria de 25,144 acciones en posesión directa

Esta operación parece ser una venta rutinaria relacionada con impuestos y no una decisión discrecional de trading por parte del insider, dado que se ejecutó bajo un plan de negociación preestablecido específicamente para retenciones fiscales.

Rent the Runway (RENT)의 최고법률및행정책임자(CLAO)인 Cara Schembri가 2025년 6월 17일에 클래스 A 보통주 826주를 주당 평균 $4.77에 매도한 내용을 담은 Form 4 신고를 보고했습니다.

거래 주요 내용:

  • 이 매도는 2021년 12월 22일에 설정된 Rule 10b5-1 거래 계획에 따라 이루어졌습니다
  • 주식은 제한 주식 단위(RSU)의 베스팅에 따른 세금 납부를 위해서만 매도되었습니다
  • 거래 가격은 주당 $4.30에서 $5.12 사이였습니다
  • 거래 후 Schembri는 직접 보유한 25,144주의 실질 소유권을 유지합니다

이 거래는 내부자의 임의 매매 결정이 아니라 세금 원천징수를 위해 사전에 설정된 거래 계획에 따라 실행된 일상적인 세금 관련 매도인 것으로 보입니다.

Cara Schembri, Chief Legal & Administrative Officer de Rent the Runway (RENT), a déclaré un dépôt Formulaire 4 révélant la vente de 826 actions de classe A le 17 juin 2025, à un prix moyen pondéré de 4,77 $ par action.

Points clés de la transaction :

  • La vente a été réalisée conformément à un plan de trading Rule 10b5-1 établi le 22 décembre 2021
  • Les actions ont été vendues uniquement pour couvrir des obligations fiscales liées à l'acquisition d'unités d'actions restreintes
  • Les prix de transaction variaient entre 4,30 $ et 5,12 $ par action
  • Après la transaction, Schembri conserve la propriété bénéficiaire de 25 144 actions détenues directement

Cette opération semble être une vente de routine liée à des obligations fiscales, plutôt qu'une décision discrétionnaire de trading de l'initié, car elle a été exécutée dans le cadre d'un plan de trading préétabli spécifiquement pour la retenue fiscale.

Cara Schembri, Chief Legal & Administrative Officer von Rent the Runway (RENT), meldete eine Form 4-Einreichung, die den Verkauf von 826 Aktien der Klasse A am 17. Juni 2025 zu einem gewichteten Durchschnittspreis von 4,77 $ pro Aktie offenlegt.

Wesentliche Details der Transaktion:

  • Der Verkauf erfolgte gemäß einem am 22. Dezember 2021 eingerichteten Rule 10b5-1 Handelsplan
  • Die Aktien wurden ausschließlich zum Ausgleich von Steuerverpflichtungen aus der Vesting von Restricted Stock Units verkauft
  • Die Transaktionspreise lagen zwischen 4,30 $ und 5,12 $ pro Aktie
  • Nach der Transaktion behält Schembri das wirtschaftliche Eigentum an 25.144 Aktien, die direkt gehalten werden

Diese Transaktion scheint eine routinemäßige, steuerbedingte Veräußerung zu sein und keine diskretionäre Handelsentscheidung des Insiders, da sie im Rahmen eines vorab festgelegten Handelsplans speziell zur Steuerabführung durchgeführt wurde.

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*
Schembri Cara

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal & Admin. Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025
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
Class A Common Stock 06/17/2025 S(1) 826(2) D $4.77(3) 25,144 D
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
Explanation of Responses:
1. Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021.
2. Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer.
3. The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $4.30 to $5.12, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Cara Schembri 06/20/2025
** 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

How many shares of RENT stock did Chief Legal Officer Cara Schembri sell on June 17, 2025?

Cara Schembri sold 826 shares of RENT Class A Common Stock on June 17, 2025, at a weighted average price of $4.77 per share. The sale was made specifically to cover tax obligations from vesting restricted stock units.

What was the price range of RENT shares sold in the June 17, 2025 transaction?

The RENT shares were sold in multiple transactions at prices ranging from $4.30 to $5.12 per share, with a weighted average price of $4.77 per share.

How many RENT shares does Cara Schembri own after the June 2025 transaction?

Following the reported transaction, Cara Schembri directly owns 25,144 shares of RENT Class A Common Stock.

Why did RENT's Chief Legal Officer sell shares in June 2025?

The shares were sold solely to cover tax obligations upon the vesting of restricted stock units, pursuant to a standing Rule 10b5-1 instruction dated December 22, 2021. This was not a discretionary sale but rather a pre-planned transaction for tax purposes.
Rent The Runway, Inc.

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19.71M
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7.36%
Apparel Retail
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United States
BROOKLYN