Rent the Runway director buys 13,169 shares at $4.08 via rights
Rent the Runway (RENT) reported an insider transaction.
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Rhea-AI Filing Summary
Rent the Runway (RENT) reported an insider transaction. Director Michael Roth acquired 13,169 shares of Class A common stock at $4.08 per share on 10/21/2025 by exercising subscription rights, including an oversubscription privilege, in the company’s rights offering described in a prospectus dated September 30, 2025.
Following the transaction, Roth directly beneficially owns 25,839 shares of Class A common stock. The derivative table shows the exercise of subscription rights that covered shares at the same subscription price and window.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| In-the-Money Exercise | Subscription Rights (Right to Buy) | 17,636 | $0.00 | $0.00 |
| In-the-Money Exercise | Class A Common Stock | 13,169 | $4.08 | $54K |
Footnotes (3)
- F1. Represents shares of the Issuer's Class A common stock, par value $0.001 (''Class A Common Stock''), acquired by the reporting person following the exercise of the reporting person's subscription rights (including their oversubscription privilege) in connection with the Issuer's rights offering (''Rights Offering'') to holders of Class A Common Stock and Class B common stock, par value $0.001, as described in the Issuer's prospectus, dated September 30, 2025, filed by the Issuer with the U.S. Securities and Exchange Commission.
- F2. Each subscription right entitled the reporting person to purchase 0.7467 shares of Class A Common Stock at a subscription price of $4.08 per whole share of Class A Common Stock.
- F3. Represents the reporting person's exercise of subscription rights pursuant to the Rights Offering.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did RENT disclose?
What is Michael Roth’s total direct ownership after the transaction (RENT)?
What dates are tied to the RENT rights exercise?
Does the Form 4 indicate the use of a Rule 10b5-1 plan for RENT?
AI-generated analysis. How Rhea-AI works. Not financial advice.