Form 4: RENT director exercises rights, now holds 25,839 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,636 shares exercised/converted
Mixed
2 txns
Insider
Roth Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| X | Subscription Rights (Right to Buy) | 17,636 | $0.00 | -- |
| X | Class A Common Stock | 13,169 | $4.08 | $54K |
Holdings After Transaction:
Subscription Rights (Right to Buy) — 0 shares (Direct);
Class A Common Stock — 25,839 shares (Direct)
Footnotes (1)
- 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. 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. Represents the reporting person's exercise of subscription rights pursuant to the Rights Offering.
FAQ
What insider transaction did RENT disclose?
Director Michael Roth acquired 13,169 Class A shares at $4.08 on 10/21/2025 via the company’s rights offering.
What is Michael Roth’s total direct ownership after the transaction (RENT)?
He directly beneficially owns 25,839 Class A shares after the reported transaction.
What dates are tied to the RENT rights exercise?
The transaction date was 10/21/2025; the derivative table lists the rights exercisable window from 10/07/2025 to 10/21/2025.
Does the Form 4 indicate the use of a Rule 10b5-1 plan for RENT?
The form includes the 10b5-1 checkbox language, but the excerpt does not indicate it was checked.