Stitch Fix (SFIX) officer reports 382,653 unvested RSUs with multi-stage vesting
Rhea-AI Filing Summary
Stitch Fix, Inc. executive Sreedhararaj Sreekanth, its Chief Product/Technology Officer, reported initial beneficial ownership consisting of 382,653 unvested restricted stock units tied to Class A Common Stock. 25% of these RSUs vest on December 16, 2026, with the remaining portions vesting in structured quarterly installments, all subject to continuous service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sreedhararaj Sreekanth
Role
Chief Prod/Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 382,653 shares (Direct)
Footnotes (2)
- F1. This consists of 382,653 unvested restricted stock units.
- F2. 25% of the shares subject to the restricted stock units (RSUs) shall vest on December 16, 2026. The remaining shares subject to the RSUs shall vest as follows: 25% of the shares in equal quarterly installments over the next two (2) quarterly vesting dates, 33 1/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates, and 16 2/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates, subject to continuous service through each vesting date.
Key Figures
Unvested RSUs reported: 382,653 units
Initial vesting portion: 25%
Second vesting portion: 25%
+2 more
5 metrics
Unvested RSUs reported
382,653 units
Unvested restricted stock units tied to Class A Common Stock
Initial vesting portion
25%
Vests on December 16, 2026
Second vesting portion
25%
Vests in equal installments over the next two quarterly vesting dates after the initial vest
Third vesting portion
33 1/3%
Vests in equal installments over the next four quarterly vesting dates
Final vesting portion
16 2/3%
Vests in equal installments over the final four quarterly vesting dates
Key Terms
restricted stock units, RSUs, quarterly vesting dates, continuous service
4 terms
restricted stock units financial
"This consists of 382,653 unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"the restricted stock units (RSUs) shall vest on December 16, 2026."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
quarterly vesting dates financial
"25% of the shares in equal quarterly vesting dates, 33 1/3% of the shares"
continuous service financial
"and 16 2/3% of the shares in equal quarterly installments, subject to continuous service"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Stitch Fix (SFIX) disclose in Sreedhararaj Sreekanth’s Form 3?
Stitch Fix (SFIX) reports that Chief Product/Technology Officer Sreedhararaj Sreekanth beneficially owns 382,653 unvested restricted stock units tied to Class A Common Stock. The statement reflects holdings only and details how these RSUs are scheduled to vest over time.
How many unvested RSUs does Stitch Fix (SFIX) officer Sreedhararaj Sreekanth hold?
He is reported to hold 382,653 unvested restricted stock units (RSUs) linked to Stitch Fix Class A Common Stock. These RSUs represent equity compensation that will convert into shares as they vest, assuming he continues in service through each vesting date.
What is the vesting schedule for Sreedhararaj Sreekanth’s RSUs at Stitch Fix (SFIX)?
The RSUs vest as follows: 25% on December 16, 2026; 25% in equal installments over the next two quarterly vesting dates; 33 1/3% over the following four; and 16 2/3% over a final four, all contingent on continuous service.
Does the Stitch Fix (SFIX) Form 3 show any stock purchases or sales by Sreedhararaj Sreekanth?
The filing lists a holding entry for 382,653 unvested RSUs but no transactions coded as purchases or sales. Summary data show zero buy and sell counts, indicating this Form 3 is an initial ownership report, not a trading disclosure.
What position does Sreedhararaj Sreekanth hold at Stitch Fix (SFIX)?
He is identified as Chief Prod/Technology Officer of Stitch Fix, Inc. This officer role is disclosed alongside his reported equity holdings, which consist entirely of unvested restricted stock units subject to the detailed multi-stage vesting schedule.