Director trust sells 101,150 Stitch Fix (NASDAQ: SFIX) shares in plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stitch Fix, Inc. director Katrina Lake, through the Katrina M. Lake Revocable Trust, converted 101,150 shares of Class B Common Stock into Class A Common Stock on January 2, 2026. The trust then sold the same 101,150 Class A shares at a weighted average price of $5.0798 per share under a pre-arranged Rule 10b5-1 trading plan entered into on January 7, 2025. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date. Following these transactions, the trust continued to indirectly hold 7,205,388 shares of Class B Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 101,150 shares ($513,822)
Net Sell
3 txns
Insider
Lake Katrina
Role
Director
Sold
101,150 shs ($514K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 101,150 | $0.00 | -- |
| Conversion | Class A Common Stock | 101,150 | $0.00 | -- |
| Sale | Class A Common Stock | 101,150 | $5.0798 | $514K |
Holdings After Transaction:
Class B Common Stock — 7,205,388 shares (Indirect, Katrina M. Lake Revocable Trust);
Class A Common Stock — 101,150 shares (Indirect, Katrina M. Lake Revocable Trust)
Footnotes (1)
- Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person. The shares are held by Katrina M. Lake, Trustee of The Katrina M. Lake Revocable Trust dated May 23, 2016. Shares were disposed of pursuant to a Rule 10b5-1 plan entered into on January 7, 2025. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.00 to $5.245 per share. 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. Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.