Stitch Fix CTO exercises PSUs for 43,895 shares
Stitch Fix, Inc. Chief Product and Technology Officer Anthony Bacos reported routine equity compensation activity involving Performance Stock Units and Class A common stock.
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Rhea-AI Filing Summary
Stitch Fix, Inc. Chief Product and Technology Officer Anthony Bacos reported routine equity compensation activity involving Performance Stock Units and Class A common stock. On June 17, 2026, he exercised 43,895 Performance Stock Units into the same number of Class A shares at a stated price of $0.00 per share.
To cover tax obligations from restricted stock unit vesting, the company withheld 37,010 Class A shares at $4.16 per share, a tax-withholding disposition rather than an open-market sale. After these transactions, Bacos directly held 1,091,994 Class A shares. The footnotes indicate the PSU performance condition has been achieved, with vesting tied to a schedule running through seven additional quarterly vesting dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 43,895 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 43,895 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 37,010 | $4.16 | $154K |
Footnotes (3)
- F1. Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of restricted stock units.
- F3. The PSU performance condition has been achieved and will vest based upon the following service conditions: 5/12 vested on December 17, 2025 and the remainder will vest in quarterly installments of 1/12 over the next 7 quarterly vesting dates.
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