Stitch Fix (NASDAQ: SFIX) director trade: 303,450 shares sold in plan
Rhea-AI Filing Summary
Stitch Fix, Inc. director Katrina Lake reported a planned share conversion and sale through her revocable trust. On 12/05/2025, the trust converted 303,450 shares of Class B Common Stock into 303,450 shares of Class A Common Stock at an exercise price of $0. That same day, the trust sold 303,450 Class A shares at a weighted average price of $5.1876, with individual trades ranging from $5.00 to $5.34 per share.
The filing notes that the sale was carried out under a Rule 10b5-1 trading plan entered into on January 7, 2025. After these transactions, the trust continues to beneficially own 7,306,538 shares of Class B Common Stock, each convertible into one share of Class A Common Stock and having no expiration date.
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FAQ
What insider transaction did Stitch Fix (SFIX) report for Katrina Lake?
Stitch Fix reported that director Katrina Lake, through her revocable trust, converted 303,450 Class B shares into Class A shares and then sold 303,450 Class A shares on 12/05/2025.
At what price were Katrina Lake's Stitch Fix (SFIX) shares sold?
The 303,450 Class A shares were sold at a weighted average price of $5.1876 per share, with individual trades executed between $5.00 and $5.34 per share.
Was the Stitch Fix (SFIX) share sale by Katrina Lake under a Rule 10b5-1 plan?
Yes. The filing states that the shares were disposed of pursuant to a Rule 10b5-1 trading plan that was entered into on January 7, 2025.
How many Stitch Fix (SFIX) shares does Katrina Lake still beneficially own after this transaction?
After the reported transactions, Katrina Lake’s revocable trust beneficially owns 7,306,538 shares of Class B Common Stock, held indirectly through the trust.
What is the relationship of the reporting person to Stitch Fix (SFIX)?
The reporting person, Katrina Lake, is identified as a Director of Stitch Fix, Inc., and the reported holdings are through her revocable trust.
How are Stitch Fix (SFIX) Class B shares treated in this insider filing?
The filing explains that each share of Class B Common Stock is convertible into one share of Class A Common Stock at the holder’s option and has no expiration date.