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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 303,450 | $0.00 | -- |
| Conversion | Class A Common Stock | 303,450 | $0.00 | -- |
| Sale | Class A Common Stock | 303,450 | $5.1876 | $1.57M |
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 $5.34 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.
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.
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.