Stitch Fix CFO exercises 43,895 PSUs
Stitch Fix CFO David Aufderhaar reported PSU vesting into shares and related share withholding for taxes, with PSUs remaining outstanding.
Rhea-AI Filing Summary
Stitch Fix, Inc. (SFIX) reported that its Chief Financial Officer David Aufderhaar exercised 43,895 Performance Stock Units (PSUs) on September 16, 2026, receiving the same number of Class A common shares. In connection with PSU and restricted stock unit vesting, 62,665 shares of Class A common stock were withheld by the company to satisfy tax withholding obligations. Following the PSU conversion, Aufderhaar held 175,687 PSUs directly. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,895 shares exercised/converted
Exercise
3 txns
Insider
Aufderhaar David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit F1, F3 | 43,895 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 43,895 | -- | -- |
| Tax Withholding | Class A Common Stock F2 | 62,665 | $2.94 | $184K |
Holdings After Transaction:
Performance Stock Unit — 175,687 contracts (Direct);
Class A Common Stock — 1,083,599 shares (Direct)
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 obligations in connection with the vesting of PSUs and 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.
Key Figures
PSUs exercised: 43,895 units
Shares received from PSU conversion: 43,895 shares
Shares withheld for taxes: 62,665 shares
+3 more
6 metrics
PSUs exercised
43,895 units
Performance Stock Units converted into Class A common stock on September 16, 2026
Shares received from PSU conversion
43,895 shares
Class A common stock acquired upon PSU exercise on September 16, 2026
Shares withheld for taxes
62,665 shares
Class A common stock withheld to satisfy tax withholding obligations
Withholding price per share
$2.94 per share
Value applied to 62,665 withheld shares in the tax-liability transaction
PSUs held after transaction
175,687 units
Performance Stock Units directly held by David Aufderhaar following the PSU exercise
Net buy/sell shares
0 shares
Form-level summary of net buy/sell direction across reported transactions
Key Terms
Performance Stock Unit, restricted stock units, tax withholding obligations, Class A Common Stock
4 terms
Performance Stock Unit financial
"Each Performance Stock Unit ("PSU") represents a contingent right"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
restricted stock units financial
"in connection with the vesting of PSUs and 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.
tax withholding obligations financial
"withheld by the Company to satisfy tax withholding obligations"
Class A Common Stock financial
"receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Stitch Fix (SFIX) report for CFO David Aufderhaar?
CFO David Aufderhaar exercised 43,895 Performance Stock Units on September 16, 2026, receiving an equal number of Class A common shares, with additional shares withheld to cover tax obligations related to PSU and restricted stock unit vesting.
How many Stitch Fix (SFIX) PSUs did the CFO convert to Class A common stock?
Aufderhaar converted 43,895 Performance Stock Units into 43,895 shares of Stitch Fix Class A common stock on September 16, 2026, as part of the vesting of his equity compensation awards.
How many Stitch Fix (SFIX) Performance Stock Units does the CFO hold after this transaction?
After the PSU exercise on September 16, 2026, Aufderhaar is reported to directly hold 175,687 Performance Stock Units, each representing a contingent right to receive one share of Stitch Fix Class A common stock, subject to service-based vesting conditions.
Was the Stitch Fix (SFIX) CFO’s transaction under a Rule 10b5-1 trading plan?
The filing indicates no Rule 10b5-1 trading plan; the document-level checkbox for such a plan is not marked as affirmed, and there is no footnote stating that the transactions were made pursuant to a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
