STOCK TITAN

SFIX Form 4: CFO Tax Withholding Slightly Trims Holdings

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Stitch Fix, Inc. (SFIX) – Form 4 filing dated 20-Jun-2025: Chief Financial Officer David Aufderhaar reported an automatic share disposition related to tax withholding on vested restricted stock units (RSUs). On 18-Jun-2025, the company withheld 32,027 Class A common shares at a price of $3.87 per share (Transaction Code F). The transaction reduced his direct holdings from approximately 989,903 to 957,876 shares, a decline of roughly 3% of his personal stake. No open-market sale occurred; the shares were surrendered back to the issuer solely to satisfy statutory tax obligations. No derivative securities activity or 10b5-1 trading plan was disclosed. Following the transaction, Aufderhaar remains a substantial insider shareholder.

Positive

  • Insider still holds 957,876 shares, indicating continued alignment with shareholder interests

Negative

  • 32,027 shares were disposed, representing a small reduction (≈3%) in the CFO’s stake, though solely for tax withholding

Insights

TL;DR: Routine tax-withholding; minimal impact on SFIX valuation.

Transaction Code F signals a non-discretionary share surrender. Because the CFO still controls nearly 0.9 million shares, the sale does not reflect a change in sentiment. The 32 k shares equate to about 0.03% of Stitch Fix’s 106 million diluted shares outstanding (FY-2024), an immaterial float change. Investors typically view such filings as neutral; however, the disclosure confirms the executive continues to be highly aligned with shareholders through a significant equity position.

Insider Aufderhaar David
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 32,027 $3.87 $124K
Holdings After Transaction: Class A Common Stock — 957,876 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Aufderhaar David

(Last) (First) (Middle)
1 MONTGOMERY ST.

(Street)
SAN FRANCISCO CA 94104

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Stitch Fix, Inc. [ SFIX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 06/18/2025 F 32,027(1) D $3.87 957,876 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of restricted stock units.
Remarks:
/s/ Casey O'Connor, Attorney-in-Fact for David Aufderhaar 06/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Stitch Fix (SFIX) shares did the CFO dispose of?

David Aufderhaar surrendered 32,027 Class A shares on 18-Jun-2025.

What was the reason for the share disposition reported on SFIX Form 4?

The shares were withheld by the company to cover tax obligations triggered by RSU vesting (Transaction Code F).

What is the CFO’s remaining ownership after the transaction?

Following the withholding, the CFO directly owns 957,876 SFIX shares.

Was the transaction part of a Rule 10b5-1 trading plan?

The filing does not indicate that a 10b5-1 plan was involved.

Does the insider sale significantly affect Stitch Fix’s share count?

No. The 32,027 shares equal about 0.03% of total diluted shares, an immaterial impact.