Stitch Fix (SFIX) CFO nets shares after PSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stitch Fix, Inc. Chief Financial Officer David Aufderhaar reported routine equity award activity involving performance and restricted stock units. On June 17, 2026, 43,895 Performance Stock Units were exercised into the same number of Class A common shares at a conversion price of $0.00 per share.
In connection with equity vesting, 51,603 Class A shares were disposed of through withholding to cover tax obligations, which is not an open-market sale. Following these transactions, Aufderhaar directly holds 1,170,329 Class A common shares and 219,582 Performance Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,895 shares exercised/converted
Mixed
3 txns
Insider
Aufderhaar David
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 43,895 | $0.00 | -- |
| Exercise | Class A Common Stock | 43,895 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 51,603 | $4.16 | $215K |
Holdings After Transaction:
Performance Stock Unit — 219,582 shares (Direct, null);
Class A Common Stock — 1,221,932 shares (Direct, null)
Footnotes (1)
- Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of restricted stock units. 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
Tax-withheld shares: 51,603 shares
Post-transaction common shares: 1,170,329 shares
+3 more
6 metrics
PSUs exercised
43,895 units
Performance Stock Units converted to Class A common on June 17, 2026
Tax-withheld shares
51,603 shares
Class A shares withheld to satisfy tax obligations
Post-transaction common shares
1,170,329 shares
Class A common stock directly held after transactions
Remaining PSUs
219,582 units
Performance Stock Units held after the reported vesting event
PSU conversion price
$0.00 per share
Exercise/conversion price for Performance Stock Units
Tax-withholding reference price
$4.16 per share
Price per share used in tax-withholding disposition
Key Terms
Performance Stock Unit, restricted stock units, tax withholding obligation, vesting
4 terms
Performance Stock Unit financial
"Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock."
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
"Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of 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 obligation financial
"Represents shares that have been withheld by the Company to satisfy tax withholding obligation in connection with the vesting of restricted stock units."
vesting financial
"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."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did Stitch Fix (SFIX) report for its CFO?
Stitch Fix CFO David Aufderhaar exercised 43,895 Performance Stock Units into Class A common shares and had 51,603 shares withheld to cover tax obligations. These actions reflect equity compensation mechanics rather than open-market buying or selling.
What happened to the Stitch Fix (SFIX) Performance Stock Units in this filing?
A total of 43,895 Performance Stock Units were converted into an equal number of Class A common shares at a $0.00 conversion price. Footnotes state the PSU performance condition was achieved and vesting now follows specified service-based quarterly schedules.
Does the Stitch Fix (SFIX) Form 4 indicate remaining unvested equity for the CFO?
Yes, after the transactions the CFO still holds 219,582 Performance Stock Units. Footnotes explain that, after achieving the performance condition, remaining PSUs vest over future quarterly service-based vesting dates defined by the award terms.