Stitch Fix (SFIX) CTO exercises PSUs, shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stitch Fix, Inc. Chief Product and Technology Officer Anthony Bacos exercised performance stock units that converted into 43,895 shares of Class A common stock on March 18, 2026. Each performance stock unit represents a right to receive one share after conditions are met.
In connection with the vesting, 37,824 shares of Class A common stock were withheld by the company at $3.19 per share to cover tax obligations. After these transactions, Bacos directly holds 1,105,109 shares of Stitch Fix Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,895 shares exercised/converted
Mixed
3 txns
Insider
Bacos Anthony
Role
Chief Prod/Technology 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 | 37,824 | $3.19 | $121K |
Holdings After Transaction:
Performance Stock Unit — 263,477 shares (Direct);
Class A Common Stock — 1,142,933 shares (Direct)
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.
FAQ
What insider transaction did Stitch Fix (SFIX) report for Anthony Bacos?
Anthony Bacos exercised performance stock units into Class A shares. On March 18, 2026, his performance stock units converted into 43,895 shares of Stitch Fix Class A common stock after performance conditions were achieved and service-based vesting requirements were met.
What are performance stock units (PSUs) in the Stitch Fix (SFIX) filing for Anthony Bacos?
Each Stitch Fix performance stock unit represents a right to one Class A share. The filing notes that PSUs convert into Class A common stock once performance conditions are achieved and service-based vesting schedules are satisfied.
What vesting schedule applies to Anthony Bacos’s Stitch Fix performance stock units?
The performance condition for the PSUs has been achieved. According to the filing, 5/12 of the award vested on December 17, 2025, and the remaining PSUs will vest in 1/12 increments over the next seven quarterly vesting dates.