Stitch Fix (SFIX) CTO exercises PSUs, shares withheld to cover taxes
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
Net Buyer: 6,071 shares
Net Buy
3 txns
Insider
Bacos Anthony
Role
Chief Prod/Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 43,895 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 43,895 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 37,824 | $3.19 | $121K |
Holdings After Transaction:
Performance Stock Unit — 263,477 shares (Direct);
Class A Common Stock — 1,105,109 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 obligation in connection with the vesting of 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.