Stitch Fix (SFIX) CTO sells 70,011 shares in Rule 10b5-1 trades
Rhea-AI Filing Summary
Stitch Fix Chief Product and Technology Officer Anthony Bacos reported an option exercise-and-sale transaction in Class A Common Stock. On June 29, 2026, he sold a total of 70,011 shares in open-market trades at weighted average prices of $4.4233 and $4.4225 per share, executed under a pre-arranged Rule 10b5-1 plan entered into on March 17, 2026. To fund these sales, he exercised employee stock options covering 50,011 shares at exercise prices of $2.48 and $3.99 per share. After the transactions, he continues to hold more than one million Stitch Fix shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 11 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 50,000 | $0.00 | -- |
| Exercise | Class A Common Stock | 11 | $3.99 | $43.89 |
| Exercise | Class A Common Stock | 50,000 | $2.48 | $124K |
| Sale | Class A Common Stock | 20,000 | $4.4225 | $88K |
| Sale | Class A Common Stock | 50,011 | $4.4233 | $221K |
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 plan entered into on March 17, 2026. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.35 to $4.495 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $4.35 to $4.51 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 25% of the shares subject to the Option vested on June 12, 2024. The remaining shares subject to the Option shall vest as follows: 25% of the shares in equal quarterly installments over the next two (2) quarterly vesting dates; 33 1/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates; and 16 2/3% of the shares in equal quarterly installments over the next four (4) quarterly vesting dates, subject to the recipient's continuous service through each vesting date.
Key Figures
Key Terms
Rule 10b5-1 plan financial
weighted average sale price financial
Employee Stock Option (Right to Buy) financial
Class A Common Stock financial
FAQ
What insider transactions did Stitch Fix (SFIX) report for Anthony Bacos?
Stitch Fix (SFIX) reported that Chief Product and Technology Officer Anthony Bacos exercised employee stock options for 50,011 shares and sold 70,011 Class A Common shares in open-market transactions. The actions formed an exercise-and-sell pattern rather than a pure open-market purchase.
Were the Stitch Fix (SFIX) insider sales made under a Rule 10b5-1 plan?
Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan entered into on March 17, 2026. Such pre-arranged plans automatically schedule trades, which can make the timing less indicative of the insider’s short-term market outlook.
What option exercises did the Stitch Fix (SFIX) Form 4 disclose for Anthony Bacos?
The Form 4 shows Anthony Bacos exercised employee stock options for 50,011 Stitch Fix (SFIX) Class A Common shares. These included 50,000 shares at a $2.48 exercise price and 11 shares at a $3.99 exercise price, with corresponding reductions in derivative holdings.
Did the Stitch Fix (SFIX) Form 4 include tax withholding or gift transactions?
No. The transaction summary in the Form 4 shows no entries for tax withholding dispositions or gifts. All reported activity for Stitch Fix (SFIX) relates to option exercises and open-market sales, with no restructuring or other special transaction codes disclosed.