[Form 4] Stitch Fix, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Streeterville Capital LLC, Streeterville Management LLC and John M. Fife filed Amendment No. 1 to Schedule 13G regarding Garden Stage Ltd (Nasdaq: GSIW).

The amendment, dated 29 July 2025, states the reporting persons now hold 0 ordinary shares, equal to 0.0 % of the outstanding class. Their current powers are:

• Sole voting power: 0
• Shared voting power: 0
• Sole dispositive power: 0
• Shared dispositive power: 0

The filing confirms the group’s ownership has fallen below the 5 % threshold that triggers a Schedule 13G, signalling a complete exit from a previously reportable stake. The signatories certify the shares were not acquired or held to influence control of the issuer.

Issuer address: 201, 2/F, China Insurance Group Building, 141 Des Voeux Road Central, Hong Kong. CUSIP: G3730L107.

No financial results or transactional details accompany this disclosure.

Positive

• None.

Negative

• Streeterville Capital, Streeterville Management and John M. Fife disclose their ownership has dropped to 0 %, eliminating a former >5 % holder of Garden Stage.

Insights

Securities Analyst

TL;DR: Streeterville’s 13G/A shows its ownership in GSIW fell to 0 %, removing a prior 5 %+ holder; impact appears neutral-to-slightly negative.

The amendment is principally an exit notice—Streeterville Capital, its manager and principal John Fife now report no voting or dispositive power over any Garden Stage shares. While the change eliminates a potential overhang of insider influence, it also signals that a sophisticated investor no longer sees value in holding the position. Because no price, transaction size or rationale is provided, the market impact will depend on whether the divestiture was previously known. Given the small-cap nature of GSIW, the absence of a strategic holder could modestly increase share-price volatility, but the filing itself carries limited immediate financial implications.

Corporate Governance Expert

TL;DR: Filing removes Streeterville as a significant stakeholder, simplifying ownership structure without changing control dynamics—overall governance impact is minimal.

Schedule 13G filers are passive investors; thus Streeterville’s move to 0 % does not alter board composition or control rights. However, it reduces concentrated ownership risk and may broaden the free float, which proxy advisers often view positively. The certification that the position was never intended to influence control further supports a neutral governance assessment. Absent other activists, Garden Stage’s governance profile remains unchanged.

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).

1. Name and Address of Reporting Person^*

O'Connor Casey

(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 Legal Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2025

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	07/28/2025		M		31,248	A	$3.8	529,869	D
Class A Common Stock	07/28/2025		S(1)		31,248	D	$5.3412(2)	498,621	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
Non-qualified Stock Option (Right to Buy)	$3.8	07/28/2025		M(3)			31,248	(4)	12/14/2032	Class A Common Stock	31,248	$0	468,752	D

Explanation of Responses:

1. Shares were disposed of pursuant to a Rule 10b5-1 plan entered into on January 9, 2025.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.34 to $5.355 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.

3. Options were exercised pursuant to a Rule 10b5-1 plan entered into on January 9, 2025.

4. 25% of the shares subject to the Option vested on on 6/14/2023. 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 Reporting Person's continuous service through each vesting date.

Remarks:

	Casey O'Connor	07/29/2025
	** 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

What did Streeterville Capital report in the GSIW Schedule 13G/A?

The firm reported ownership of 0 ordinary shares (0.0 %), indicating a complete exit.

Why was the Schedule 13G/A filed on July 29, 2025?

The filing reflects an event on 07/29/2025 that reduced the group’s holdings below the 5 % reporting threshold.

Does the filing indicate any voting or dispositive power for Streeterville?

No. It lists 0 shares for both sole/shared voting and dispositive power.

What class of securities is covered in this 13G/A?

Garden Stage’s ordinary shares, par value $0.0001, CUSIP G3730L107.

Does the filing include Garden Stage’s financial results or transactions?

No. The document only addresses ownership disclosure; no earnings or transaction data are provided.