Stitch Fix (SFIX) CLO exercises PSUs with 25,999 shares withheld
Rhea-AI Filing Summary
Stitch Fix, Inc. reports that Chief Legal Officer Casey O'Connor exercised 25,283 Performance Stock Units, receiving the same number of Class A Common shares on June 17, 2026. On the same date, 25,999 shares of Class A Common Stock were withheld to satisfy tax obligations related to equity vesting. After these transactions, O'Connor directly holds 479,618 shares of Class A Common Stock, and 126,480 Performance Stock Units remain outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 716 shares
Net Sell
3 txns
Insider
O'Connor Casey
Role
Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Stock Unit | 25,283 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 25,283 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 25,999 | $4.16 | $108K |
Holdings After Transaction:
Performance Stock Unit — 126,480 shares (Direct);
Class A Common Stock — 479,618 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.
Key Figures
PSUs exercised: 25,283 units
Tax withholding shares: 25,999 shares at $4.16 per share
PSUs remaining: 126,480 units
+1 more
4 metrics
PSUs exercised
25,283 units
Performance Stock Units converted to Class A Common Stock on 2026-06-17
Tax withholding shares
25,999 shares at $4.16 per share
Class A Common Stock withheld to satisfy tax obligations on 2026-06-17
PSUs remaining
126,480 units
Performance Stock Units held after the June 17, 2026 exercise
Direct Class A holdings
479,618 shares
Directly held Stitch Fix Class A Common Stock after reported transactions
Key Terms
Performance Stock Unit, restricted stock units, tax withholding obligation, contingent right
4 terms
Performance Stock Unit financial
"Each Performance Stock Unit ("PSU") represents a contingent right to receive one share"
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
"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
"withheld by the Company to satisfy tax withholding obligation in connection"
contingent right financial
"represents a contingent right to receive one share of the Issuer"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SFIXs Chief Legal Officer report?
Chief Legal Officer Casey OConnor exercised 25,283 Performance Stock Units into the same number of Class A Common shares, and 25,999 shares were withheld to cover tax obligations. After these equity events, she holds 479,618 shares directly.
What Performance Stock Units remain for SFIXs Chief Legal Officer after this filing?
Following the June 17, 2026 exercise of 25,283 PSUs, the report lists 126,480 Performance Stock Units still outstanding. The filing notes that the PSU performance condition has been achieved and remaining units vest over specified future service periods.