Savers Value Village (SVV) Form 144: Option Exercise and Planned Sale Details
Rhea-AI Filing Summary
Savers Value Village, Inc. (SVV) filed a Form 144 disclosing a proposed sale of 20,000 common shares through Fidelity Brokerage Services on 09/26/2025 with an aggregate market value of $273,845.86. The filing shows the shares were acquired the same day as exercised under an option granted 06/12/2019 and will be paid for in cash. The issuer reports 155,555,984 shares outstanding. The filing also lists six prior sales by Mindy Geisser during July–September 2025 totaling 100,000 shares for gross proceeds of $1,156,201.60. Several filer identification fields in the form are blank.
Positive
- Proposed sale disclosed: the filing specifies 20,000 common shares to be sold on 09/26/2025 via Fidelity, with aggregate value $273,845.86.
- Acquisition details provided: the shares were acquired via option granted 06/12/2019 and exercised on 09/26/2025, paid in cash.
- Prior sales disclosed: six sales from July–September 2025 totaling 100,000 shares and $1,156,201.60 in gross proceeds, improving transparency on recent insider liquidity.
Negative
- Missing filer identification: CIK/CCC and submission contact fields are not provided in the content.
- Remarks incomplete: the form as provided does not show a visible signature, date of notice, or plan adoption/instruction date if relying on a 10b5-1 plan.
- Limited context on materiality: the filing does not state whether the filer is an officer, director, or beneficial owner beyond the named seller entries, reducing clarity on insider status.
Insights
TL;DR: Insider executed option exercise and plans a modest sale of 20,000 shares; prior sales total 100,000 shares for $1.156M.
The Form 144 documents a routine Rule 144 notice: an option exercise dated 09/26/2025 followed by a proposed sale through a broker on the same date. The sale size (20,000 shares, $273,846) is small relative to the reported 155.6 million outstanding shares, implying limited direct dilution or market impact. The disclosure of six prior sales by the same individual totaling 100,000 shares and roughly $1.156 million in proceeds provides useful context on recent insider liquidity. Form fields for filer identification are incomplete, which reduces transparency.
TL;DR: Filing meets basic Rule 144 mechanics but omits several filer identification details, weakening auditability.
The submission includes required transaction tables (class, broker, amount, acquisition date, and payment method) and prior sales history, supporting compliance with Rule 144 notice requirements. However, key administrative fields such as filer CIK/CCC and named submission contact information appear blank in the provided content. The Remarks section contains the standard representation but lacks visible signature, notice date, or plan-adoption date, which are important for confirming the filer’s attestation and any 10b5-1 plan reliance. From a governance perspective, those omissions should be corrected to ensure full regulatory traceability.