Savers Value Village Insiders: 3,970 & 2,100 Shares Sold Under 10b5-1
Rhea-AI Filing Summary
Insider transactions by Mark T. Walsh, CEO & Director of Savers Value Village, Inc. (SVV). On 09/17/2025 and 09/18/2025 Mr. Walsh executed exercise-type acquisitions and contemporaneous sales under a 10b5-1 plan. He acquired 3,970 shares on 09/17/2025 and 2,100 shares on 09/18/2025 at an exercise price of $1.41 per share. Matching sales were executed pursuant to a 10b5-1 plan: 3,970 shares sold on 09/17/2025 at a weighted average price of $13.0106 and 2,100 shares sold on 09/18/2025 at a weighted average price of $13.0002. The Form 4 also discloses previously granted options under the 2019 Management Incentive Plan with exercise price $1.41, exercisable and expiring 10/07/2029, and shows large numbers of underlying shares reported in the table.
Positive
- Transactions were executed pursuant to a 10b5-1 plan, which provides pre-established rules for insider sales and may mitigate concerns about selective timing.
- Options were fully vested from the October 7, 2019 grant, removing uncertainty about vesting restrictions for the exercised options.
- Weighted-average sale prices disclosed ($13.0106 and $13.0002) with an offer to provide execution-level detail on request, indicating transparency.
Negative
- Large disposals of exercised shares were sold shortly after acquisition, which may be viewed by some investors as monetization of equity rather than long-term holding.
- Form does not provide a breakdown of the number of shares sold at each specific price within the disclosed ranges without requesting additional detail.
Insights
TL;DR: CEO exercised options at $1.41 and sold shares under a 10b5-1 plan at ~ $13.00, indicating routine monetization of vested equity.
The filing documents option exercises (codes M) and contemporaneous sales executed pursuant to a 10b5-1 plan adopted May 19, 2025. The exercises occurred on 09/17/2025 (3,970 options) and 09/18/2025 (2,100 options) at the stated exercise price of $1.41, with weighted-average sale prices of $13.0106 and $13.0002 respectively. The Form confirms the October 7, 2019 option grant fully vested by October 7, 2024 and includes both time-based and performance-based components. This appears procedural and disclosed in compliance with Section 16 reporting requirements.
TL;DR: Transactions disclosed follow an established 10b5-1 plan and exercise of vested awards; disclosure is complete regarding weighted average sale prices.
The Form 4 identifies the reporting person as CEO & Director and notes the adoption date of the 10b5-1 plan. It provides weighted-average sale prices and offers to provide price-by-price execution details upon request. The filing also restates the composition of the 2019 option grant (time-based vs performance-based vesting). Documentation and signature by an attorney-in-fact are included, indicating procedural completion of the filing formalities.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (Right to Purchase) | 2,100 | $1.41 | $3K |
| Exercise | Common Stock | 2,100 | $1.41 | $3K |
| Sale | Common Stock | 2,100 | $13.0002 | $27K |
| Exercise | Option (Right to Purchase) | 3,970 | $1.41 | $6K |
| Exercise | Common Stock | 3,970 | $1.41 | $6K |
| Sale | Common Stock | 3,970 | $13.0106 | $52K |
Footnotes (1)
- The sale was made pursuant to a 10b5-1 Plan adopted by the reporting person on May 19, 2025. This price represents the weighted average price per share of common stock of Savers Value Village, Inc. These Shares were executed at a range of prices from$13.00 to $13.04. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price. This price represents the weighted average price per share of common stock of Savers Value Village, Inc. These Shares were executed at a range of prices from $13.00 to $13.005. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price. Options previously granted under the Registrant's 2019 Management Incentive Plan. Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting and settlement conditions. The October 7, 2019 stock option grant vested in substantially equal annual installments over five years starting October 7, 2020, and was fully vested on October 7, 2024. Approximately 37% represents time-based options which vested in substantially equal annual installments over five years starting October 7, 2020 and approximately 63% represents performance-based options, of which 25% vested upon the initial public offering and the remainder will be eligible for vesting upon satisfaction of certain performance criteria including stock price performance.