[Form 4] Savers Value Village, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Mark T. Walsh, CEO & Director of Savers Value Village, Inc. (SVV), exercised options and sold resulting shares on 09/24/2025 under a 10b5-1 plan. The filing shows Walsh acquired 34,184 shares by exercising options with a $1.41 exercise price and immediately sold 34,184 shares at a weighted average price of $13.0762, with sale prices ranging from $13.00 to $13.20. Following the transactions the reporting person holds 0 shares of common stock directly. The option grant referenced was part of the 2019 Management Incentive Plan and was fully vested as of October 7, 2024.
Positive
- None.
Negative
- None.
Insights
TL;DR: CEO exercised vested options and sold all resulting shares under a pre-established 10b5-1 plan; transaction appears routine, not a material corporate event.
The report documents a common insider execution: exercise of previously granted options at a $1.41 strike followed by an immediate market sale under a 10b5-1 plan at a weighted average of $13.0762 per share. The filing discloses the sale price range and that the options were part of the 2019 Management Incentive Plan, fully vested by October 7, 2024. From an investor-impact perspective this is routine insider liquidity rather than a corporate operating or financial development; it reduces the CEO's direct shareholding to zero but does not disclose other forms of indirect ownership beyond the options referenced.
TL;DR: Transaction follows corporate governance best practices via a documented 10b5-1 plan and fully vested incentive awards.
The sale was executed pursuant to a 10b5-1 trading plan adopted May 19, 2025, which provides procedural protection against opportunistic trading. The options exercised originated from a 2019 grant with mixed time-based and performance-based vesting; the filing explains vesting mechanics and remaining performance vesting conditions. The disclosure is specific about price ranges and vesting status, supporting transparency for shareholders concerned about insider transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (Right to Purchase) | 34,184 | $1.41 | $48K |
| Exercise | Common Stock | 34,184 | $1.41 | $48K |
| Sale | Common Stock | 34,184 | $13.0762 | $447K |
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 $13.20. 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 36% represents time-based options which vested in substantially equal annual installments over five years starting October 7, 2020 and approximately 64% 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.