[Form 4] Savers Value Village, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Richard A. Medway, General Counsel of Savers Value Village, Inc. (SVV), reported transactions dated 09/11/2025 under a 10b5-1 plan adopted March 10, 2025. He exercised 1,333 stock options with an exercise price of $1.41 per share and simultaneously sold 1,333 common shares at a weighted average price of $13.0261 (execution prices ranged from $12.98 to $13.10). After these transactions, the reporting person holds 398,123 shares of common stock. The filing notes that the exercised options were part of a 2019 Management Incentive Plan, fully vested as of March 28, 2024, and that the sold shares were executed pursuant to the 10b5-1 plan.

Positive

• Sale executed under a 10b5-1 plan, indicating a prearranged, rule-compliant disposition
• Options were fully vested as of March 28, 2024, enabling orderly exercise
• Reporting person retains 398,123 shares, maintaining significant ongoing ownership

Negative

• Insider sold 1,333 shares, which may be viewed as a liquidity action by the officer

Insights

Financial Analyst

TL;DR: Routine option exercise and preplanned sale; modest absolute size relative to total holdings.

The filing documents a synchronized exercise of options and sale of the resulting 1,333 shares under an established 10b5-1 plan, generating proceeds at a weighted average price of $13.0261 while the exercise cost was $1.41 per share. This is a common liquidity event for insiders with fully vested incentives and does not, by itself, change control or materially alter share count. The reporting person continues to beneficially own 398,123 shares, which provides ongoing alignment with shareholders.

Corporate Governance Expert

TL;DR: Transaction follows a preapproved trading plan and shows compliance with disclosure norms.

The sale was executed pursuant to a 10b5-1 trading plan adopted March 10, 2025, which indicates a prearranged program intended to provide an affirmative defense under Rule 10b5-1. The filing discloses vesting details for the options (fully vested March 28, 2024) and specifies the provenance of option grants under the 2019 Management Incentive Plan. Signature and explanatory notes meet standard Form 4 disclosure requirements.

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
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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).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Medway Richard A.

(Last) (First) (Middle)

C/O SAVERS VALUE VILLAGE, INC.

11400 SE 6TH, SUITE 125

(Street)

BELLEVUE WA 98004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Savers Value Village, Inc. [ SVV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

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
Common Stock	09/11/2025		M		1,333	A	$1.41	1,333	D
Common Stock	09/11/2025		S(1)		1,333	D	$13.0261(2)	0	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
Option (Right to Purchase)(3)	$1.41	09/11/2025		M			1,333	(4)	06/12/2029	Common Stock	1,333	$1.41	398,123(5)	D

Explanation of Responses:

1. The sale was made pursuant to a 10b5-1 Plan adopted by the reporting person on March 10, 2025.

2. 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 $12.98 to $13.10. 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.

3. 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.

4. The June 12, 2019 stock option grant vested in substantially equal annual installments over five years starting March 28, 2020, and was fully vested on March 28, 2024.

5. Approximately 19% represents time-based options which vested in substantially equal annual installments over five years starting March 28, 2020, and approximately 81% 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.

Remarks:

	/s/ Richard Medway	09/15/2025
	** 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 SVV insider Richard Medway do on 09/11/2025?

He exercised 1,333 options at $1.41 per share and sold 1,333 common shares at a weighted average price of $13.0261.

Were the share sales by the SVV insider part of a trading plan?

Yes. The sale was executed pursuant to a 10b5-1 plan adopted March 10, 2025.

How many SVV shares does the reporting person own after these transactions?

The filing reports beneficial ownership of 398,123 shares following the reported transactions.

What was the exercise price of the options exercised by the SVV insider?

The options were exercised at an exercise price of $1.41 per share.

Do the filing notes explain option vesting for SVV?

Yes. The June 12, 2019 option grant vested in equal annual installments over five years starting March 28, 2020, and was fully vested on March 28, 2024.