[144] Wayfair Inc. SEC Filing
Rhea-AI Filing Summary
Wayfair Inc. (W) submitted a Form 144 proposing the sale of 4,000 Class A shares through Fidelity Brokerage Services, with an aggregate market value of $288,440 and an approximate sale date of 08/11/2025. The filing shows 105,002,641 Class A shares outstanding and notes the 4,000 shares were acquired as Founders Shares on 01/01/2002 with payment characterized as compensation. The filing also lists detailed recent dispositions: affiliated sellers (Niraj S. Shah and Shah Charitable Foundation) reported selling 435,578 Class A shares from May–August 2025, generating $22,668,964.30 in gross proceeds. The form includes the standard signature representation about absence of undisclosed material information.
Positive
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Negative
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Insights
TL;DR: Multiple large affiliate/insider sales are disclosed; the Form 144 proposes a small additional sale of 4,000 Class A shares.
The filing explicitly records a proposed sale of 4,000 Class A shares through Fidelity with an aggregate market value of $288,440 and lists the securities as originally acquired as Founders Shares on 01/01/2002. The schedule of recent dispositions shows 435,578 shares sold between May and August 2025 by Niraj S. Shah and Shah Charitable Foundation, producing $22,668,964.30 in gross proceeds. These figures are factual disclosures of transactions and do not include forward-looking commentary or reasons for sales.
TL;DR: The Form 144 provides required disclosure of planned and recent affiliate sales, enhancing transparency about insider transactions.
The document shows the person for whose account the sale is proposed represents there is no undisclosed material information. It details the broker (Fidelity Brokerage Services LLC), the approximate sale date (08/11/2025), and the issuers outstanding share count (105,002,641). The filing and included historical sale records by affiliated parties meet disclosure requirements; the record is procedural and factual rather than explanatory about motives or company operations.