Major holder of W plans to sell 69,000 Class A shares under Form 144

Rhea-AI Filing Summary

A shareholder associated with symbol W, the Shah Charitable Foundation, filed a notice of proposed sale of 69,000 Class A shares, originally received as founders shares as compensation, to be sold on the NYSE on or after 08/12/2026.

Recent activity includes multiple open-market sales of Class A shares between 05/27/2026 and 08/10/2026, with individual transactions such as 1,000 shares for $75,000.00 and 6,000 shares for $669,780.00.

Key Figures

Proposed shares to be sold: 69,000 shares Proposed sale date: 08/12/2026 Past sale 1: 1,000 shares for $75,000.00 +4 more

7 metrics

Proposed shares to be sold 69,000 shares Class A shares covered by the Form 144 notice

Proposed sale date 08/12/2026 Earliest date for sale of 69,000 Class A shares

Past sale 1 1,000 shares for $75,000.00 Class A sale on 05/27/2026 by Shah Charitable Foundation

Past sale 2 4,000 shares for $278,080.00 Class A sale on 06/10/2026 by Shah Charitable Foundation

Past sale 3 5,000 shares for $455,950.00 Class A sale on 07/10/2026 by Shah Charitable Foundation

Past sale 4 6,000 shares for $669,780.00 Class A sale on 08/04/2026 by Shah Charitable Foundation

Past sale 5 6,000 shares for $636,000.00 Class A sale on 08/10/2026 by Shah Charitable Foundation

Key Terms

Form 144, founders Shares, Compensation, Securities Sold During The Past 3 Months

4 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

founders Shares financial

"Class A | 01/01/2002 | Founders Shares | Issuer"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

Compensation financial

"69000 | 01/01/2002 | Compensation"

Securities Sold During The Past 3 Months regulatory

"144: Securities Sold During The Past 3 Months"

FAQ

How many Class A shares does the Form 144 for W indicate will be sold?

The Form 144 indicates a proposed sale of 69,000 Class A shares. These shares are described as founders shares originally received as compensation and are planned for sale on or after 08/12/2026 on the NYSE.

Who is the selling security holder in the Form 144 related to W?

The selling security holder is the Shah Charitable Foundation, located at 4 Copley Place, Boston, MA 02116. It reports prior sales of Class A shares over the last three months and now notices a proposed sale of 69,000 shares.

What prior Class A share sales were reported for W in the last three months?

Reported prior sales include 1,000 shares for $75,000.00 on 05/27/2026, 4,000 shares for $278,080.00 on 06/10/2026, 1,000 shares for $75,000.00 on 06/11/2026, and additional sales on 07/10/2026, 08/04/2026, and 08/10/2026.

On which exchange are the W Class A shares planned to be sold under this Form 144?

The Class A shares referenced in the Form 144 are planned to be sold on the NYSE. The notice covers a proposed sale of 69,000 Class A shares with Fidelity Brokerage Services LLC listed in the securities information section.

What is the nature of the 69,000 W Class A shares being sold?

The 69,000 Class A shares are identified as founders shares acquired from the issuer on 01/01/2002 as compensation. The Form 144 notice relates to the potential public sale of these shares on or after 08/12/2026.

What were some of the largest recent W Class A sales by the Shah Charitable Foundation?

Larger recent transactions include 5,000 shares for $455,950.00 on 07/10/2026, 6,000 shares for $669,780.00 on 08/04/2026, and another 6,000 shares for $636,000.00 on 08/10/2026, all listed under “Securities Sold During The Past 3 Months.”

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/12/2026 - 04:47 PM Accepted by SEC EDGAR 08/12/2026 - 04:46 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	69000	7132043.39	115990166	08/12/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	01/01/2002	Founders Shares	Issuer			69000	01/01/2002	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	05/27/2026	1000	75000.00
Shah Charitable Foundation 4 Copley Place, Boston MA 02116	Class A	06/10/2026	4000	278080.00
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	06/11/2026	1000	75000.00
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	07/10/2026	5000	455950.00
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	08/04/2026	6000	669780.00
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	08/10/2026	6000	636000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)