[144] Wayfair Inc. SEC Filing
Rhea-AI Filing Summary
Filing: Form 144 filed for Wayfair Inc. (W) reporting a proposed sale of 7,836 Class A shares through Fidelity Brokerage Services LLC with an aggregate market value of $603,564.24. The sale is scheduled approximately for 08/06/2025 on the NYSE and the issuer’s outstanding Class A shares are listed as 105,002,641 in the form.
Background and recent activity: The securities to be sold were acquired as Founder Shares on 01/01/2002 from the issuer and noted as compensation. The filing also discloses 13 transactions by Niraj S. Shah and Shah Charitable Foundation dated 05/12/2025 through 08/05/2025 listing individual sale amounts and gross proceeds as shown in the table of the filing.
Positive
- Transparent disclosure of a proposed sale and detailed history of recent dispositions by the filer and related foundation
- Filer attests (signature language) that no material nonpublic information is known as of the notice
Negative
- Extensive recent dispositions are listed in the filing (multiple transactions between 05/12/2025 and 08/05/2025) which may indicate significant monetization by the filer or related foundation
- Large single transactions in the table include a 07/01/2025 sale of 179,707 shares for $9,449,742.63 as reported in the filing
Insights
TL;DR: Multiple insider dispositions disclosed; proposed sale is documented and follows substantial recent transactions reported in the filing.
The filing documents a proposed sale of 7,836 Class A shares (aggregate market value $603,564.24) to be executed via Fidelity on 08/06/2025. The filer states the shares were acquired as founders shares on 01/01/2002 and paid as compensation. The form includes a table of 13 prior sales by Niraj S. Shah and Shah Charitable Foundation with dates and gross proceeds reported in the filing. No operational, financial performance, or forward guidance data is included in this Form 144; it is a disclosure of intended and past securities dispositions only.
TL;DR: Founder-related share sales and trustee transactions are disclosed; the signer affirms no undisclosed material information.
The Form 144 shows the securities were originally acquired as founders shares and lists multiple sales by both an individual and a charitable foundation. The form contains the standard attestation that the person for whose account the securities are to be sold does not possess material nonpublic information, and it references Rule 10b5-1 procedures where applicable. This filing is governance-related transparency about insider and related-party selling; it does not include corporate operational disclosures.