Wayfair director Steven Conine converts 150K shares
Each Class B share is convertible at any time at the holder’s option into one Class A share and has no expiration date.
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Rhea-AI Filing Summary
Wayfair Inc. director Steven Conine converted, at his election, 150,000 shares of Class B Common Stock into 150,000 shares of Class A Common Stock on November 3, 2026. After the conversion, reported direct holdings were 8,483,304 Class B shares and 255,073 Class A shares. Separately, 22,857 Class A shares were directly owned by SK Ventures LLC, of which Conine is a member and may be deemed a beneficial owner.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F1 | 150,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock F1 | 150,000 | $0.00 | $0.00 |
| Holding | Class A Common Stock F2 | -- | -- | -- |
Footnotes (2)
- F1. On November 3, 2026, the reporting person converted, at his election, 150,000 shares of his Class B Common Stock into Class A Common Stock. Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock and has no expiration date.
- F2. Represents shares directly owned by SK Ventures LLC, of which the reporting person is a member and may be deemed to be a beneficial owner.
Key Figures
Key Terms
Class B Common Stock financial
Class A Common Stock financial
convertible at any time at the option of the holder technical
beneficial owner financial
FAQ
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What are Wayfair’s Class B-to-Class A conversion terms?
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