Wayfair (NYSE: W) CTO Fiona Tan reports bona fide stock gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wayfair Inc. Chief Technology Officer Fiona Tan reported two bona fide gift transfers of 11,370 shares each of Class A common stock on February 23, 2026. One transaction reduced her direct holdings to zero, while another involved indirectly held shares.
The indirectly held shares are associated with a revocable trust, for which she is trustee and whose beneficiaries are members of her immediate family. Following these reported gifts, 211,698 shares of Class A common stock remained held indirectly through the revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,740 shares gifted
Mixed
2 txns
Insider
Tan Fiona
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 11,370 | $0.00 | -- |
| Gift | Class A Common Stock | 11,370 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 0 shares (Direct);
Class A Common Stock — 211,698 shares (Indirect, By Revocable Trust)
Footnotes (1)
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FAQ
What insider transaction did Wayfair (W) report for Fiona Tan?
Wayfair reported that Chief Technology Officer Fiona Tan filed a Form 4 showing two bona fide gift transfers of Class A common stock on February 23, 2026, reflecting non-cash dispositions rather than open-market purchases or sales.
How did these gifts affect Fiona Tan’s direct Wayfair (W) holdings?
After one of the bona fide gift transfers, Fiona Tan’s direct holdings of Wayfair Class A common stock fell to zero shares, indicating she no longer holds shares directly in her own name following the reported transaction.
What role does the revocable trust play in Fiona Tan’s Wayfair (W) holdings?
One transaction involves shares held indirectly through a revocable trust. Fiona Tan is the trustee, and her immediate family members are the sole beneficiaries, with 211,698 shares of Wayfair Class A common stock reported as indirectly held after the transaction.
What is the transaction code used in Fiona Tan’s Wayfair (W) Form 4?
Both transactions use code “G”, described as a bona fide gift. This indicates the reported movements of Wayfair Class A common stock are charitable or personal gifts, not purchases or sales executed in the open market.