Wayfair (W) CTO Fiona Tan receives 21,457 restricted stock units in new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Tan Fiona reported acquisition or exercise transactions in this Form 4 filing.
Wayfair Inc. reported that Chief Technology Officer Fiona Tan received a grant of 21,457 restricted stock units (RSUs) tied to its Class A common stock. Each RSU represents the right to receive one share when it vests. These RSUs vest after a service condition is met, which will be fully satisfied on April 1, 2026. Following this award, Tan holds 21,457 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tan Fiona
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit ("RSUs") | 21,457 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit ("RSUs") — 21,457 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of Class A Common Stock when vested. These RSUs vest upon the satisfaction of a service condition and have no expiration date. The service condition will be fully satisfied on April 1, 2026.
FAQ
What insider transaction did Wayfair (W) report for Fiona Tan?
Wayfair reported that Chief Technology Officer Fiona Tan received a grant of 21,457 restricted stock units. These RSUs are a form of equity compensation and convert into Class A common shares when vesting conditions tied to continued service are met.
Is Fiona Tan’s Wayfair Form 4 transaction a stock purchase or a grant?
The Form 4 shows an equity grant, not an open-market stock purchase. Tan received 21,457 restricted stock units as a compensation award, recorded at a price of $0.00 per unit, reflecting that she did not pay cash for the shares.
When do Fiona Tan’s 21,457 Wayfair RSUs vest?
The RSUs vest once a service condition is met and have no expiration date. According to the disclosure, that service condition will be fully satisfied on April 1, 2026, at which point the units convert into Class A common stock for the holder.
How many Wayfair RSUs does Fiona Tan hold after this transaction?
After this grant, Fiona Tan is reported to hold 21,457 restricted stock units directly. Each RSU corresponds to one share of Wayfair Class A common stock upon vesting, providing a potential future equity stake aligned with her continued service at the company.
What type of security is involved in Fiona Tan’s Wayfair Form 4 filing?
The security is a restricted stock unit linked to Wayfair Class A common stock. Each RSU gives a contingent right to receive one share once vesting conditions are met, offering equity-based compensation rather than immediate ownership or an open-market transaction.