Director Steven Conine sells 10,394 Wayfair (NYSE: W) shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wayfair Inc. director Steven Conine reported selling 10,394 shares of Class A Common Stock in open-market transactions on March 25, 2026. The shares were sold in three blocks at weighted average prices of $77.62, $78.48, and $79.34 per share under a Rule 10b5-1 trading plan adopted on May 29, 2025.
Following these sales, Conine directly holds 49,073 Class A shares. He also has indirect beneficial ownership of 22,857 additional shares through SK Ventures LLC, of which he is a member and may be deemed a beneficial owner.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,394 shares ($817,594)
Net Sell
4 txns
Insider
Conine Steven
Role
Director
Sold
10,394 shs ($818K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,900 | $77.62 | $225K |
| Sale | Class A Common Stock | 2,416 | $78.48 | $190K |
| Sale | Class A Common Stock | 5,078 | $79.34 | $403K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 56,567 shares (Direct);
Class A Common Stock — 22,857 shares (Indirect, See Footnote)
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.02 to $77.91, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.07 to $78.99, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.01 to $79.68, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. 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.
FAQ
What did Wayfair (W) director Steven Conine report in this Form 4?
Steven Conine reported selling 10,394 Wayfair Class A Common Stock shares in three open-market transactions. The trades occurred on March 25, 2026 under a previously adopted Rule 10b5-1 trading plan, and updated his direct and indirect share holdings.
Was Steven Conine’s Wayfair (W) stock sale made under a trading plan?
Yes. The Form 4 states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Conine on May 29, 2025. Such plans pre-establish trading instructions, making the transactions more routine in nature.
What is SK Ventures LLC’s role in Steven Conine’s Wayfair (W) holdings?
SK Ventures LLC directly owns 22,857 Wayfair Class A shares reported as indirectly owned by Conine. The filing notes he is a member of SK Ventures LLC and may be deemed a beneficial owner of those shares due to this relationship.