Wayfair director receives 3,176-share RSU grant
Kumin Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kumin Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
Wayfair director Michael Andrew Kumin reported receiving 3,176 shares of Wayfair Class A common stock on March 5, 2026 as a grant or award at a price of $0.00 per share. Each share is issuable upon vesting of a restricted stock unit. The RSUs vest once a service condition is met: one-quarter vests on May 1, 2026, with an additional one-quarter vesting after each three-month period of continuous service thereafter.
After this award, Kumin directly owns 263,753 shares, which include 160 shares in a separately managed account for his benefit. He also has indirect interests in 56,000 shares held by TOF Capital, where he is managing member, and 4,000 shares held by the Great Hill Partners Profit Sharing Plan Trust, a retirement trust for his benefit.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,176 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Each share of Class A Common Stock is issuable upon the vesting of a restricted stock unit ("RSU"). The RSUs vest upon the satisfaction of a service condition. The service condition is satisfied as to 1/4th of the shares on May 1, 2026 and as to an additional 1/4th of the shares for each three-month period of continuous service thereafter.
- F2. Includes 160 shares held in a separately managed account for the benefit of the reporting person.
- F3. The reporting person is the managing member of TOF Capital, which directly owns the reported securities.
- F4. Shares held by Great Hill Partners Profit Sharing Plan Trust, a retirement trust, for the benefit of the reporting person.
FAQ
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What insider transaction did Wayfair (W) report for Michael Andrew Kumin?
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