Wix.com (WIX) executive lines up preplanned stock sale
Rhea-AI Filing Summary
Wix.com Ltd. (WIX) received a Rule 144 notice relating to a proposed sale of its ordinary shares by officer Nir Zohar. The filing lists a proposed sale of 29,026 shares through Oppenheimer & Co. Inc., with an aggregate market value of $2,450,374.92, and indicates that these securities stem from 152,934 shares acquired on 09/11/2019 upon exercise of employee stock options. It also notes that 974 shares were sold in the past three months for $83,064.19. The planned sales are pursuant to a Rule 10b5-1 trading plan adopted on 03/26/2026.
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Key Figures
Proposed shares to be sold: 29,026 shares
Aggregate market value of proposed sale: $2,450,374.92
Shares outstanding: 54,989,523 shares
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8 metrics
Proposed shares to be sold
29,026 shares
Ordinary shares proposed for sale through Oppenheimer & Co. Inc.
Aggregate market value of proposed sale
$2,450,374.92
Value of 29,026 ordinary shares to be sold
Shares outstanding
54,989,523 shares
Ordinary shares of Wix.com Ltd. outstanding
Securities acquired upon option exercise
152,934 shares
Ordinary shares acquired on 09/11/2019 upon exercise of employee stock options
Shares sold in past 3 months
974 shares
Ordinary shares sold on 08/24/2026
Value of shares sold in past 3 months
$83,064.19
Aggregate sale value for 974 shares on 08/24/2026
10b5-1 plan adoption date
03/26/2026
Date the Rule 10b5-1 trading plan was adopted
Approximate date of proposed sale
08/25/2026
Approximate sale date for the proposed 29,026-share transaction
Key Terms
Rule 144, Rule 10b5-1 trading plan, ordinary shares, employee stock options
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Rule 10b5-1 trading plan regulatory
"The securities are being sold pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
employee stock options financial
"Shares acquired upon exercise of employee stock options"
Employee stock options are contracts that give workers the right to buy a company's shares at a set price sometime in the future, like a coupon that lets you purchase stock at today’s price later on. Investors care because they align employees’ incentives with company performance and create a potential future claim on shares that can reduce existing owners’ percentage and add to a company’s reported compensation costs.
FAQ
What does the Form 144 filing disclose for Wix.com Ltd. (WIX)?
It discloses that officer Nir Zohar plans to sell Wix.com Ltd. ordinary shares under Rule 144, with a proposed sale of 29,026 shares through Oppenheimer & Co. Inc., tied to shares acquired from stock option exercises.
AI-generated analysis. How Rhea-AI works. Not financial advice.