Warby Parker (NYSE: WRBY) insider plans 200,000-share Rule 144 stock sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Warby Parker insider plans new stock sale under Rule 144. A holder has filed to sell 200,000 shares of common stock through Morgan Stanley Smith Barney LLC on the NYSE, with an aggregate market value of $5,914,000. The filing notes that 105,727,103 shares of common stock were outstanding.
The 200,000 shares were originally acquired on 06/28/2017 by exercising stock options for cash. The seller and related entities have already sold additional common shares over the past three months under a Rule 10b5-1 trading plan and related accounts, with individual transactions ranging from a few hundred shares to nearly 125,000 shares and gross proceeds per trade reaching into the millions of dollars.
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