Neil Blumenthal sells 217,667 shares under 10b5-1 (WRBY)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
WRBY filed a Form 144 disclosing insider share sales under a 10b5-1 plan. The filing lists multiple brokered sales by Neil Blumenthal, including 217,667 shares on 07/01/2026 for $6,446,097.50 and earlier trades in 2026 totaling tens of thousands of shares each.
Positive
- None.
Negative
- None.
Key Figures
Sale on 07/01/2026: 217,667 shares
Proceeds on 07/01/2026: $6,446,097.50
Sale on 06/29/2026: 36,300 shares
+5 more
8 metrics
Sale on 07/01/2026
217,667 shares
10b5-1 sale by Neil Blumenthal
Proceeds on 07/01/2026
$6,446,097.50
Gross proceeds reported for 217,667 shares
Sale on 06/29/2026
36,300 shares
10b5-1 sale by Neil Blumenthal
Proceeds on 06/29/2026
$1,090,564.53
Gross proceeds reported for 36,300 shares
Sale on 05/19/2026
63,040 shares
10b5-1 sale by Neil Blumenthal
Proceeds on 05/19/2026
$1,893,236.19
Gross proceeds reported for 63,040 shares
Sale on 04/17/2026
75,213 shares
10b5-1 sale by Neil Blumenthal
Proceeds on 04/17/2026
$1,847,748.44
Gross proceeds reported for 75,213 shares
Key Terms
10b5-1 Sales, Form 144, Founder Shares, Previously Exercised Options
4 terms
10b5-1 Sales regulatory
"10b5-1 Sales for NEIL BLUMENTHAL 233 Spring Street"
10b5-1 sales are pre-arranged stock-trading plans that let company insiders automatically buy or sell shares according to a fixed schedule or formula, even if they later learn confidential information. Think of it as setting up an automatic thermostat for trades: it creates a clear, documented path that can protect insiders from insider-trading accusations and gives investors a signal about predictable insider activity—though it can also simply be a way for insiders to diversify or raise cash.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Previously Exercised Options financial
"Founder Shares & Previously Exercised Options | Issuer"
FAQ
What does WRBY's Form 144 reveal about insider sales?
The Form 144 shows insiders sold shares under a 10b5-1 plan. It lists trades by Neil Blumenthal on specific dates with share counts and gross proceeds, for example 217,667 shares on 07/01/2026 for $6,446,097.50.
Who executed the sales reported in WRBY's filing?
The filing identifies Neil Blumenthal as the seller, with an address shown and multiple 10b5-1 sales across 2026. Each trade is listed with date, share amount, and gross dollar proceeds in the excerpt.
Were the sales listed executed under a trading plan?
Yes. The excerpt labels the transactions as 10b5-1 Sales, indicating they were reported under a prearranged trading plan; each row in the excerpt pairs the 10b5-1 label with date, shares, and proceeds.