Warby Parker (WRBY) co-CEO sells 100K Class A shares in 10b5-1 trade insider
Rhea-AI Filing Summary
Warby Parker Inc. reported that a director and Co-Chief Executive Officer executed pre-planned stock transactions on December 11, 2025. The insider converted 100,000 shares of Class B Common Stock into Class A at an exercise price of $0, then sold 100,000 Class A shares at an average price of $30.29 in multiple trades between $30.00 and $30.90 under a Rule 10b5-1 trading plan adopted on March 14, 2025.
After these trades, the insider directly owns 37,119 Class A shares and indirectly owns 200,000 Class A shares each through the Royal Blue Aries Trust and the Tiffany Blue Gemini Trust. The insider also holds 3,299,271 Class B shares directly and additional Class B shares through several family trusts, all convertible into Class A on a one-to-one basis, with automatic conversion triggers including transfers outside permitted ownership groups, October 1, 2031, and specified changes in the roles, employment, death, or disability of Neil Blumenthal and Dave Gilboa.
Positive
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