Warby Parker (NYSE: WRBY) director trims stake with 10,000-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Warby Parker Inc. director Youngme E Moon reported an open-market sale of 10,000 shares of Class A Common Stock. The shares were sold at an average price of $26.53 per share in multiple trades executed between $26.4701 and $26.55. After this transaction, Moon directly holds 26,061 shares of Warby Parker Class A stock, indicating a partial reduction rather than a full exit from her position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($265,300)
Net Sell
1 txn
Insider
Moon Youngme E
Role
null
Sold
10,000 shs ($265K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 10,000 | $26.53 | $265K |
Holdings After Transaction:
Class A Common Stock — 26,061 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Average sale price: $26.53 per share
Price range of trades: $26.4701–$26.55 per share
+1 more
4 metrics
Shares sold
10,000 shares
Open-market sale of Class A Common Stock
Average sale price
$26.53 per share
Average execution price for the 10,000 shares sold
Price range of trades
$26.4701–$26.55 per share
Range of execution prices across multiple transactions
Shares held after sale
26,061 shares
Direct holdings following the reported transaction
Key Terms
Class A Common Stock, open-market sale, average execution price, Form 4
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
average execution price financial
""The price reported in Column 4 is an average execution price""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Warby Parker (WRBY) report for Youngme E Moon?
Warby Parker reported that director Youngme E Moon sold 10,000 shares of Class A Common Stock. The sale was an open-market transaction at an average price of $26.53 per share, reducing her direct holdings but leaving her with 26,061 shares afterward.
Was Youngme E Moon’s Warby Parker (WRBY) transaction an open-market sale?
Yes. The filing classifies Youngme E Moon’s transaction as an open-market sale of Class A Common Stock. The transaction code “S” and description confirm it was a sale in the open market or a private transaction, not an option exercise, gift, or tax withholding event.