Warby Parker director sells 5,000 shares
Warby Parker director Teresa Briggs reported open-market sales of 5,000 shares of Class A Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Warby Parker director Teresa Briggs reported open-market sales of 5,000 shares of Class A Common Stock. The sales on June 16, 2026 occurred in two blocks: 3,092 shares at an average price of $25.41 and 1,908 shares at an average price of $26.79.
The filing states these transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 17, 2026. After these sales, Briggs holds 48,883 shares directly and 15,969 shares indirectly through The Teresa Briggs Trust, over which she may be deemed to have voting and dispositive power.
Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
3 txns
Insider
Briggs Teresa
Role
Director
Sold
5,000 shs ($130K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,092 | $25.41 | $79K |
| Sale | Class A Common Stock | 1,908 | $26.79 | $51K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 48,883 shares (Direct);
Class A Common Stock — 15,969 shares (Indirect, By Trust)
Footnotes (4)
- F1. These share sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026.
- F2. The price reported in Column 4 is an average execution price rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $25.05 to $25.82 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- F3. The price reported in Column 4 is an average execution price rounded to the nearest hundredth. These shares were sold in multiple transactions at prices ranging from $26.46 to $27.06 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.
- F4. Ms. Briggs may be deemed to have voting power and dispositive power over the shares held by The Teresa Briggs Trust.
Key Figures
Total shares sold: 5,000 shares
First sale average price: $25.41 per share
Second sale average price: $26.79 per share
+4 more
7 metrics
Total shares sold
5,000 shares
Open-market sales on June 16, 2026
First sale average price
$25.41 per share
3,092 shares sold; multiple trades in $25.05–$25.82 range
Second sale average price
$26.79 per share
1,908 shares sold; multiple trades in $26.46–$27.06 range
Direct holdings after sales
48,883 shares
Class A Common Stock held directly after reported transactions
Indirect trust holdings
15,969 shares
Held by The Teresa Briggs Trust; indirect ownership
Rule 10b5-1 plan adoption date
March 17, 2026
Plan governing the reported share sales
Net share direction
5,000-share net sale
transactionSummary netBuySellShares
Key Terms
Rule 10b5-1 trading plan, open-market sale, voting power, dispositive power, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"These share sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 17, 2026."
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.
open-market sale financial
"transaction_action: open-market sale in non-derivative Class A Common Stock transactions."
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.
voting power regulatory
"Ms. Briggs may be deemed to have voting power and dispositive power over the shares held by The Teresa Briggs Trust."
Voting power is the ability shareholders have to influence a company's major decisions—like electing the board, approving mergers, or changing corporate rules—based on the voting rights attached to the shares they hold. For investors it matters because greater voting power is like holding more keys to a building: it gives you a stronger say over management choices and the company’s strategy, which can affect future value and risk.
dispositive power regulatory
"Ms. Briggs may be deemed to have voting power and dispositive power over the shares held by The Teresa Briggs Trust."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
indirect ownership financial
"total_shares_following_transaction 15969.0000, direct_or_indirect: I, nature_of_ownership: By Trust."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Warby Parker (WRBY) director Teresa Briggs report?
Teresa Briggs reported selling a total of 5,000 Warby Parker Class A shares in open-market transactions. The trades occurred on June 16, 2026, and were disclosed in a Form 4 insider filing with the Securities and Exchange Commission.
What does the trust holding mean for Teresa Briggs’ Warby Parker (WRBY) ownership?
The filing shows 15,969 Warby Parker shares held by The Teresa Briggs Trust. Briggs may be deemed to have voting and dispositive power over these indirectly held shares, adding to her direct ownership stake reported after the sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates