Warby Parker (NYSE: WRBY) Co-CEO discloses RSU vesting, tax share withholding and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Warby Parker Inc. insider activity centers on RSU vesting and related share movements. On 12/02/2025, the Co-Chief Executive Officer and director reported the vesting of restricted stock units, resulting in the acquisition of 9,816 shares of Class A Common Stock at an exercise price of $0 and a Form 4 transaction code of "M." To cover required tax withholding obligations tied to this vesting, 5,430 shares of Class A Common Stock were disposed of at $18.79 under transaction code "F." Following these transactions, the reporting person directly held 37,119 shares of Class A Common Stock, with additional indirect holdings of 200,000 Class A shares through the Royal Blue Aries Trust and 200,000 Class A shares through the Tiffany Blue Gemini Trust. The filing also details derivative holdings, including RSUs and Class B Common Stock that is convertible into Class A Common Stock on a one-to-one basis under specified conditions, with certain RSUs vesting in 60 monthly installments beginning July 1, 2021 and others in 36 monthly installments beginning January 1, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
118,920 shares exercised/converted
Mixed
14 txns
Insider
Blumenthal Neil Harris
Role
Co-Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 54,552 | $0.00 | -- |
| Exercise | Class B Common Stock | 54,552 | $0.00 | -- |
| Tax Withholding | Class B Common Stock | 33,549 | $18.79 | $630K |
| Exercise | Restricted Stock Units | 9,816 | $0.00 | -- |
| Exercise | Class A Common Stock | 9,816 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 5,430 | $18.79 | $102K |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 467,064 shares (Direct);
Class B Common Stock — 3,432,820 shares (Direct);
Class A Common Stock — 42,549 shares (Direct);
Class B Common Stock — 200,000 shares (Indirect, By Royal Blue Aries Trust);
Class A Common Stock — 200,000 shares (Indirect, By Royal Blue Aries Trust)
Footnotes (1)
- Represents shares of Class A Common Stock withheld by the Issuer to cover required tax withholding obligations in connection with the vesting of RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class B Common Stock. This filing relates to the occurrence of a RSU vesting event. The RSUs will vest in 60 monthly installments beginning on July 1, 2021. The Class B Common Stock is convertible at any time at the option of the holder into the Issuer's Class A Common Stock on a one-to-one basis. The Class B Common Stock will automatically convert into shares of the Issuer's Class A Common Stock on a one-to-one basis upon the earlier of (i) transfer of Class B Common Stock to a person or entity that is not in the transferor's permitted ownership group, (ii) October 1, 2031, (iii) with respect to any Class B Common Stock held by any person or entity in Neil Blumenthal's permitted ownership group, (A) such time as Neil Blumenthal is removed or resigns from the board of directors, or otherwise ceases to serve as a director, (B) such time as Neil Blumenthal ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Neil Blumenthal, and (iv) with respect to any Class B common stock held by any person or entity in Dave Gilboa's permitted ownership group, (A) such time as Dave Gilboa is removed or resigns from the board of directors, or otherwise ceases to serve as a director, (B) such time as Dave Gilboa ceases to be either an employee, officer or consultant of the Company or any of its subsidiaries, or (C) the date that is 12 months after the death or disability of Dave Gilboa. Represents shares of Class B Common Stock withheld by the Issuer to cover required tax withholding obligations in connection with the vesting of RSUs. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. The RSUs will vest in 36 monthly installments beginning on January 1, 2025.
FAQ
What insider transaction did Warby Parker (WRBY) report on this Form 4?
The Co-Chief Executive Officer and director reported the vesting of restricted stock units on 12/02/2025, acquiring 9,816 shares of Class A Common Stock at an exercise price of $0 and disposing of 5,430 Class A shares at $18.79 to satisfy tax withholding.
What indirect Warby Parker (WRBY) Class A holdings are reported for the insider?
The Form 4 shows indirect ownership of 200,000 shares of Class A Common Stock by the Royal Blue Aries Trust and 200,000 shares by the Tiffany Blue Gemini Trust, along with additional indirect holdings tied to other trusts through convertible Class B Common Stock and RSUs.
What are the vesting schedules for the RSUs reported by the Warby Parker insider?
One RSU grant vests in 60 monthly installments beginning July 1, 2021, and another vests in 36 monthly installments beginning January 1, 2025, with each RSU representing a contingent right to receive one share of Class A or Class B Common Stock as specified.