Warby Parker director awarded 9,004 RSUs
Briggs Teresa reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Briggs Teresa reported acquisition or exercise transactions in this Form 4 filing.
Warby Parker Inc. director Teresa Briggs reported an equity compensation grant and updated her shareholdings. She received 9,004 fully-vested restricted stock units, with each RSU representing one share of Class A Common Stock, increasing her direct holdings to 53,883 shares. She also indirectly holds 15,969 shares through The Teresa Briggs Trust, over which she may be deemed to have voting and dispositive power.
Insider Trade Summary
Grant/Award: 9,004 shares
Grant/Award
2 txns
Insider
Briggs Teresa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 9,004 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 53,883 shares (Direct);
Class A Common Stock — 15,969 shares (Indirect, By Trust)
Footnotes (2)
- F1. Represents a grant of fully-vested restricted stock units ("RSUs"), granted pursuant to the Warby Parker Inc. Amended and Restated Non-Employee Director Compensation Program. Each RSU unit represents a right to receive one share of Class A Common Stock.
- F2. Ms. Briggs may be deemed to have voting power and dispositive power over the shares held by The Teresa Briggs Trust.
Key Figures
RSU grant size: 9,004 RSUs
Grant price per share: $0.00 per share
Direct holdings after grant: 53,883 shares
+1 more
4 metrics
RSU grant size
9,004 RSUs
Fully-vested equity award to director
Grant price per share
$0.00 per share
RSUs granted at no cash cost
Direct holdings after grant
53,883 shares
Class A Common Stock directly owned post-transaction
Indirect holdings via trust
15,969 shares
Class A Common Stock held by The Teresa Briggs Trust
Key Terms
restricted stock units, Amended and Restated Non-Employee Director Compensation Program, voting power, dispositive power
4 terms
restricted stock units financial
"Represents a grant of fully-vested restricted stock units ("RSUs"), granted pursuant to the Warby Parker Inc. Amended and Restated Non-Employee Director Compensation Program."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Amended and Restated Non-Employee Director Compensation Program financial
"granted pursuant to the Warby Parker Inc. Amended and Restated Non-Employee Director Compensation Program."
voting power financial
"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 financial
"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.
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 an equity compensation transaction. She received 9,004 fully-vested restricted stock units, each representing one share of Warby Parker Class A Common Stock, and updated her direct and indirect shareholdings accordingly in this Form 4 filing.
What are Teresa Briggs’ Warby Parker (WRBY) direct holdings after this grant?
After the grant, Teresa Briggs directly holds 53,883 shares of Warby Parker Class A Common Stock. This reflects the addition of 9,004 fully-vested restricted stock units that were granted as equity compensation and immediately increased her direct ownership position.
What program governed the RSU grant to Teresa Briggs at Warby Parker (WRBY)?
The RSU grant was made under Warby Parker Inc.’s Amended and Restated Non-Employee Director Compensation Program. This program provides equity compensation to non-employee directors, with each restricted stock unit representing the right to receive one share of Class A Common Stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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