Williams-Sonoma Insider to Sell 23,488 Shares via Charles Schwab
Rhea-AI Filing Summary
Williams-Sonoma, Inc. (WSM) Form 144 shows a proposed sale of 23,488 common shares by an insider through Charles Schwab on the NYSE, with an aggregate market value of $4,752,092.00 and 121,790,333 shares outstanding. The securities were acquired as restricted stock units on 03/21/2024 (4,980 shares), 04/15/2024 (10,498 shares) and 04/16/2024 (8,010 shares), and payment is listed as equity compensation. The filer reports no sales in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer.
Positive
- Clear linkage between the shares to be sold and their acquisition as restricted stock units, showing the securities resulted from equity compensation
- Broker and exchange identified (Charles Schwab; NYSE), indicating an orderly, disclosed sale process
Negative
- "Date of Notice" not provided in the content supplied, leaving the formal notice timing unclear
Insights
TL;DR: Insider intends to sell a small block of RSU-derived shares worth $4.75M; transaction size is immaterial to market cap.
The filing documents a planned sale of 23,488 shares acquired as restricted stock units in March and April 2024. At an aggregate value of $4,752,092 relative to 121,790,333 shares outstanding, the sale represents a very small percentage of the company's outstanding equity and is unlikely to be market-moving by itself. The use of a broker and the absence of sales in the prior three months are routine disclosure items. No price per share or exact filing date is provided in the notice content, limiting precision about execution timing beyond the stated approximate sale date.
TL;DR: Form 144 provides standard insider-sale disclosure tied to equity compensation, with a missing notice date noted.
The report ties the shares to restricted stock units granted by the issuer and affirms the signer does not possess undisclosed material information, fulfilling Rule 144 representation language. The filing names the broker and exchange, supporting orderly sale execution. One disclosure omission in the provided content is the explicit "Date of Notice," which is referenced but not populated; completeness of that field matters for regulatory timelines and should be confirmed in the official filing record.