Bhargava Monica 4
Research Summary
AI-generated summary
WSM Monica Bhargava (Pottery Barn) Receives RSUs; 3,518 Shares Withheld
What Happened
- Monica Bhargava, President of the Pottery Barn brand at Williams‑Sonoma, had 8,298 restricted stock units (RSUs vest) convert to common shares on January 25, 2026. The RSUs converted at no cash exercise price (reported $0.00 per share).
- To cover tax withholding, 3,518 of those shares were withheld/disposed at a reported value of $204.50 per share, totaling $719,431. After withholding, the net shares delivered to Bhargava were 4,780 (8,298 vested − 3,518 withheld).
- This was a routine vesting/tax withholding event rather than an open‑market sale or purchase.
Key Details
- Transaction date: January 25, 2026; Filing date: January 27, 2026 (timely Form 4 filing).
- Vesting/conversion: 8,298 RSUs converted to 8,298 shares at $0.00 (derivative exercise/conversion code M).
- Tax withholding: 3,518 shares withheld (code F) at $204.50 per share = $719,431 withheld for taxes.
- Net shares received: 4,780 shares (noted from the vesting and withholding numbers).
- Footnotes: F1 indicates shares were withheld to cover tax withholding obligations; F3–F5 confirm each RSU equals one share, RSUs vest per a multi‑year schedule (1/25/2024–1/25/2027), and RSUs are cancelled upon vesting/delivery.
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
- This was a standard RSU vesting with share withholding to cover taxes (a common cashless method). It does not indicate an open‑market sale of shares by the insider and is generally considered routine compensation settlement rather than a directional market bet.