Campion Andrew 4

What Happened
Andrew Campion, a director of Williams‑Sonoma, received an award of 132 deferred stock units on 2026-02-02. The units were granted at $0.00 (derivative award) and therefore involved no cash purchase or sale. Each deferred stock unit represents a contingent right to one share of WSM common stock to be delivered later.

Key Details

• Transaction date: 2026-02-02 (reported on Form 4 filed 2026-02-03).
• Transaction type: Award / acquisition of deferred stock units (Code A). Price reported $0.00; total cash value $0 at grant.
• Quantity: 132 deferred stock units.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each deferred stock unit converts to one share; F2 — units were elected in lieu of the cash portion of the annual director retainer under the 2001 Long‑Term Incentive Plan and Director Compensation Policy; F3 — units are fully vested but scheduled for delivery in June 2028 (or earlier upon certain events).
• Timeliness: Filing appears timely (reported the business day after the transaction).

Context
Deferred stock units are a form of compensation that convert to actual shares (or their cash value) at a later date; they do not represent an open‑market purchase or sale and involve no immediate cash exchanged. Because these units were elected instead of cash retainers and are fully vested but deferred, the award reflects routine director compensation rather than an active market bet by the insider.