ALBER LAURA 4

What Happened

• Laura Alber, President & CEO of Williams‑Sonoma (WSM), had restricted stock units (RSUs) vest/convert in late March 2026 and those RSUs were settled into shares. A total of 366,363 RSUs converted to common stock (no exercise price). To cover tax withholding obligations, 185,566 shares were withheld/sold at $178.42 per share, producing proceeds of $33,108,686. The remaining net shares delivered to Ms. Alber after withholding were 180,797 shares.
• These were not option exercises with a cash purchase — they were RSU vestings/settlements (transaction code M for conversion/exercise of derivative and F for share withholding/tax payment). The RSUs were granted previously and became vested based on performance/service conditions.

Key Details

• Transaction dates: RSU grant/conversion events reported March 20–22, 2026; Form 4 filed March 24, 2026.
• Prices: Withheld/sold shares treated at $178.42 per share; RSUs had $0 exercise price.
• Shares withheld/sold for taxes: 157,762 + 9,298 + 12,818 + 5,688 = 185,566 shares; proceeds = $33,108,686.
• RSUs converted (gross): 311,719 + 18,274 + 25,192 + 11,178 = 366,363 RSUs → net delivered 180,797 shares after withholding.
• Relevant footnotes: F1 (shares withheld to cover tax withholding), F3 (each RSU = one share), F4–F8 (vesting schedules and that certain RSUs reflected satisfaction of performance metrics and service conditions), F5 (RSUs canceled upon vesting and delivery).
• Filing: Form filed 2026‑03‑24 covering events on Mar 20–22, 2026. No late‑filing flag indicated in the report.

Context

• RSUs are a form of compensation that convert into shares when vesting conditions are met; they often have no exercise price. Withholding shares to cover taxes is a routine administrative step and should not be read the same as an open‑market sell motivated by a view on the stock.
• Transaction codes: M = conversion/exercise of derivative security (here, RSUs converting to stock), F = shares withheld/retired to satisfy tax withholding.