Brooks Jeremy 4

What Happened Jeremy Brooks, Chief Accounting Officer of Williams‑Sonoma (WSM), had 702 restricted stock units (RSUs convert/derivative) vest and convert into common shares on April 4, 2026. The RSUs converted at no exercise price (reported $0). To satisfy tax withholding obligations, 358 of the newly issued shares were withheld/settled (priced at $180.17 each), generating proceeds of about $64,501. After withholding, the reporting person received a net 344 shares.

Key Details

• Transaction date: April 4, 2026. Form filed April 7, 2026 (reporting period Apr 4, 2026); filing not marked as late in the report.
• Conversion: 702 RSUs converted to common shares (codes M). One M entry reflects acquisition of shares; the matching M entry reflects cancellation/conversion of the derivative RSUs.
• Tax withholding: 358 shares were withheld/disposed to cover tax liability (code F) at $180.17/share → ~$64,501.
• Net effect: +344 common shares received by Brooks (702 vested − 358 withheld).
• Footnotes: F1 = shares withheld to cover taxes; F3 = each RSU equals one share; F4 = these RSUs vest in four equal annual installments (2026–2029); F5 = RSUs are cancelled upon vesting. F2 references 401(k) holdings (statement dated Apr 4, 2026).
• Shares owned after transaction: the filing shows a net receipt of 344 shares from this vesting. (Total beneficial ownership not specified in the provided data.)

Context This was a compensation vesting event (RSU conversion), not an open‑market buy or deliberate sale. The withholding of shares is a routine cashless method to satisfy tax withholding and does not by itself signal a change in the insider’s market view. The M code denotes conversion/exercise of a derivative (here, RSUs), and the F code denotes withholding for taxes.