VAN PAASSCHEN FRITS D 4

What Happened

• Frits D. Van Paasschen, a director of Williams‑Sonoma (WSM), reported the conversion/ exercise of restricted stock units (RSUs) that vested on June 11, 2026.
• The filing shows 1,391 shares were acquired at $0.00 (conversion of RSUs) and 1,391 shares were disposed at $0.00 as a derivative disposition. The equal acquisition and disposition indicate the vested shares were withheld to satisfy tax withholding obligations, resulting in no net new shares received by the insider.

Key Details

• Transaction date: June 11, 2026; Form 4 filed June 12, 2026 (timely).
• Acquired: 1,391 shares @ $0.00 (conversion of RSUs; transaction code M).
• Disposed: 1,391 shares @ $0.00 (derivative disposition, likely tax withholding).
• Shares owned after transaction: not specified in the filing; net change in beneficial ownership = 0 shares.
• Footnotes: F1 — each RSU represents a right to one share; F2 — RSUs fully vested on June 11, 2026.
• No 10b5-1 plan or late filing flags noted.

Context

• This was a routine vesting/settlement of RSUs rather than an open‑market buy or sell. The conversion at $0.00 reflects settlement of previously granted RSUs; the simultaneous disposition is commonly used to cover tax withholding and does not necessarily indicate a change in the insider’s market view. Transaction code M denotes exercise/conversion of a derivative (here, RSUs).