Ready William J 4

What Happened

• William J. Ready, a director of Williams‑Sonoma (WSM), had 1,304 restricted stock units (RSUs) fully vest on June 11, 2026 and the RSUs were converted into 1,304 shares. The Form 4 records an exercise/conversion (transaction code M) showing both an acquisition and a matching disposition of 1,304 shares at $0.00.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely).
• Reported price: $0.00 for both acquired and disposed entries; no cash consideration reported in the filing.
• Shares acquired/disposed: 1,304 shares acquired and 1,304 shares disposed (conversion of RSUs).
• Shares owned after transaction: not stated in the provided filing details.
• Footnotes: F1 — each RSU represents a contingent right to one share; F2 — the RSUs fully vested on June 11, 2026.
• Transaction code: M (exercise or conversion of a derivative instrument).

Context

• The filing shows conversion of vested RSUs rather than an open‑market buy or sell. The paired $0.00 acquisition and disposition entries commonly reflect conversion on vesting with a simultaneous internal transfer or withholding (for example, to satisfy taxes), though the filing does not itemize withholding details or cash proceeds. This type of transaction is routine for equity compensation and does not by itself indicate a bullish or bearish signal.