Finucane Anne A. 4

What Happened

• Anne A. Finucane, a director of Williams‑Sonoma (WSM), had multiple derivative conversions and received a grant of restricted stock units (RSUs) on June 18, 2026. The filing shows conversions/exercises of 590 derivative shares (separate line items of 109, 162, 148 and 171 shares) and a grant/award of 1,028 RSUs. All transactions show a $0.00 per‑share price. Offsetting disposition entries for the same 590 derivative shares also appear in the filing. Net effect recorded in the filing: +1,028 contingent share units (RSUs/DSUs) to the reporting person.

Key Details

• Transaction date: June 18, 2026; Form 4 filed June 22, 2026.
• Transaction types: multiple conversions/exercises of derivative securities (code M) and a grant/award of RSUs (code A). All reported at $0.00 per share.
• Specific counts: conversions/exercises acquired 109, 162, 148, 171 (total 590) and the award was 1,028 RSUs; matching dispositions of the 590 derivative shares are also listed. Net increase = 1,028 share‑equivalents.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Each RSU = a contingent right to one share of WSM common stock.
  • F2: The RSUs vest on the earlier of one year from grant or the day before the next regularly scheduled annual meeting.
  • F3: Each deferred stock unit (DSU) = a contingent right to one share.
  • F4: Deferred stock units were delivered to the reporting person on June 18, 2026, at the end of a previously elected deferral period.
• Filing timing: the Form 4 was filed four days after the transaction date (filed 6/22 for 6/18). Form 4s are typically due within two business days of the transaction.

Context

• These entries reflect equity compensation activity (awards, conversions/settlements), not an open‑market buy or sell. The $0.00 price is consistent with the vesting/conversion or delivery of RSUs/DSUs rather than a market purchase.
• The presence of both acquisition and disposition lines for the same derivative amounts often appears when derivative securities are converted/settled and then delivered or redistributed as part of an award or deferral; footnote F4 confirms deferred units were delivered on June 18.
• Such compensation entries are routine for directors and do not in themselves indicate a buy/sell market signal.