Reformation (REF) Director Steven Miller Receives 9,333 RSU Award

What Happened

• Steven Clive Miller, a director of Reformation Inc. (REF), received a grant of 9,333 restricted stock units (RSUs) on 2026-07-29. The Form 4 reports an acquisition (transaction code A) of 9,333 units at an acquisition price of $0.00 (total $0 reported). This is a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-29; Form 4 filed: 2026-07-31 (filed within the standard Form 4 window).
• Transaction type/code: Award/Grant (A).
• Amount granted: 9,333 RSUs; acquisition price reported: $0.00; total reported consideration: $0.
• Vesting: Per the filing footnote, the RSUs vest in full on the first anniversary of the grant date, subject to continued service. Each RSU converts to one share of common stock upon vesting.
• Shares owned after transaction: not specified in the summary data provided in this brief.

Context

• RSUs are a form of equity compensation that convert to shares if vesting conditions (here, continued service for one year) are met. They do not represent immediate cash or share ownership until they vest and are settled.
• Grants to directors and executives are common as part of compensation and do not necessarily signal a near-term buying/selling decision.