Reformation (REF) Director Allen Zipporah Receives RSU Award

What Happened
Allen Zipporah, a director of Reformation Inc. (REF), received a grant of 9,333 restricted stock units (RSUs) on 2026-07-29. The filing lists an acquisition price of $0.00 for the award (total reported value $0), indicating these RSUs were granted as compensation rather than purchased.

Key Details

• Transaction date: 2026-07-29; Form 4 filed 2026-07-31 (timely within the usual 2-business-day window).
• Transaction type/code: Award/Grant (A).
• Shares/units granted: 9,333 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: Not specified in the provided summary.
• Footnote: The RSUs vest in full on the first anniversary of the grant date, subject to continued service; each RSU represents a contingent right to receive one share of common stock.

Context
RSU grants are a common form of equity compensation for executives and directors and do not involve an immediate cash outlay or open-market purchase. The award will convert into actual shares only if vesting conditions are met (here, continued service through the first anniversary), so this grant is not an immediate liquidity event or sale.