Frost Diana 4

What Happened

• Diana Frost, a director of Wayfair, was granted 3,176 restricted stock units (RSUs) reported as an acquisition on March 5, 2026. The filing reports the per-share acquisition price as $0.00 and a total reported cash amount of $0, consistent with an equity award rather than a cash purchase.

Key Details

• Transaction date: 2026-03-05 (Form 4 filed 2026-03-06; timely filing).
• Reported terms: 3,176 RSUs @ $0.00 (acquisition amount $0).
• Shares owned after the transaction: Not specified in the provided filing excerpt.
• Footnote: RSUs vest upon continued service — 1/4 of the shares vest on May 1, 2026, and an additional 1/4 vests for each subsequent three-month period of continuous service (see F1).
• No evidence of a 10b5-1 plan, tax-withholding sale, or immediate sale noted in the provided filing.

Context

• This is an equity compensation award (typical for directors) rather than an open-market purchase; such grants are routine and intended as compensation/retention rather than a direct bullish personal investment signal.
• The RSUs will convert into shares only as they vest per the service schedule above; the grant itself does not represent immediately tradable shares.