Blotner Jon 4

What Happened

• Jon Blotner, President, Commercial & Operations of Wayfair (W), received a grant of 18,549 restricted stock units (RSUs) on March 18, 2026. The transaction is reported as an award/derivative (code A) at $0.00 per share (no cash paid at grant). These RSUs represent contingent rights to receive one share of Class A common stock when they vest.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (filed two days after the transaction).
• Grant size: 18,549 RSUs; reported price: $0.00 (award).
• Shares owned after transaction: not specified in the filing.
• Footnotes: (F1) Each RSU converts to one share when vested. (F2) RSUs vest upon satisfaction of a service condition, which will be fully satisfied on April 1, 2026; the RSUs have no expiration date.
• No sale, purchase, tax-withholding sale, or 10b5-1 plan was noted in the filing.

Context

• RSU grants are compensation awards, not open-market purchases or sales. They are typically not tradable until they vest and are converted into shares (here, expected to vest April 1, 2026). For retail investors, grants signal executive compensation practices but do not necessarily indicate a personal decision to buy or sell stock.