JUNG ANDREA 4/A
4/A · Wayfair Inc. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Wayfair Director Andrea Jung Transfers Shares to Trust, Receives RSUs
What Happened
Andrea Jung, a director of Wayfair (W), transferred 15,703 shares on June 27, 2025 by gift into a revocable trust she controls (no cash exchanged, $0.00 per share). She was also granted an award of 3,177 restricted stock units (RSUs) on August 14, 2025 (also recorded at $0.00).
Key Details
- Transaction dates: June 27, 2025 (gift/transfer); August 14, 2025 (RSU award).
- Prices: both transactions reported at $0.00 per share (gifts/awards, not open‑market trades).
- Shares involved: 15,703 shares transferred to a revocable trust; 3,177 RSUs granted (issuable upon vesting).
- Vesting for RSUs (footnote): 1/4 vests on Nov 1, 2025 and then 1/4 for each additional three‑month period of continuous service.
- Trust detail (footnote): the transfer was into a revocable trust for which Jung is the sole trustee and beneficiary.
- Filing status: this is an amended Form 4 filed March 31, 2026 to correct/clarify the June 27, 2025 transfer and amend reported beneficial ownership.
Context
Gifts and transfers into a revocable trust generally do not signal a change in economic exposure — Jung remains the trust's sole trustee and beneficiary. RSU awards are service‑based and will vest over time, so they do not represent immediate open‑market buying or selling. The amendment updates reporting details; it does not by itself indicate trading intent.
Insider Transaction Report
- Gift
Class A Common Stock
[F1]2025-06-27−15,703→ 1,555 total - Gift
Class A Common Stock
[F1]2025-06-27+15,703→ 15,703 total(indirect: By Trust) - Award
Class A Common Stock
[F2][F3]2025-08-14+3,177→ 4,732 total
Footnotes (3)
- [F1]The previous Form 4 filed in respect of the listed transaction is being amended to indicate that 15,703 shares were transferred from the reporting person in her individual capacity to a revocable trust. The reporting person is the sole trustee and beneficiary of that revocable trust.
- [F2]These shares of Class A Common Stock are issuable upon vesting of restricted stock units ("RSUs"). These RSUs vest upon the satisfaction of a service condition. The service condition is satisfied as to 1/4th of the shares on November 1, 2025 and as to an additional 1/4th of the shares for each three-month period of continuous service thereafter.
- [F3]The amount of securities beneficially owned by the reporting person in her individual capacity has been amended to reflect the beneficial ownership following the transfer to the revocable trust.