Blotner Jon 4/A
Research Summary
AI-generated summary
Wayfair Pres. Jon Blotner Indirectly Acquires 100 Shares
What Happened
- Jon Blotner, President, Commercial & Operations at Wayfair (W), became an indirect beneficial owner of 100 Wayfair shares on April 1, 2026. The shares were received by his spouse from an inherited IRA (acquisition by will/inheritance). Reported acquisition price: $0.00 (inheritance), total value $0. This filing is an amended Form 4 to clarify the inheritance transaction and resulting indirect ownership.
Key Details
- Transaction date: 2026-04-01; reported/Amended filing date: 2026-04-27.
- Transaction type: W = acquisition by will/inheritance; reported as $0.00 per share.
- Shares involved: 100 shares became indirectly beneficially owned by the reporting person.
- Footnotes: (F1) Amended to state the reporting person's spouse received 100 shares from an inherited IRA, making the reporting person an indirect beneficial owner. (F2) The 100 shares are directly owned by the spouse, of which the reporting person is deemed a beneficial owner.
- Filing status: This is an amended Form 4 filed on Apr 27 for an Apr 1 transaction (i.e., the original report was corrected/updated).
Context
- This was an inheritance to the spouse, not an open-market purchase or sale by the insider. Inheritances and transfers to family accounts generally do not indicate the insider’s trading intent or sentiment toward the company.