Conine Steven 4
4 · Wayfair Inc. · Filed Apr 27, 2026
Research Summary
AI-generated summary of this filing
Wayfair (W) Director Steven Conine Sells 120,000 Shares
What Happened
Steven Conine, a Wayfair director, disposed of 120,000 Wayfair shares in open‑market sales on April 23–24, 2026, generating approximately $9,307,319 in proceeds. The transactions reported as sales (S) break down as follows:
- Apr 23, 2026 — 16,721 shares @ $76.37 = $1,276,983
- Apr 23, 2026 — 52,639 shares @ $77.25 = $4,066,363
- Apr 23, 2026 — 38,510 shares @ $78.11 = $3,008,016
- Apr 23, 2026 — 4,240 shares @ $79.06 = $335,214
- Apr 23, 2026 — 751 shares @ $79.85 = $59,967
- Apr 24, 2026 — 600 shares @ $77.54 = $46,524
- Apr 24, 2026 — 5,839 shares @ $78.57 = $458,770
- Apr 24, 2026 — 700 shares @ $79.26 = $55,482
Key Details
- Transaction dates: April 23–24, 2026; Form 4 filed April 27, 2026 (timely — within required two business days).
- Total sold: 120,000 shares for ~$9.31 million.
- Reported prices are weighted averages; footnotes state component execution prices were in multiple sub‑ranges and the filer will provide a full breakdown on request.
- Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted May 29, 2025 (prearranged plan noted in filing).
- Footnote indicates some shares are held through SK Ventures LLC, of which Conine is a member and may be deemed a beneficial owner.
- Shares owned after the transactions were not specified in the supplied data.
Context
Sales under an established 10b5‑1 plan are prearranged and may be automatic; they do not necessarily reflect the insider’s current view of the company. For retail investors, purchases are usually more informative about insider sentiment; these entries are routine disclosures of executed sales. The filer’s footnotes note that detailed per‑trade price information is available upon request.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-04-23$76.37/sh−16,721$1,276,983→ 532,352 total - Sale
Class A Common Stock
[F1][F3]2026-04-23$77.25/sh−52,639$4,066,363→ 479,713 total - Sale
Class A Common Stock
[F1][F4]2026-04-23$78.11/sh−38,510$3,008,016→ 441,203 total - Sale
Class A Common Stock
[F1][F5]2026-04-23$79.06/sh−4,240$335,214→ 436,963 total - Sale
Class A Common Stock
[F1]2026-04-23$79.85/sh−751$59,967→ 436,212 total - Sale
Class A Common Stock
[F1][F6]2026-04-24$77.54/sh−600$46,524→ 435,612 total - Sale
Class A Common Stock
[F1][F7]2026-04-24$78.57/sh−5,839$458,770→ 429,773 total - Sale
Class A Common Stock
[F1][F8]2026-04-24$79.26/sh−700$55,482→ 429,073 total
- 22,857(indirect: See Footnote)
Class A Common Stock
[F9]
Footnotes (9)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 29, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.77 to $76.76, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.77 to $77.76, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.77 to $78.69, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.84 to $79.57, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.00 to $77.97, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $78.02 to $78.87, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.03 to $79.60, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F9]Represents shares directly owned by SK Ventures LLC, of which the reporting person is a member and may be deemed to be a beneficial owner.