4Filed Aug 13, 8:00 PM ET
Wayfair Director Andrea Jung Receives 2,422-Share RSU Award
$W · Wayfair Inc.Research Summary
AI-generated summary of this SEC filing
Wayfair Director Andrea Jung Receives 2,422-Share RSU Award
What Happened
- Andrea Jung, a director of Wayfair Inc. (W), was granted 2,422 restricted stock units (RSUs) on 2026-08-12. The Form 4 reports an acquisition at $0.00 per share (total reported value $0), indicating these are compensation awards, not an open-market purchase.
Key Details
- Transaction date: 2026-08-12; Filing date: 2026-08-14 (Form 4 filed within the usual two-business-day window).
- Reported amount: 2,422 RSUs; price reported: $0.00; reported total value: $0.
- Vesting: Per the filing, the RSUs vest based on service—1/4 of the shares vest on November 1, 2026, and an additional 1/4 vests every three months of continuous service thereafter (see footnote F1).
- Ownership after transaction: Not specified in the provided summary of the filing.
- Other note: The reporting person is the sole trustee and beneficiary of a revocable trust (footnote F2).
Context
- These are restricted stock units (compensation awards) that convert into shares only upon vesting; they are not an immediate market purchase or sale. Such awards are common executive/director compensation and do not by themselves signal a buy/sell opinion by the insider. Taxes are generally due when RSUs vest and convert to shares.