Warby Parker Inc.·4

Jun 18, 5:39 PM ET

Briggs Teresa 4

Research Summary

AI-generated summary

Updated

Warby Parker (WRBY) Director Teresa Briggs Sells Shares

What Happened

  • Teresa Briggs, a director of Warby Parker (WRBY), sold a total of 5,000 shares on June 16, 2026 in two transactions. She disposed of 3,092 shares at an average price of $25.41 for $78,568 and 1,908 shares at an average price of $26.79 for $51,115, totaling roughly $129,683. These were sales (not purchases) and thus are routine dispositions rather than insider buys.

Key Details

  • Transaction dates: June 16, 2026.
  • Transaction type: Open market/private sales (Code S).
  • Prices reported: $25.41 (avg.) for 3,092 shares; $26.79 (avg.) for 1,908 shares.
    • 3,092-share sales executed across prices from $25.05 to $25.82 (F2).
    • 1,908-share sales executed across prices from $26.46 to $27.06 (F3).
  • Total shares sold: 5,000; total proceeds ≈ $129,683.
  • Shares owned after transaction: Not specified in the information provided in this summary/filing.
  • Plan/authorization: Sales were made pursuant to a Rule 10b5-1 trading plan adopted March 17, 2026 (F1).
  • Other disclosure: Average prices are rounded; full per-trade pricing can be provided on request (F2, F3). Ms. Briggs may have voting and dispositive power over shares held by The Teresa Briggs Trust (F4).
  • Filing timeliness: Form 4 was filed on June 18, 2026, two business days after the June 16 transactions (appears timely).

Context

  • Because these sales were executed under a pre‑arranged 10b5‑1 plan, they were likely scheduled in advance and are generally considered routine rather than a contemporaneous signal of the director’s view on the stock. No implication about motivation should be assumed from this filing alone.