Tan Fiona 4
4 · Wayfair Inc. · Filed May 4, 2026
Research Summary
AI-generated summary of this filing
Wayfair (W) CTO Fiona Tan Receives RSU Award — 108,292 Shares
What Happened
Fiona Tan, Chief Technology Officer of Wayfair (W), received a grant of 108,292 restricted stock units (RSUs) on May 1, 2026. The RSUs were reported as a derivative award at $0.00 per unit (no cash purchase); they represent a contingent right to receive one share of Class A common stock when each portion vests.
Key Details
- Transaction type: Award/Grant (code A) of RSUs reported on Form 4 (filed May 4, 2026) covering transaction date May 1, 2026.
- Grant size and price: 108,292 RSUs @ $0.00 (derivative award, no cash exchanged).
- Vesting schedule (footnotes): 27,073 RSUs vest on each of July 1, 2026; Oct 1, 2026; Jan 1, 2027; and Apr 1, 2027. No expiration date; vesting contingent on continued service.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: F1 confirms each RSU converts to one share upon vesting; F2 describes the service-based vesting schedule above.
- Filing timeliness: Form 4 was filed with the SEC on May 4, 2026, reporting the May 1, 2026 grant (filing date shown on report).
Context
RSU grants are common executive compensation and do not involve an immediate cash purchase or sale — they vest over time and convert to shares only if service conditions are met. Because this is an award rather than an open-market purchase or sale, it should be viewed as compensation (not a direct bullish or bearish market signal).
Insider Transaction Report
- Award
Restricted Stock Unit ("RSUs")
[F1][F2]2026-05-01+108,292→ 108,292 total→ Class A Common Stock (108,292 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of Class A Common Stock when vested.
- [F2]These RSUs, which were granted on May 1, 2026, vest upon the satisfaction of a service condition and have no expiration date. Subject to continued service on each applicable vesting date, 27,073 shares will vest on July 1, 2026, 27,073 shares will vest on October 1, 2026, 27,073 shares will vest on January 1, 2027, and 27,073 shares will vest on April 1, 2027.