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Savers Value Village, Inc.·4

Mar 16, 4:45 PM ET

Geisser Melinda L. 4

4 · Savers Value Village, Inc. · Filed Mar 16, 2026

Research Summary

AI-generated summary of this filing

Updated

Savers (SVV) CPO Melinda Geisser Exercises Options, Receives RSUs

What Happened

  • Melinda L. Geisser, Chief People Services Officer of Savers Value Village, exercised/converted derivative awards and received restricted stock unit (RSU) awards. On March 12, 2026 she exercised options/derivatives to acquire 3,433 shares (@ $8.03, $27,567) and 10,548 shares (@ $8.03, $84,700) — a total cost of $112,267. To satisfy tax withholding, 3,405 shares were surrendered (disposed) at an implied value of $8.03/share ($27,342). She also received grant/award RSU transactions: 57,544 shares @ $7.80 (reported value $448,843) and additional RSU-related acquisitions of 28,846 and 14,176 shares recorded at $0.00 (conversion/vesting of RSUs).

Key Details

  • Transaction dates and prices:
    • 2026-03-12: option exercises — 3,433 @ $8.03 and 10,548 @ $8.03 (acquired).
    • 2026-03-12: tax/withholding — 3,405 shares surrendered @ $8.03 (disposed).
    • 2026-03-12 & 03-13: RSU/award entries — 57,544 @ $7.80 (value $448,843), 28,846 @ $0.00, 14,176 @ $0.00.
  • Shares owned after the transactions: not disclosed in the provided filing excerpt.
  • Notable footnotes:
    • Vested RSUs from 3/12/2024 and 3/12/2025 converted 1:1 to common shares (F1, F2, F4).
    • Units were surrendered to the issuer to satisfy tax withholding on vesting (F3) — effectively a cashless tax withholding.
    • Awarded options/RSUs have future vesting schedules (vesting in roughly equal/one‑third increments in 2027–2029 or one year from grant, per F5–F9).
  • Filing timeliness: Report filed 2026-03-16 for transactions on 2026-03-12 — filed within the typical 2 business-day Form 4 window (timely).

Context

  • Transaction codes: M = exercise/conversion of derivative (option), F = payment of exercise price/tax withholding, A = grant/award.
  • This filing shows option exercises and RSU vesting/awards rather than open‑market selling. The surrender of shares to cover taxes is a routine, administrative step (common in vesting/exercise events) and not an independent sale for investment reasons.
  • The larger reported award ($448,843) is a grant value; exercises indicate insider acquisition of shares (net share increase before withholding). No 10% owner or 10b5-1 plan was disclosed in the provided notes.

Insider Transaction Report

Form 4
Period: 2026-03-12
Savers Value Village, Inc.SVV
Geisser Melinda L.
Chief People Services Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-03-12$8.03/sh+3,433$27,567→ 3,433 total
  • Exercise/Conversion

    Common Stock

    [F2]
    2026-03-12$8.03/sh+10,548$84,700→ 13,981 total
  • Tax Payment

    Common Stock

    [F3]
    2026-03-12$8.03/sh−3,405$27,342→ 10,576 total
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F5]
    2026-03-12−3,433→ 6,973 total
    → Common Stock (3,433 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F5]
    2026-03-12−10,548→ 21,097 total
    → Common Stock (10,548 underlying)
  • Award

    Stock Options (Right to Purchase)

    [F6][F7]
    2026-03-12$7.80/sh+57,544$448,843→ 57,544 total
    Exercise: $7.80Exp: 2036-03-12→ Common Stock (57,544 underlying)
  • Award

    Restricted Stock Units

    [F4][F8]
    2026-03-12+28,846→ 28,846 total
    → Common Stock (28,846 underlying)
  • Award

    Restricted Stock Units

    [F4][F9]
    2026-03-13+14,176→ 14,176 total
    → Common Stock (14,176 underlying)
Footnotes (9)
  • [F1]Represents vested shares of restricted stock units granted on March 12, 2024. Restricted stock units convert to shares of common stock on a one-for-one basis.
  • [F2]Represents vested shares of restricted stock units granted on March 12, 2025. Restricted stock units convert to shares of common stock on a one-for-one basis.
  • [F3]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit awards granted on March 12, 2024 and March 12, 2025.
  • [F4]Each restricted stock unit ("RSU") represents the contingent right to receive, following vesting of the RSU, one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
  • [F5]The remaining unvested portion of this restricted stock unit award will vest in substantially equal portions on March 12, 2027, and March 12, 2028.
  • [F6]Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting conditions.
  • [F7]Reflects an award of non-qualified stock options pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest in approximately one-third increments at each of March 12, 2027, March 12, 2028 and March 12, 2029.
  • [F8]Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest in approximately one-third increments at each of March 12, 2027, March 12, 2028 and March 12, 2029.
  • [F9]Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest one year from the grant date of March 13, 2026.
Signature
/s/ Richard Medway, attorney in fact|2026-03-16

Documents

1 file
  • 4
    wk-form4_1773693909.xmlPrimary

    FORM 4