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Savers Value Village, Inc.·4

Mar 16, 4:45 PM ET

Hunsinger T. Charles 4

Research Summary

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Updated

Savers Value Village (SVV) CIO Hunsinger Exercises Options, Receives RSUs

What Happened

  • Charles Hunsinger, Chief Information Officer of Savers Value Village (SVV), exercised stock option/derivative awards and received new equity awards around March 12–13, 2026. He exercised options converting into 18,420 shares (6,700 + 11,720) at an exercise price of $8.03, representing cash paid of about $147,913. To cover tax withholding upon vesting, 5,131 shares were surrendered (reported as disposed) valued at about $41,202. Separately he was granted/awarded a package of derivative awards including 63,938 RSUs reported at $7.80 per share (value reported $498,716) and additional RSU/derivative units (32,051 and 12,363 units reported at $0.00).

Key Details

  • Transaction dates: primarily March 12, 2026 (exercise, withholding, awards) and one grant on March 13, 2026.
  • Exercise details: 6,700 shares @ $8.03 = $53,801; 11,720 shares @ $8.03 = $94,112 (total cash exercise ≈ $147,913).
  • Tax withholding: 5,131 shares surrendered @ $8.03 = $41,202 (reported as code F — tax withholding).
  • Grants/awards: 63,938 RSUs valued at $7.80/share = $498,716 (plus additional RSU/derivative units: 32,051 and 12,363 reported at $0.00 in the filing).
  • Transaction codes explained: M = option exercise/derivative conversion, A = award/grant, F = tax withholding/share surrender.
  • Footnote highlights: RSUs convert one-for-one into common shares (F1–F4); some awards vest in future installments (F5, F7–F9). The 63,938-unit grant is part of an award valued in the filing at ~$498.7k.
  • Filing timeliness: Form 4 filed March 16, 2026 reporting transactions of March 12–13, 2026 — filing appears within the normal two-business-day window.

Context

  • The filing shows an option exercise combined with RSU/option grants and a routine sell-to-cover (share surrender) to meet tax withholding — common for executives when awards vest. The exercise converted derivative instruments into shares (some derivative entries at $0.00 reflect conversion of the derivative instrument). No indication in the supplied filing excerpt that this was a 10% owner transaction, a gift, or part of a 10b5-1 plan.