Savers Value Village (SVV) CEO Mark T. Walsh Exercises Options, Sells Shares

What Happened

Mark T. Walsh, CEO and Director of Savers Value Village, exercised stock options and sold the resulting shares across August 5–7, 2026. He exercised a total of 207,941 shares (7,941 and four lots of 50,000) at exercise prices of $1.41 and $3.16 per share (total exercise cost ≈ $468,197) and sold all 207,941 shares in open-market transactions for aggregate proceeds of about $2,400,262. The transactions indicate immediate sales following exercise (i.e., exercised options then sold the shares).

Key Details

• Transaction dates: Aug 5–7, 2026; Form 4 filed Aug 7, 2026 (appears timely).
• Shares exercised/acquired: 207,941 (7,941 @ $1.41; two 50,000 lots @ $1.41; two 50,000 lots @ $3.16).
• Shares sold (open market): 207,941; aggregate proceeds ≈ $2,400,262.
• Approximate exercise/settlement cash paid: $468,197; net cash proceeds after exercise ≈ $1.93M.
• Sale prices executed across a range roughly $10.3850 to $12.67 (weighted-average prices reported per tranche; footnotes provide exact ranges and the filer offers breakdowns on request).
• One sale (per footnote) was made pursuant to a 10b5-1 trading plan adopted March 17, 2026.
• Option background: grants cited include 2019 and 2020 option awards; the 2019 grant vested by Oct 7, 2024 and the 2020 grant vested by Dec 9, 2025 (footnotes indicate vesting and that certain performance-only portions are reported separately).
• Shares owned after the transactions: not specified in the provided excerpt of the filing.

Context

• These were option exercises (transaction code M) followed by immediate open-market sales (transaction code S). This is commonly done to fund exercise costs and tax obligations (a cashless or immediate-sale pattern), but the filing itself does not state motive.
• Sales under a 10b5-1 plan (noted) are pre-scheduled and typically indicate the trades were executed under a pre-established plan rather than ad-hoc timing.
• All figures above are drawn from the Form 4 filing and its footnotes; the filer offers to provide per-price execution details to the SEC or shareholders upon request.