Savers Value Village (SVV) Director William T. Allen Exercises Options, Sells Shares

What Happened

• Director William T. Allen exercised stock options and immediately sold the resulting 26,151 shares. The open‑market sale of 26,151 shares occurred at a weighted average price of $9.22, generating proceeds of approximately $241,170.
• The exercised options had strike prices of $1.41 (18,016 shares total: 12,402 + 6,614) and $3.16 (7,135 shares), for an aggregate exercise cost shown of $49,360. The exercised shares equal the shares sold, indicating a cashless exercise / immediate disposition.

Key Details

• Transaction date: September 16, 2026; Form 4 filed September 18, 2026 (appears timely).
• Sale price: weighted average $9.22 per share (range $9.195–$9.285; reporting person can provide per-price detail per footnote).
• Shares exercised/received: 26,151 (12,402 @ $1.41; 6,614 @ $1.41; 7,135 @ $3.16).
• Aggregate exercise cost reported: $49,360; aggregate sale proceeds reported: $241,170.
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Footnotes: options came from grants under the 2019 Management Incentive Plan and a 2020 grant; footnotes describe vesting schedules and note that certain time- or performance-based portions are reported separately.

Context

• This is a routine director option exercise and immediate sale (cashless exercise), which is commonly used to realize gains from vested options and to cover exercise costs/taxes. Such transactions are administrative and do not, by themselves, indicate the director’s broader view of the company.