Warby Parker (WRBY) CEO Dave Gilboa Receives 100,579 Shares (RSU Vest)

What Happened

• Dave Gilboa (filed as Gilboa David Abraham), CEO of Warby Parker (WRBY), had a scheduled RSU vesting event on Sept 2, 2026. A total of 100,579 RSUs converted into stock. The company withheld 35,141 shares to cover required tax withholding at $24.19/share (total withheld ≈ $850,061), resulting in a net issuance of 65,438 shares to Gilboa.
• Transactions reported include multiple exercise/conversion entries (transaction code M) and tax-withholding disposals (code F). No open‑market purchases or sales for cash beyond the issuer withholding shares for taxes were reported.

Key Details

• Transaction date: 2026-09-02; Form 4 filed: 2026-09-04 (not indicated as late).
• Shares vested/converted: 100,579 RSUs total.
• Shares withheld for taxes: 35,141 at $24.19/share = $850,061 (approx).
• Net shares received by insider: 65,438 shares.
• Footnotes: RSUs represent contingent rights to Class B common stock (which converts 1:1 to Class A). The filing notes this event relates to RSU vesting and that shares were withheld by the issuer to satisfy tax withholding obligations.
• Shares owned after the transaction: not stated in the provided excerpt.

Context

• This was a routine RSU vesting event (award conversion), not an open‑market buy or sell. The withholding of shares to satisfy tax obligations (code F) is common and does not necessarily indicate a change in the insider’s market view.
• For derivative/RSU transactions: the filing shows conversion/exercise entries (M) and withholding for taxes (F). Purchases (P) or open‑market sales (S) were not reported.