Raider Jeffrey Jacob 4
Research Summary
AI-generated summary
Warby Parker (WRBY) Director Jeffrey Raider Sells 22,500 Shares
What Happened Jeffrey Raider (reported in the filing as Raider Jeffrey Jacob), a director of Warby Parker (WRBY), sold 22,500 shares in an open-market transaction on July 1, 2026. The shares were sold for an average execution price of $29.72, resulting in proceeds of approximately $668,700. This was a sale (routine disposition) rather than a purchase or option exercise.
Key Details
- Transaction date: 2026-07-01; filing date: 2026-07-02 (timely).
- Transaction type/code: Sale (S) — open market or private sale.
- Shares sold: 22,500; average price reported: $29.72; total proceeds ≈ $668,700.
- Reported price range: $29.5849 to $30.00 across multiple executions; the $29.72 is a rounded average.
- Shares owned after transaction: Not reported in the Form 4 filing.
- Footnotes of note:
- Sale executed pursuant to a Rule 10b5-1 trading plan adopted March 17, 2026.
- Reporting person will provide per-price breakdown on request.
- The reporting person disclaims pecuniary interest in the shares sold (per the filing).
Context Sales under a Rule 10b5-1 plan are prearranged trading programs that schedule dispositions in advance and are common for insiders managing holdings or liquidity; they do not, by themselves, indicate the insider’s current view of the company. The filing appears timely (filed the next day) and provides an average price with a disclosed execution range.