Siddharth Thacker - 18 Dec 2023 Form 4 Insider Report for Rent the Runway, Inc. (RENT)

Reporting relationship: Chief Financial Officer
Issuer ticker: RENT
Reported as of: 18 Dec 2023
Net transaction value: -$11,942
SEC form: 4
Accepted by SEC: 19 Dec 2023, 18:20:18 UTC
Prior SEC filing: 06 Nov 2023
Next SEC filing: 07 Feb 2024
Source filing: View source filing
Reporting owner signature: /s/ Cara Schembri as Attorney in-fact for Siddharth Thacker

Key filing fact

Siddharth Thacker filed Form 4 for Rent the Runway, Inc. (RENT) on 19 Dec 2023.

Key facts

This page summarizes Siddharth Thacker's Form 4 filing for Rent the Runway, Inc. (RENT).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 19 Dec 2023, 18:20.

Change

Previous filing in this sequence was filed on 06 Nov 2023.
Current net transaction value: -$11,942.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RENT transaction

Class A Common Stock

Sale

Transaction value: $11,942
Shares: -15,033
Change %: -2.2%
Price: $0.7944
Shares after: 678,709
Date: 18 Dec 2023
Ownership: Direct
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 3 footnotes

Footnote F1

Shares were sold solely to cover taxes upon the vesting of restricted stock units pursuant to a standing Rule 10b5-1 instruction dated June 9, 2023.

Footnote F2

Represents the Reporting Person's pro rata portion of the total shares sold on the transaction date to cover taxes upon vesting of restricted stock units for certain employees of the Issuer.

Footnote F3

The price reported in Column 4 is a weighted average price of all shares sold on the transaction date by the Issuer's broker to cover taxes upon the vesting of restricted stock units for certain employees of the Issuer. These shares were sold in multiple transactions at prices ranging from $0.7273 to $0.8379, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.