Fiona Tan - Jan 3, 2025 Form 4 Insider Report for Wayfair Inc. (W)

Signature
/s/Enrique Colbert, Attorney-In-Fact for Fiona Tan
Stock symbol
W
Transactions as of
Jan 3, 2025
Transactions value $
-$728,040
Form type
4
Date filed
1/7/2025, 08:30 PM
Previous filing
Jan 3, 2025
Next filing
Mar 6, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction W Class A Common Stock Sale -$348K -7.76K -7.41% $44.85 97K Jan 3, 2025 Direct F1, F2
transaction W Class A Common Stock Sale -$22.3K -488 -0.5% $45.79 96.6K Jan 3, 2025 Direct F1, F3
transaction W Class A Common Stock Sale -$196K -4.19K -4.34% $46.81 92.4K Jan 6, 2025 Direct F1, F4
transaction W Class A Common Stock Sale -$161K -3.39K -3.67% $47.62 89K Jan 6, 2025 Direct F1, F5
holding W Class A Common Stock 77.2K Jan 3, 2025 By Revocable Trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents the number of shares sold by Wayfair Inc. on behalf of the reporting person, which sale is mandatory pursuant to Wayfair Inc.'s policies to cover necessary tax withholding obligations in connection with the vesting of Restricted Stock Units on January 1, 2025. Such sales do not represent a discretionary trade by the reporting person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $44.49 to $45.45, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., 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 ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.52 to $46.02, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., 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 ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.28 to $47.25, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., 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 ranges set forth in this footnote.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $47.31 to $48.11, inclusive. The reporting person undertakes to provide to Wayfair Inc., any security holder of Wayfair Inc., 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 ranges set forth in this footnote.
F6 The reporting person is the trustee of the revocable trust, and members of the reporting person's immediate family are the sole beneficiaries of the revocable trust.