Form 4: Rent the Runway Director Sells Shares
Insider Transaction (Form 4)
Dhiren R. Fonseca, a Director of Rent the Runway, Inc., sold 34,516 shares of common stock on July 23, 2026 for $2.99 per share.
Summary
- Conversion of derivative: acquired 134,648 Class A Common Stock on July 23, 2026; holds 134,648 after (Direct).
- Open-market sale: disposed of 34,516 Class A Common Stock at $2.99 ($103,220) on July 24, 2026; holds 100,132 after (Direct).
- Conversion of derivative: acquired 134,648 Restricted Stock Units on July 23, 2026; holds 134,648 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $103,220 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Dhiren R. Fonseca — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-07-23 | Conversion of derivative | Class A Common Stock | 134,648 | — | — | 134,648 |
| 2026-07-24 | Open-market sale | Class A Common Stock | 34,516 | $3 | $103.2K | 100,132 |
| 2026-07-23 | Conversion of derivative | Restricted Stock Units | 134,648 | — | — | 134,648 |
Key Dates
| Date | Description |
|---|---|
| 2026-07-23 | Conversion of derivative (134,648 shares) |
| 2026-07-24 | Open-market sale (34,516 shares) |
| 2026-07-23 | Conversion of derivative (134,648 shares) |
Keywords
insider transaction, Form 4, RENT, Rent the Runway, Inc., bearish, Dhiren R. Fonseca
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