Form 4: Rent the Runway SVP Sells Shares to Cover Tax Obligations

Becky Case, SVP of Engineering at Rent the Runway, Inc., sold 758 shares of Class A Common Stock at a weighted average price of $4.77 to cover tax liabilities from restricted stock unit vesting.

Summary

• Becky Case, SVP of Engineering at Rent the Runway, Inc. (RENT), reported the sale of 758 shares of Class A Common Stock.
• The transaction occurred on June 17, 2025.
• The shares were sold at a weighted average price of $4.77, with individual sales ranging from $4.30 to $5.12.
• The sale was conducted solely to cover tax obligations arising from the vesting of restricted stock units.
• This transaction was executed under a pre-arranged Rule 10b5-1 trading plan established on January 4, 2022.
• Following the sale, Ms. Case beneficially owns 23,149 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale of shares to cover tax obligations upon RSU vesting, which is a neutral event and does not indicate a change in management's outlook or confidence in the company.

Future Outlook

NA

Management Comments

• The sale of shares was solely for the purpose of covering tax obligations incurred upon the vesting of restricted stock units.
• The transaction was executed under a pre-established Rule 10b5-1 trading plan dated January 4, 2022.

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as it is a routine, tax-related sale of a small number of shares by an executive, not indicative of a change in company fundamentals or executive sentiment.

Key Dates

Keywords

Rent the Runway, RENT, SEC Form 4, Insider Trading, Stock Sale, Restricted Stock Units, Tax Obligation, Rule 10b5-1, Becky Case, SVP Engineering