Form 4: Savers Value Village CFO Michael Maher Reports Routine Stock Transactions and New RSU Grant

Savers Value Village CFO and Treasurer Michael W. Maher reported the vesting of restricted stock units, the sale of shares to cover tax obligations, and the grant of new restricted stock units on June 5, 2025.

Summary

• Michael W. Maher, CFO & Treasurer of Savers Value Village, Inc. (SVV), reported transactions on June 5, 2025.
• He acquired 7,256 shares of common stock upon the vesting of previously granted restricted stock units (RSUs) at a deemed price of $10.65 per share.
• Concurrently, he disposed of 1,767 shares of common stock at $10.65 per share to satisfy tax withholding obligations related to the RSU vesting.
• Following these transactions, Mr. Maher beneficially owns 5,489 shares of common stock directly.
• Additionally, Mr. Maher was granted 7,256 new restricted stock units under the Savers Value Village Omnibus Incentive Compensation Plan.
• These new RSUs are scheduled to vest in approximately one-third increments on June 5, 2025, June 5, 2026, and June 5, 2027.
• After this new grant, Mr. Maher beneficially owns a total of 14,514 restricted stock units.

Sentiment

Score: 7

Explanation: The filing indicates routine executive compensation activities, including the vesting of existing equity and the grant of new equity, which is generally positive as it aligns management's interests with shareholders. The disposition for tax purposes is a standard, neutral event.

Positives

• Vesting of 7,256 restricted stock units indicates successful achievement of prior compensation milestones.
• Grant of 7,256 new restricted stock units demonstrates ongoing executive compensation and alignment with long-term company performance.

Negatives

• Disposition of 1,767 shares to cover tax withholding obligations reduces direct share ownership, though this is a standard practice for RSU vesting.

Future Outlook

The newly granted restricted stock units are scheduled to vest in approximately one-third increments on June 5, 2025, June 5, 2026, and June 5, 2027, indicating future share acquisitions for the CFO contingent on continued employment and performance.

Industry Context

This Form 4 filing is a routine disclosure of executive compensation activities, specifically the vesting and grant of equity awards. Such transactions are common across all industries as part of long-term incentive plans designed to align executive interests with shareholder value.

Comparison to Industry Standards

• The structure of restricted stock unit vesting and tax withholding is a standard practice for executive compensation across publicly traded companies.
• The grant of new RSUs with multi-year vesting schedules is typical for retaining key executives and incentivizing long-term performance, consistent with compensation practices observed in retail and consumer services sectors.

Stakeholder Impact

• Shareholders: The vesting and new grant of RSUs align the CFO's interests with shareholder value, potentially indicating management's confidence in future performance. The disposition for tax purposes is a minor, routine event.
• Employees: The compensation structure for the CFO may reflect broader company compensation policies, potentially influencing employee morale and retention.

Next Steps

• Future vesting of newly granted restricted stock units on June 5, 2026, and June 5, 2027.

Key Dates

Recommendation

Keywords

Savers Value Village, SVV, Michael W. Maher, CFO, Treasurer, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Vesting, Executive Compensation, Share Ownership, Tax Withholding