Form 4: Savers Value Village Director Granted Over 12,000 Restricted Stock Units

Savers Value Village, Inc. Director Duane C. Woods was granted 12,206 restricted stock units, which will vest on the earlier of the first anniversary of the grant or the next annual meeting of stockholders.

Summary

• Duane C. Woods, a Director of Savers Value Village, Inc. (SVV), was granted 12,206 Restricted Stock Units (RSUs) on June 4, 2025.
• Each RSU represents the contingent right to receive one share of the Registrant's common stock upon vesting.
• The RSUs are set to vest on the earlier of either the first anniversary of the grant date or the next annual meeting of stockholders.
• Mr. Woods has elected to defer the receipt of common stock shares upon vesting until his separation from service or a change of control, in accordance with his deferral election.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a director, coupled with a deferral election, indicates alignment of interests between management and shareholders, which is generally viewed positively as it ties compensation to long-term company performance.

Positives

• The grant of restricted stock units to a director aligns the interests of management with those of shareholders, as the value of the compensation is tied to the company's stock performance.
• The deferral election by the reporting person indicates a long-term commitment and belief in the company's future, as shares will be held until separation from service or a change of control.

Future Outlook

The granted Restricted Stock Units are scheduled to vest on the earlier of the first anniversary of the grant date or the next annual meeting of stockholders. The reporting person has elected to defer the actual receipt of shares until separation from service or a change of control.

Management Comments

• The reporting person has elected to defer receiving shares of common stock upon vesting of these RSUs until separation from service or change of control in accordance with the Reporting Person's deferral election.

Industry Context

The grant of restricted stock units is a common form of equity compensation for directors and executives in publicly traded companies across various industries. This practice aims to align the interests of company leadership with long-term shareholder value creation.

Comparison to Industry Standards

• Equity compensation, such as Restricted Stock Units (RSUs), is a standard practice for compensating directors in public companies, including retail and thrift sectors like Savers Value Village.
• The vesting schedule (earlier of one year or next annual meeting) is typical for director RSU grants, similar to practices seen in companies like Goodwill Industries International or The Salvation Army (though not publicly traded, they have similar governance structures for executive compensation), or publicly traded retail peers like TJX Companies or Ross Stores, where director compensation often includes equity components to foster long-term alignment.

Corporate Governance

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's financial interests with shareholder value creation, potentially leading to more focused long-term decision-making.
• Management/Directors: Provides equity-based compensation that vests over time, incentivizing continued service and performance.

Next Steps

• Vesting of the 12,206 Restricted Stock Units on the earlier of June 4, 2026, or the date of the next annual meeting of stockholders.
• Potential future receipt of common stock shares by Duane C. Woods upon his separation from service or a change of control, as per his deferral election.

Key Dates

Recommendation

Keywords

Savers Value Village, SVV, Restricted Stock Units, RSU, Director Compensation, Insider Transaction, Equity Grant, Form 4