Form 4: Savers Value Village General Counsel, Richard Medway, Executes Stock Options and Sells Shares
SEC Form 4
Richard Medway, General Counsel of Savers Value Village, exercised stock options and sold 16,490 shares of common stock on May 8, 2025, according to a Form 4 filing with the SEC.
Summary
- On May 8, 2025, Richard Medway, General Counsel of Savers Value Village, Inc. (SVV), executed options to acquire 16,490 shares of common stock at a price of $1.41 per share.
- Simultaneously, Medway sold 16,490 shares at a weighted average price of $11.4885, with prices ranging from $11.48 to $11.52.
- Following these transactions, Medway directly owns 0 shares of common stock and 522,479 derivative securities.
- The sale was executed under a pre-arranged 10b5-1 trading plan adopted on September 13, 2024.
- The options were granted under the company's 2019 Management Incentive Plan and vested in annual installments starting March 28, 2020, fully vesting on March 28, 2024.
Sentiment
Score: 5
Explanation: This is a routine disclosure of insider trading activity. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders. This filing indicates the General Counsel's transactions in the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 2019 | Options previously granted under the Registrant's 2019 Management Incentive Plan. |
| 09/13/2024 | The sale was made pursuant to a 10b5-1 Plan adopted by the reporting person on September 13, 2024. |
| 03/28/2020 | The June 12, 2019, stock option grant vested in substantially equal annual installments over five years starting March 28, 2020, until fully vested on March 28, 2024. |
| 03/28/2024 | The June 12, 2019, stock option grant vested in substantially equal annual installments over five years starting March 28, 2020, until fully vested on March 28, 2024. |
| 05/08/2025 | Date of transaction: Richard Medway exercised options and sold shares. |
| 06/12/2029 | Expiration date of the options. |
Keywords
Savers Value Village, SVV, Richard Medway, Form 4, Stock Options, Share Sale, 10b5-1 Plan, General Counsel, Management Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.