Form 4: Stitch Fix Director Acquires 40,045 Shares via RSU Grant

Stitch Fix Director Elizabeth Goodman Williams acquired 40,045 shares of Class A Common Stock through a restricted stock unit grant.

Summary

• Elizabeth Goodman Williams, a Director at Stitch Fix, Inc. (SFIX), acquired 40,045 shares of Class A Common Stock.
• The transaction occurred on December 11, 2025, and represents a grant of restricted stock units (RSUs) with a price of $0 per share.
• Following this acquisition, Ms. Williams beneficially owns 155,419 shares of Class A Common Stock directly.
• The RSUs are scheduled to vest on the earlier of the first anniversary of the grant date or the next Annual Meeting of Stockholders, provided Ms. Williams maintains continuous service.
• Vesting of these restricted stock units is subject to acceleration upon a Change in Control.
• The transaction was executed pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, even through an RSU grant, generally signals continued alignment of management interests with shareholders. The use of a Rule 10b5-1 plan also indicates good corporate governance practices, contributing to a slightly positive sentiment.

Positives

• The acquisition of 40,045 shares by a director, even as an RSU grant, increases their direct stake in the company, aligning their interests with shareholders.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, which demonstrates a pre-planned approach to equity transactions and good corporate governance.

Future Outlook

The acquired restricted stock units are expected to vest on the earlier of the first anniversary of the grant date or the next Annual Meeting of Stockholders, contingent on the reporting person's continuous service. Vesting will accelerate upon a Change in Control.

Industry Context

Insider transactions, particularly RSU grants to directors, are a common form of executive and board compensation across industries. These grants are designed to align the interests of company leadership with long-term shareholder value.

Corporate Governance

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with shareholder value due to increased equity ownership.
• Employees: No direct impact mentioned.

Next Steps

• The restricted stock units will vest on the earlier of the first anniversary of the grant date or the next Annual Meeting of Stockholders, subject to continuous service.

Key Dates

Keywords

Stitch Fix, SFIX, Insider Transaction, Form 4, Director Stock Acquisition, Restricted Stock Units, RSU Grant, Corporate Governance, Rule 10b5-1