SCHEDULE 13G/A: D1 Capital Partners and Daniel Sundheim Divest Entire Stake in Warby Parker Class A Common Stock

Sentiment:

Beneficial Ownership Update 7 May 2025 1:00 PM

An amended Schedule 13G filing reveals that D1 Capital Partners L.P. and Daniel Sundheim no longer beneficially own shares of Warby Parker Inc.'s Class A Common Stock as of April 30, 2025.

Worse than expectedD1 Capital Partners L.P. and Daniel Sundheim, who previously held 0.2% and 0.3% respectively of Warby Parker's Class A Common Stock as of March 31, 2025, now report 0% beneficial ownership as of April 30, 2025. This indicates a complete divestment of their reported stake.

Summary

This document is an Amendment No. 6 to a Schedule 13G filing concerning the beneficial ownership of Warby Parker Inc. Class A Common Stock.
The reporting persons are D1 Capital Partners L.P., an investment manager, and Daniel Sundheim, who indirectly controls the Investment Manager.
As of April 30, 2025, both D1 Capital Partners L.P. and Daniel Sundheim report 0.00 shares beneficially owned, representing 0% of the outstanding Class A Common Stock.
Previously, as of March 31, 2025, D1 Capital Partners L.P. was deemed to beneficially own 257,306 shares, representing 0.2% of the outstanding Class A Common Stock.
As of March 31, 2025, Daniel Sundheim was deemed to beneficially own 284,506 shares, representing 0.3% of the outstanding Class A Common Stock, which included 27,200 shares underlying vested restricted stock units directly held by Mr. Sundheim.
The percentage of class is calculated based on an aggregate of 103,622,991 shares of Class A Common Stock outstanding as of February 25, 2025, as reported in Warby Parker Inc.'s Annual Report on Form 10-K filed on February 27, 2025.
The reporting persons certify that the securities were acquired and held in the ordinary course of business and not for the purpose of changing or influencing the control of Warby Parker Inc.

Sentiment

Score: 4

Explanation: The filing reports a complete divestment of shares by D1 Capital Partners L.P. and Daniel Sundheim, moving from a small beneficial ownership to zero. While the document is purely factual, a major investor's exit could be perceived as a slightly negative signal for the company.

Future Outlook

Industry Context

Stakeholder Impact

Shareholders: Existing shareholders might interpret the divestment by D1 Capital Partners and Daniel Sundheim as a lack of confidence, potentially influencing stock price.

Key Dates

Date	Description
2024-12-31	Fiscal year end for Warby Parker Inc., as reported in their Annual Report on Form 10-K.
2025-02-25	Date as of which 103,622,991 shares of Class A Common Stock were outstanding, used for percentage calculation.
2025-02-27	Date Warby Parker Inc. filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2024.
2025-03-31	Date of event requiring filing; D1 Capital Partners L.P. and Daniel Sundheim held 0.2% and 0.3% respectively of Class A Common Stock.
2025-04-30	Date as of which the cover page information reflects 0% beneficial ownership for both reporting persons.
2025-05-07	Filing date of this Schedule 13G Amendment No. 6.

Keywords

Warby Parker Inc., Class A Common Stock, Schedule 13G, D1 Capital Partners L.P., Daniel Sundheim, Beneficial Ownership, SEC Filing, Investment Management, Equity Holdings

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