SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Reduce Stake in Warby Parker Below 5%

FMR LLC and Abigail P. Johnson have reduced their beneficial ownership in Warby Parker Inc. Class A Common Stock to 2.8% as of March 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson filed an Amendment No. 5 to Schedule 13G for Warby Parker Inc.
• As of March 31, 2025, they beneficially own an aggregate of 2,880,325.40 shares of Warby Parker Inc. Class A Common Stock.
• This ownership represents 2.8% of the total outstanding Class A Common Stock.
• FMR LLC holds sole voting power over 2,655,579.72 shares and sole dispositive power over 2,880,325.40 shares.
• Abigail P. Johnson holds sole dispositive power over 2,880,325.40 shares.
• The filing indicates that their beneficial ownership has fallen below the 5% threshold, triggering this amendment.

Sentiment

Score: 4

Explanation: Slightly negative, as the filing indicates a reduction in a significant institutional investor's stake below the 5% threshold, which could be interpreted as a lack of confidence or a strategic shift by the investor.

Negatives

• The reduction in beneficial ownership by a significant institutional investor like FMR LLC below the 5% threshold could be perceived negatively by the market, potentially signaling a decrease in confidence or a strategic reallocation of assets away from Warby Parker Inc.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders: The reduction in a significant institutional stake might lead to questions about investor confidence or potential selling pressure on Warby Parker Inc.'s stock.

Key Dates

Keywords

Warby Parker Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Stake Reduction, Institutional Investor, Class A Common Stock, SEC Filing