Form 4: Warby Parker Director's Stock Transactions Reported

Warby Parker Director Joel E. Cutler reported gifting and selling Class A Common Stock, including a sale of 19,932 shares at an average price of $26.0123.

Summary

• Joel E. Cutler, a Director of Warby Parker Inc. (WRBY), reported multiple transactions involving Class A Common Stock on December 16, 2025.
• Cutler gifted 20,000 shares of Class A Common Stock from the Joel E Cutler Revocable Trust, resulting in 116,953 shares beneficially owned indirectly by the trust.
• Cutler acquired 20,000 shares of Class A Common Stock by gift into the Randi & Joel Cutler Family Foundation, resulting in 39,932 shares beneficially owned indirectly by the foundation.
• The Randi & Joel Cutler Family Foundation sold 19,932 shares of Class A Common Stock at a weighted average price of $26.0123 per share, leaving 20,000 shares beneficially owned indirectly by the foundation.
• The sale price for the 19,932 shares ranged from $25.79 to $26.25 per share.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of insider stock transactions, including both gifts and a sale, without additional commentary on company performance or outlook. The transactions appear to be for personal or philanthropic planning rather than a strong signal about the company's future.

Negatives

• An affiliated foundation of Director Joel E. Cutler sold 19,932 shares of Class A Common Stock at a weighted average price of $26.0123.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Joel E. Cutler, a Director, gifted 20,000 shares from his revocable trust.
• Joel E. Cutler acquired 20,000 shares by gift into the Randi & Joel Cutler Family Foundation.
• The Randi & Joel Cutler Family Foundation, associated with Director Joel E. Cutler, sold 19,932 shares of Class A Common Stock.

Stakeholder Impact

• Shareholders: Awareness of a director's stock transactions, including a sale of shares by an affiliated foundation.

Key Dates

Recommendation

The filing is a standard insider transaction report detailing a director's gifting and sale of shares. While a sale by an insider can sometimes be a negative signal, the context of simultaneous gifting to a family foundation suggests potential estate planning or philanthropic motives rather than a direct negative outlook on the company. Without further information on the company's fundamentals or broader market conditions, this routine disclosure does not provide sufficient grounds for a change in investment recommendation.

Keywords

Warby Parker, WRBY, insider transaction, Form 4, director stock sale, stock gift, beneficial ownership