Form 4: Warby Parker Director Sells 25,000 Shares

Warby Parker Inc. Director Jeffrey Jacob Raider sold 25,000 shares of Class A Common Stock for an average price of $27.42 per share on December 12, 2025, under a Rule 10b5-1 plan.

Summary

• Jeffrey Jacob Raider, a Director of Warby Parker Inc. (WRBY), reported a sale of 25,000 shares of Class A Common Stock.
• The transaction occurred on December 12, 2025, at an average price of $27.42 per share.
• The shares were sold in multiple transactions at prices ranging from $27.35 to $27.51 inclusive.
• The sale was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.
• Following the transaction, Mr. Raider directly beneficially owns 483,485 shares of Class A Common Stock.
• Mr. Raider also indirectly beneficially owns 2,170,571 shares through AMH WP Holdings LLC, disclaiming pecuniary interest in these shares.

Sentiment

Score: 5

Explanation: A director selling shares is generally viewed neutrally to slightly negative, but the execution under a pre-arranged 10b5-1 plan mitigates concerns that it's based on new, negative insider information. It's a planned liquidity event.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may note a director's sale of shares, which could be interpreted in various ways depending on individual investment strategies and market sentiment. The 10b5-1 plan suggests a pre-planned liquidity event rather than a reaction to new information.

Key Dates

Recommendation

The filing reports a pre-scheduled sale of shares by a director under a 10b5-1 plan. While insider sales can sometimes signal a lack of confidence, a 10b5-1 plan indicates the decision was made in advance, not necessarily based on recent negative developments. Without additional information on the company's fundamentals or other market factors, this single transaction does not warrant a change from a 'hold' position.

Keywords

Warby Parker, WRBY, SEC Form 4, Insider Trading, Stock Sale, Director, Jeffrey Jacob Raider, 10b5-1 Plan