Form 4: Wayfair Director Anke Schaferkordt Sells Shares to Cover Tax Obligations

Director Anke Schaferkordt sold 475 shares of Wayfair Inc. Class A Common Stock on February 4, 2025, to cover tax withholding obligations.

Summary

• On February 4, 2025, Anke Schaferkordt, a director of Wayfair Inc., sold 475 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $46.42 per share, with individual transactions ranging from $46.14 to $46.52.
• The sale was mandatory to cover tax withholding obligations related to the vesting of Restricted Stock Units, and does not represent a discretionary trade by the reporting person.
• Following the transaction, Schaferkordt directly owns 13,554 shares of Wayfair Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't indicate positive or negative sentiment.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and directors.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

Wayfair, Schaferkordt, Director, Class A Common Stock, Tax Withholding, Restricted Stock Units, Form 4, SEC