WILLIAMS SONOMA INC·4

Mar 24, 6:38 PM ET

King David Randolph 4

4 · WILLIAMS SONOMA INC · Filed Mar 24, 2026

Research Summary

AI-generated summary of this filing

Updated

Williams‑Sonoma (WSM) EVP David Randolph Exercises RSUs, Sells Shares

What Happened

  • David Randolph, EVP & General Counsel of Williams‑Sonoma (WSM), had restricted stock units (RSUs) vest and converted into shares between March 20–22, 2026. A total of 32,616 shares were acquired from the vesting/conversion (exercise price reported $0.00, consistent with RSUs).
  • To cover tax withholding obligations, 15,756 of those shares were withheld/disposed (noted as F transactions) at a per‑share value of $178.42, representing approximately $2,811,185 in tax withholding value. After withholding, the net shares delivered to Randolph were about 16,860.

Key Details

  • Transaction dates: grants/vesting and conversions on March 20–22, 2026; tax‑withholding dispositions reported March 21–22, 2026. Filing date: March 24, 2026 (appears timely).
  • Shares acquired via vesting/conversion: 23,376 + 4,264 + 3,778 + 1,198 = 32,616 shares (exercise/conversion code M; grant code A for the March 20 grant).
  • Shares withheld to cover taxes (code F): 11,053; 2,170; 1,923; 610 = total 15,756 shares at $178.42 each = $2,811,185.
  • Exercise price: $0.00 (indicates these were RSUs, not stock options).
  • Shares owned after the transaction: not disclosed in the provided filing details.
  • Notable footnotes: F1 indicates shares were withheld to satisfy tax withholding; F3–F8 describe RSU mechanics (one RSU = one share, vesting schedules, cancellation upon vesting).

Context

  • These transactions reflect routine RSU vesting and employer tax withholding rather than an open‑market sale for personal cash proceeds. Code M = conversion/exercise of a derivative (here, RSUs); code F = shares withheld for taxes.
  • Tax‑withholdings (F) are standard and do not necessarily indicate management sentiment; purchases are typically more informative than routine withholding sales.

Insider Transaction Report

Form 4
Period: 2026-03-20
King David Randolph
EVP GENERAL COUNSEL
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-21+23,376121,936 total
  • Tax Payment

    Common Stock

    [F1]
    2026-03-21$178.42/sh11,053$1,972,076110,883 total
  • Exercise/Conversion

    Common Stock

    2026-03-21+4,264115,147 total
  • Tax Payment

    Common Stock

    [F1]
    2026-03-21$178.42/sh2,170$387,171112,977 total
  • Exercise/Conversion

    Common Stock

    2026-03-21+3,778116,755 total
  • Tax Payment

    Common Stock

    [F1]
    2026-03-21$178.42/sh1,923$343,102114,832 total
  • Exercise/Conversion

    Common Stock

    2026-03-22+1,198116,030 total
  • Tax Payment

    Common Stock

    [F1]
    2026-03-22$178.42/sh610$108,836115,420 total
  • Award

    Restricted Stock Units

    [F3][F4][F5]
    2026-03-20+23,37623,376 total
    Common Stock (23,376 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4][F5]
    2026-03-2123,3760 total
    Common Stock (23,376 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F6][F5]
    2026-03-214,2640 total
    Common Stock (4,264 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F7][F5]
    2026-03-213,7783,780 total
    Common Stock (3,778 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F8][F5]
    2026-03-221,1982,396 total
    Common Stock (1,198 underlying)
Holdings
  • Common Stock

    [F2]
    (indirect: By Managed Account)
    476
Footnotes (8)
  • [F1]Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
  • [F2]Represents the number of shares held by the reporting person in the Williams-Sonoma, Inc. Stock Fund under the Williams-Sonoma, Inc. 401(k) Plan, based on a statement dated March 22, 2026.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of WSM common stock.
  • [F4]Represents restricted stock units granted on March 21, 2023, which reflect the satisfaction of performance metrics. The restricted stock units were also subject to a continued service condition, which was satisfied on March 21, 2026.
  • [F5]The restricted stock units are cancelled upon vesting and delivery of shares of WSM common stock.
  • [F6]The restricted stock units vest in four equal installments on each anniversary of the grant date in 2023, 2024, 2025 and 2026.
  • [F7]The restricted stock units vest in four equal installments on each anniversary of the grant date in 2024, 2025, 2026 and 2027.
  • [F8]The restricted stock units vest in four equal installments on each anniversary of the grant date in 2025, 2026, 2027 and 2028.
Signature
/s/ David R. King|2026-03-24

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT