Gulliver Kate 4

What Happened
Kate Gulliver, Wayfair's Chief Financial Officer and Chief Administrative Officer, was granted 17,848 restricted stock units (RSUs) on March 18, 2026. The grant is reported as an award/derivative (transaction code A) at $0.00 per unit — RSUs require no cash purchase and have no immediate sale proceeds. The filing shows acquisition of the derivative rights (17,848 RSUs); no shares were sold or purchased on the open market in this filing.

Key Details

• Transaction date: 2026-03-18; Form 4 filed: 2026-03-20 (timely filing).
• Instrument: 17,848 RSUs (reported as derivative acquisition), reported price $0.00 (no cash paid).
• Shares owned after transaction: not specified in this Form 4 filing.
• Transaction code: A = Award/Grant.
• Relevant footnotes:
  • F1: Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.
  • F2: RSUs vest upon satisfaction of a service condition, which will be fully satisfied on April 1, 2026; the RSUs have no expiration date.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise is indicated.

Context
RSU grants are common executive compensation and are neither an immediate purchase nor sale of shares; they convert into actual shares only after vesting conditions are met. Because this is an award rather than a buy or sell, it shouldn’t be read as a direct bullish or bearish trading signal by itself—it's a compensation event tied to continued service.