Maher Michael W 4
4 · Savers Value Village, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Savers Value Village (SVV) CFO Michael Maher Exercises Options, Receives Awards
What Happened
- Michael W. Maher, CFO & Treasurer of Savers Value Village, exercised/converted derivative awards and received new grants. On March 12, 2026 he acquired 18,752 shares via exercise/conversion (reported at $8.03 per share; $150,579). To cover tax withholding on vested units he surrendered 4,567 shares (value reported $36,673), leaving a net 14,185 shares added from those conversions. He was also granted derivative awards totaling 169,287 units (102,301 units reported at $7.80 with a stated value of $797,948; plus 51,282 and 15,704 units reported at $0.00).
Key Details
- Transaction dates: March 12, 2026 (primary exercises/conversions and grants); March 13, 2026 (additional grant of 15,704 units).
- Exercises/conversions: 18,752 shares @ $8.03 (acquired) = $150,579.
- Tax withholding: 4,567 shares surrendered @ $8.03 = $36,673 (disposition to satisfy taxes).
- Grants/awards: 102,301 units @ $7.80 (value ~$797,948) plus 51,282 and 15,704 units reported as derivative awards (total new derivative units = 169,287).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- Vested RSUs from March 12, 2025 converted one-for-one upon vesting; some units were surrendered to satisfy withholding (F1–F3).
- New non‑qualified stock options and RSUs awarded under the Omnibus Incentive Plan; most awards vest in roughly one‑third increments in 2027–2029 or one year from grant (F5–F8).
- Filing timeliness: Form 4 was filed March 16, 2026 (within the SEC’s two business‑day window for the March 12–13 transactions).
Context
- The filing combines immediate share acquisition (exercise/conversion and tax withholding) with longer‑term incentive grants. The 18,752-share conversion produced net newly issued shares after withholding; the larger 102,301‑unit award (valued at ~ $798K on the form) and other units are derivative awards subject to future vesting schedules and are not immediately free‑trading shares.
- For retail investors: exercises and conversions increase insider share ownership (a potentially positive signal), while the bulk of newly reported units are time‑vested awards meant to incentivize future performance — they do not imply immediate liquidity or sale.
Insider Transaction Report
Form 4
Maher Michael W
CFO & Treasurer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-12$8.03/sh+18,752$150,579→ 24,241 total - Tax Payment
Common Stock
[F2]2026-03-12$8.03/sh−4,567$36,673→ 19,674 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-03-12−18,752→ 37,506 total→ Common Stock (18,752 underlying) - Award
Stock Options (Right to Purchase)
[F5][F6]2026-03-12$7.80/sh+102,301$797,948→ 102,301 totalExercise: $7.80Exp: 2036-03-12→ Common Stock (102,301 underlying) - Award
Restricted Stock Units
[F3][F7]2026-03-12+51,282→ 51,282 total→ Common Stock (51,282 underlying) - Award
Restricted Stock Units
[F3][F8]2026-03-13+15,704→ 15,704 total→ Common Stock (15,704 underlying)
Footnotes (8)
- [F1]Represents vested shares of restricted stock units granted on March 12, 2025. Restricted stock units convert to shares of common stock on a one-for-one basis.
- [F2]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit award granted on March 12, 2025.
- [F3]Each restricted stock unit ("RSU") represents the contingent right to receive, following vesting of the RSU, one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
- [F4]The remaining unvested portion of this restricted stock unit award will vest in substantially equal portions on March 12, 2027, and March 12, 2028.
- [F5]Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting conditions.
- [F6]Reflects an award of non-qualified stock options pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest in approximately one-third increments at each of March 12, 2027, March 12, 2028 and March 12, 2029.
- [F7]Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest in approximately one-third increments at each of March 12, 2027, March 12, 2028 and March 12, 2029.
- [F8]Reflects an award of restricted stock units pursuant to the Savers Value Village Omnibus Incentive Compensation Plan that are scheduled to vest one year from the grant date of March 13, 2026.
Signature
/s/ Richard Medway, attorney in fact|2026-03-16