Tanious Jubran N. 4
4 · Savers Value Village, Inc. · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Savers Value Village President Tanious Jubran Exercises Options, Receives RSUs
What Happened
Tanious Jubran, President and COO of Savers Value Village, exercised a total of 36,504 options on March 12, 2026 (8,375 + 28,129) by paying $8.03 per share (total exercise cost ≈ $293,127). He also had 7,244 shares surrendered to the company to satisfy tax withholding obligations (≈ $58,169). Separately, 153,452 restricted stock units (RSUs) vested/converted to common shares (valued at $7.80 each, ≈ $1,196,926). The filing also records additional RSU awards (76,923 and 16,418 RSUs) granted on March 12–13, 2026 that are subject to vesting schedules.
Key Details
- Transaction dates: reported period March 12, 2026; Form 4 filed March 16, 2026. No late-filing indicator shown in the summary.
- Options exercised: 36,504 shares at $8.03 each; total exercise cost ≈ $293,127. Two derivative entries reflect the options converted into shares. (Transaction code M = option exercise/conversion.)
- Tax withholding: 7,244 shares surrendered to cover tax liability (transaction code F). Amount ≈ $58,169.
- RSUs: 153,452 vested RSUs converted to shares (valued at $7.80 each ≈ $1.2M). Additional RSU awards of 76,923 and 16,418 are recorded as granted and remain subject to vesting schedules. (Transaction code A = award/grant.)
- Net newly added common shares from these events (exercises + vested RSUs − shares withheld) = 182,712 shares. The filing does not state total shares owned after the transactions.
- Footnotes: confirm the exercised instruments were options (each option = one share) and that RSUs convert one-for-one upon vesting; some awards vest in future installments (see filing footnotes for vesting schedules).
Context
These are a mix of option exercises and RSU activity. Exercising options converts derivatives into common stock; surrendering shares for tax withholding is a routine administrative step and not a market sale. The large RSU vesting is effectively compensation and increases beneficial ownership when converted; the additional RSU grants are future compensation subject to vesting. As always, these filings are factual records of transactions and do not by themselves indicate the insider’s view of the company’s prospects.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-12$8.03/sh+8,375$67,251→ 163,087.328 total - Exercise/Conversion
Common Stock
[F2]2026-03-12$8.03/sh+28,129$225,876→ 191,216.328 total - Tax Payment
Common Stock
[F3]2026-03-12$8.03/sh−7,244$58,169→ 183,972.328 total - Exercise/Conversion
Restricted Stock Units
[F4][F5]2026-03-12−8,375→ 17,005 total→ Common Stock (8,375 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F5]2026-03-12−28,129→ 56,259 total→ Common Stock (28,129 underlying) - Award
Stock Options (Right to Purchase)
[F6][F7]2026-03-12$7.80/sh+153,452$1,196,926→ 153,452 totalExercise: $7.80Exp: 2036-03-12→ Common Stock (153,452 underlying) - Award
Restricted Stock Units
[F4][F8]2026-03-12+76,923→ 76,923 total→ Common Stock (76,923 underlying) - Award
Restricted Stock Units
[F4][F9]2026-03-13+16,418→ 16,418 total→ Common Stock (16,418 underlying)
Footnotes (9)
- [F1]Represents vested shares of restricted stock units granted on March 12, 2024. Restricted stock units convert to shares of common stock on a one-for-one basis.
- [F2]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.
- [F3]Reflects units surrendered to the Issuer to satisfy tax withholding obligations upon the vesting of the restricted stock unit awards granted on March 12, 2024 and March 12, 2025.
- [F4]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.
- [F5]The remaining unvested portion of this restricted stock unit award will vest in substantially equal portions on March 12, 2027, and March 12, 2028.
- [F6]Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting conditions.
- [F7]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.
- [F8]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.
- [F9]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.