W (NYSE: W) — Form 144: Niraj S. Shah and foundation sell Class A shares

Rhea-AI Filing Summary

W filed Form 144 notifying proposed sales of Class A shares by affiliated holders under Rule 144. The notice lists multiple transactions across March–May 2026, including large dispositions by Niraj S. Shah and the Shah Charitable Foundation. Examples shown include Niraj S. Shah selling 113,863 shares on 04/23/2026 for $8,823,241.15 and Shah Charitable Foundation selling 5,000 shares on 03/10/2026 for $375,600.00.

Key Figures

Form type: Form 144 Largest listed sale: 113,863 shares Proceeds from largest listed sale: $8,823,241.15 +2 more

5 metrics

Form type Form 144 Notice of proposed sale under Rule 144

Largest listed sale 113,863 shares Niraj S. Shah on 04/23/2026

Proceeds from largest listed sale $8,823,241.15 Proceeds reported for 113,863 shares on 04/23/2026

Representative foundation sale 5,000 shares Shah Charitable Foundation on 03/10/2026

Proceeds from foundation sale $375,600.00 Proceeds reported for 5,000 shares on 03/10/2026

Key Terms

Form 144, Class A, Founders Shares

3 terms

Form 144 regulatory

"Filed notice of proposed sale under Rule 144 (Form 144)"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Class A financial

"Multiple entries list transactions in Class A shares"

Class A denotes a specific group of a company’s shares that carry a particular set of rights—most commonly different voting power or dividend priority compared with other share classes. Think of it like different seats on a bus where some seats let you steer and others only ride: knowing whether a share is Class A tells investors how much influence they have over company decisions and how returns might be distributed, which affects control and value.

Founders Shares financial

"Line item shows 'Founders Shares' as a security class"

Founders shares are a special block of a company’s stock originally given to the people who started the business; they often carry extra voting power or favorable terms compared with regular shares. For investors, these shares matter because they concentrate control and influence how future funding, ownership dilution, and decision-making will play out—think of founders shares as the steering wheel that can steer a company’s direction even as more passengers (investors) climb aboard.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	4000	278080.00	111018505	06/10/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	01/01/2002	Founders Shares	Issuer			4000	01/01/2002	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	03/10/2026	5000	375600.00
Niraj S. Shah 4 Copley Place Boston MA 02116	Class A	03/23/2026	107818	8323118.54
Niraj S. Shah 4 Copley Place Boston MA 02116	Class A	03/24/2026	1571	121247.24
Niraj S. Shah 4 Copley Place Boston MA 02116	Class A	03/25/2026	10611	834958.95
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	04/10/2026	4000	295040.00
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	04/14/2026	1000	75000.00
Niraj S. Shah 4 Copley Place Boston MA 02116	Class A	04/23/2026	113863	8823241.15
Niraj S. Shah 4 Copley Place Boston MA 02116	Class A	04/24/2026	6137	482489.64
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	05/11/2026	4000	263840.00
Shah Charitable Foundation 4 Copley Place Boston MA 02116	Class A	05/27/2026	1000	75000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does W's Form 144 disclose?

The filing notifies proposed sales of Class A shares by affiliated holders. It lists multiple transactions dated March–May 2026, with per‑transaction share counts and gross proceeds shown for each sale.

How many shares did Niraj S. Shah offer on April 23, 2026 for W?

The filing shows Niraj S. Shah sold 113,863 shares on 04/23/2026 for $8,823,241.15. This entry is reported as one of the larger dispositions in the excerpt.

What sales did the Shah Charitable Foundation report in the filing?

The Shah Charitable Foundation reported several Class A share sales, including 5,000 shares on 03/10/2026 for $375,600.00 and other smaller lots across April and May 2026 with per‑sale proceeds listed.

Are the proceeds from the sales identified in W's Form 144?

Yes. Each transaction row in the excerpt includes a gross proceeds figure, for example $8,823,241.15 for 113,863 shares on 04/23/2026 and $375,600.00 for 5,000 shares on 03/10/2026.

Does Form 144 confirm completion of these sales for W?

Form 144 is a notice of proposed sale under Rule 144. The excerpt lists sale dates and amounts but does not itself confirm final settlement or timing beyond the reported transaction dates in March–May 2026.