Andrea Jung shifts Wayfair (NYSE: W) shares to trust and gains RSUs
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Wayfair Inc. director Andrea Jung reported a mix of equity grants and ownership reclassification in Wayfair Class A Common Stock. On August 14, 2025, she received a grant of 3,177 restricted stock units (RSUs), bringing her direct holdings to 4,732 shares of Class A stock.
A prior transaction dated June 27, 2025, now amended, shows 15,703 shares of Class A Common Stock being transferred from her individual account to a revocable trust. A footnote clarifies that Jung is the sole trustee and beneficiary of the trust, so this shift largely changes the form of ownership rather than her economic interest. After these transactions, she holds shares both directly and indirectly through the revocable trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
31,406 shares gifted
Mixed
3 txns
Insider
JUNG ANDREA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,177 | $0.00 | -- |
| Gift | Class A Common Stock | 15,703 | $0.00 | -- |
| Gift | Class A Common Stock | 15,703 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 4,732 shares (Direct);
Class A Common Stock — 15,703 shares (Indirect, By Revocable Trust)
Footnotes (1)
- The previous Form 4 filed in respect of the listed transaction is being amended to indicate that 15,703 shares were transferred from the reporting person in her individual capacity to a revocable trust. The reporting person is the sole trustee and beneficiary of that revocable trust. These shares of Class A Common Stock are issuable upon vesting of restricted stock units ("RSUs"). These RSUs vest upon the satisfaction of a service condition. The service condition is satisfied as to 1/4th of the shares on November 1, 2025 and as to an additional 1/4th of the shares for each three-month period of continuous service thereafter. The amount of securities beneficially owned by the reporting person in her individual capacity has been amended to reflect the beneficial ownership following the transfer to the revocable trust.
Key Figures
RSU grant: 3,177 RSUs
Shares transferred to trust: 15,703 shares
Direct holdings after RSU grant: 4,732 shares
+2 more
5 metrics
RSU grant
3,177 RSUs
Granted on August 14, 2025 to Andrea Jung
Shares transferred to trust
15,703 shares
Class A Common Stock moved from individual to revocable trust
Direct holdings after RSU grant
4,732 shares
Class A Common Stock held directly following August 14, 2025 award
Gift transactions count
2 gifts
Bona fide gift code G transactions on June 27, 2025
Gifted share total (summary)
31,406 shares
Aggregate giftShares shown in transaction summary
Key Terms
restricted stock units ("RSUs"), revocable trust, bona fide gift, beneficially owned, +1 more
5 terms
restricted stock units ("RSUs") financial
"These shares of Class A Common Stock are issuable upon vesting of restricted stock units ("RSUs")."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
revocable trust financial
"15,703 shares were transferred from the reporting person in her individual capacity to a revocable trust."
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
bona fide gift financial
"transaction_code_description": "Bona fide gift""
beneficially owned financial
"amended to reflect the beneficial ownership following the transfer to the revocable trust."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
service condition financial
"These RSUs vest upon the satisfaction of a service condition."
FAQ
What did Wayfair (W) director Andrea Jung report in this Form 4/A?
Andrea Jung reported a grant of 3,177 restricted stock units and an amended gift transaction. The amendment clarifies that 15,703 Wayfair Class A shares were transferred from her individual holdings to a revocable trust where she is sole trustee and beneficiary.
What equity award did Andrea Jung receive from Wayfair (W) in this filing?
Andrea Jung received 3,177 restricted stock units (RSUs) tied to Wayfair Class A Common Stock. These RSUs are issued at no cash cost per share and increase her potential equity stake upon vesting, subject to the specified service-based vesting schedule in the filing.
What is the vesting schedule for Andrea Jung’s 3,177 Wayfair (W) RSUs?
The RSUs vest based on a service condition: one-quarter of the 3,177 units vest on November 1, 2025, and an additional one-quarter vests for each subsequent three-month period of continuous service, until all units have fully vested over the stated schedule.
How did Andrea Jung’s direct Wayfair (W) holdings change after these transactions?
After the August 14, 2025 RSU grant, Andrea Jung’s direct ownership is reported as 4,732 shares of Wayfair Class A Common Stock. In addition, 15,703 shares are held indirectly through a revocable trust, where she serves as the sole trustee and beneficiary.