Director converts 1,304 RSUs at Williams-Sonoma (NYSE: WSM)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Williams-Sonoma director William J. Ready exercised 1,304 restricted stock units into common stock on June 11, 2026, at a stated price of $0.00 per share. This vesting-related conversion increased his direct holdings to 19,210 shares of Williams-Sonoma common stock, with no open-market buy or sell reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,304 shares exercised/converted
Mixed
2 txns
Insider
Ready William J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,304 | $0.00 | -- |
| Exercise | Common Stock | 1,304 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 19,210 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of WSM common stock. The restricted stock units fully vested on June 11, 2026.
Key Figures
RSUs exercised: 1,304 units
Shares received: 1,304 shares
Holdings after transaction: 19,210 shares
+2 more
5 metrics
RSUs exercised
1,304 units
Restricted stock units converted to common stock on June 11, 2026
Shares received
1,304 shares
Common stock received from RSU conversion
Holdings after transaction
19,210 shares
Total Williams-Sonoma common shares held directly following transaction
Exercise price
$0.00 per share
Stated transaction price for RSU conversion
Remaining RSUs
0 units
Restricted stock units remaining after full vesting and conversion
Key Terms
Restricted Stock Units, derivative security, Form 4, vested
4 terms
Restricted Stock Units financial
"The Form 4 lists the derivative security as restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"The Form 4 classifies this as an exercise or conversion of a derivative security"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vested financial
"The restricted stock units fully vested on June 11, 2026"
FAQ
What insider transaction did William J. Ready report at Williams-Sonoma (WSM)?
William J. Ready reported exercising 1,304 restricted stock units into Williams-Sonoma common stock. The Form 4 classifies this as an exercise or conversion of a derivative security, reflecting equity compensation vesting rather than an open-market purchase or sale of shares.
Were William J. Ready’s Williams-Sonoma (WSM) transactions open-market buys or sells?
The reported Williams-Sonoma transactions were not open-market buys or sells. The Form 4 shows code “M” for exercise or conversion of a derivative security, where 1,304 restricted stock units vested and converted into common shares, with no corresponding sale or purchase in the market.
What is the significance of the 1,304 restricted stock units in WSM’s Form 4?
The 1,304 restricted stock units represent equity compensation for William J. Ready, each unit converting into one Williams-Sonoma common share. Footnotes explain these restricted stock units fully vested on June 11, 2026, triggering the conversion and increasing his direct share ownership without a cash exercise price.
How does the Form 4 describe the derivative security for Williams-Sonoma (WSM)?
The Form 4 lists the derivative security as restricted stock units, each representing a contingent right to receive one Williams-Sonoma common share. Upon full vesting on June 11, 2026, all 1,304 units converted, leaving zero restricted stock units remaining and adding an equal number of common shares.