Conine Steven

Conine Steven, co-founder of Wayfair (NYSE: W), has demonstrated a consistent pattern of selling company shares over time, with no recorded purchases in available SEC filings. His trading activity, totaling 71 transactions, has been exclusively focused on Wayfair, resulting in over $131.9 million in aggregate sales. The most recent filings, spanning from December 2025 through March 2026, reveal a concentrated series of sales, with 25 transactions executed in this period alone. Notably, the largest single sale occurred on January 23, 2026, when Conine disposed of shares worth $8.13 million, followed closely by another $7.32 million transaction the same day. The pace of selling intensified in early 2026, with multiple high-value transactions clustered in late February and March. On March 23, 2026, Conine executed four separate sales totaling approximately $8.4 million, including a single transaction valued at $3.81 million. The following days saw additional sales, though at smaller increments, such as the $402,888 and $189,607 dispositions on March 25. This sustained selling activity, particularly the absence of any offsetting buys, suggests a deliberate reduction in his stake in Wayfair. The transactions, ranging from tens of thousands to millions of dollars, reflect a methodical approach to liquidating holdings rather than sporadic or opportunistic trades.