Shah Niraj bought W
September 19, 2025 · Form 4 insider transaction
Shah Niraj bought 5,000,000 shares of Wayfair Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Each PSU represents a contingent right to receive one share of Class A Common Stock when vested.; Effective September 19, 2025, the Board of Directors approved a grant of 5,000,000 PSUs contingent upon stockholder approval at the 2026 Annual Meeting of Stockholders of additional shares issuable under the 2023 Incentive Award Plan. If such stockholder approval is not received, these PSUs will automatically terminate.; These PSUs vest in six (6) tranches over a ten (10) year period, with vesting of each tranche conditioned upon the Issuer's common stock satisfying a specified per share price threshold and the Reporting Person satisfying a service condition.