Warby Parker Co-CEO Gilboa Sells 11,504 Shares for $278,000

David Abraham Gilboa, Co-Chief Executive Officer of Warby Parker Inc. (NYSE:WRBY), disposed of 11,504 shares of Class A Common Stock on Sept. 2, 2026. SEC Form 4 filing .

Transaction value based on SEC Form 4 weighted average sale price ($24.19); post-transaction value based on Sept. 2, 2026, market close ($23.91).

What was the nature of this transaction? The sale was non-discretionary, executed to cover tax obligations, and does not reflect the insider's view on the stock. The automatic transaction was triggered by the vesting of RSUs that convert into common stock on a one-to-one basis.

What is the extent of the executive's remaining equity position? Following this transaction, David Abraham Gilboa holds 40,406 shares directly. His broader position includes approximately 4.6 million direct derivative securities and approximately 1.7 million derivative securities held indirectly through the David A. Gilboa 2012 Family Trust.

How has the stock performed leading up to this filing? As of the Sept. 2, 2026, transaction date, Warby Parker shares had generated a -4% return over the previous 12 months. The stock was priced at $24.35 as of the Sept. 4, 2026, market close, compared to the $24.19 disposal price.

Does the insider hold other classes of equity? Gilboa holds Class A Common Stock, which is the security transacted in this filing. The reporting owner also possesses rights to Class B Common Stock, which is convertible at any time into Class A shares on a one-to-one basis.

Share Price (as of market close 2026-09-04)

Warby Parker operates a comprehensive optical products business offering prescription eyeglasses, sunglasses, contact lenses, and specialized lens options, including photochromic and blue-light-filtering variants, complemented by accessories such as protective cases, lens care kits, and anti-fog solutions.

The company generates revenue through a direct-to-consumer model that combines e-commerce sales with a physical retail footprint, enabling customers to purchase eyewear online or visit showrooms for in-person fittings and consultations.

Warby Parker targets value-conscious consumers seeking affordable, stylish eyewear, with a particular emphasis on accessibility and convenience through its omnichannel distribution strategy.