Steven Conine, Co-Founder of Wayfair (NYSE:W), disclosed the sale of 26,950 shares of Common Stock in multiple open-market transactions on Feb. 26, 2026, as detailed in this SEC Form 4 filing.
Metric | Value |
|---|---|
Shares sold (direct) | 26,950 |
Transaction value | ~$2.13 million |
Post-transaction shares (direct) | 169,073 |
Post-transaction shares (indirect) | 22,857 |
Post-transaction value (direct ownership) | ~$13.35 million |
Transaction value based on SEC Form 4 weighted average purchase price ($78.86).
How does the size of this sale compare to Mr. Conine’s recent trading activity?
The 26,950-share sale is below the median sell-only transaction of 85,000 shares executed by Mr. Conine in the recent period since May 2025, reflecting the reduced available capacity as direct holdings have declined to under 170,000 shares.What percentage of Mr. Conine’s ownership was impacted in this transaction?
This sale accounted for 12.31% of his direct holdings and 12.31% of his total ownership at the time, a higher proportion relative to earlier sales as the available share base has decreased.Were any indirect or derivative holdings affected by this transaction?
No indirect or derivative securities were disposed in this filing; indirect holdings of 22,857 shares remain attributed to SK Ventures LLC.Does Mr. Conine maintain a meaningful stake in Wayfair following this sale?
Yes; as of Feb. 27, 2026, Mr. Conine retains 169,073 shares directly and 22,857 shares indirectly, providing ongoing exposure to the company’s equity.
Metric | Value |
|---|---|
Market capitalization | $9.96 billion |
Revenue (TTM) | $12.46 billion |
Net income (TTM) | -$313.00 million |
1-year price change | 101.45% |
* 1-year price change calculated using Feb. 26, 2026 as the reference date.
Wayfair offers a broad selection of approximately 33 million home goods, including furniture, décor, housewares, and home improvement products across multiple proprietary brands and online platforms.
It operates a direct-to-consumer e-commerce model, generating revenue primarily through online sales of physical goods to residential customers.
The company targets individual consumers seeking home furnishings and décor, with a primary focus on the United States and international markets.
Wayfair is a leading online specialty retailer in the home goods sector, leveraging a vast product assortment and multiple branded websites to capture market share. The company’s strategy centers on providing a seamless digital shopping experience, supported by a significant logistics and supply chain infrastructure.
