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Andrea Jung shifts Wayfair (NYSE: W) shares to trust and gains RSUs
Wayfair director Andrea Jung reported a reclassification of 15,703 Class A shares from her individual holdings to a revocable trust, of which she is the sole trustee and beneficiary. Additionally, she was granted 3,177 restricted stock units (RSUs) which will vest over time based on service conditions, starting November 1, 2025. These transactions primarily represent a change in the form of ownership and an equity grant rather than open-market sales.