The cluster is routine in size and structure — the CEO's sale follows a derivative conversion and is not a fresh bearish signal. Monitor the next 10-Q for any guidance revision, but this filing alone does not warrant a directional trade.
Price Chart
Executive Summary
Warby Parker's Co-CEO Neil Blumenthal sold $1.89M in stock on May 19 after converting derivatives, and a director sold $140K on May 14. Total insider selling of $2.03M represents ~0.07% of market cap, falling below the 0.1% materiality threshold. The CEO's sale is likely liquidity-driven following option exercise, not a bearish signal.
Key Financial Metrics
Key Facts
- Co-CEO Neil Blumenthal sold 63,040 shares at $30.03 for $1.89M on May 19, following a derivative conversion at $0
- Director Bradley Singer sold 4,800 shares at $29.01 for $140K on May 14
- Total cluster value of $2.03M is ~0.07% of $3.0B market cap — below the 0.1% materiality threshold
- The CEO's sale is a same-day exercise-and-sell pattern (code M then S), typical for tax/vesting purposes, not a discretionary bearish bet
Financial Impact
Total insider selling of $2.03M, representing 0.07% of market cap
Risk Factors
- Insider selling could accelerate if the stock continues to rally, but current levels are immaterial
- Historical calibration shows past WRBY reports had poor T+20 outcomes (avg -18%), but this is a low-impact routine filing, not a high-conviction call
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WRBY-1779396563479 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 9, 2026 12w ago | Insider Cluster | $29.32 $26.96 | ▼ −8.05% | ▼ −10.29% | $27.78 (−5.25%) |
Jul 3, 2026 13w ago | Insider Cluster | $29.26 $26.02 | ▼ −11.07% | ▼ −10.66% | $27.78 (−5.06%) |
Jun 14, 2026 15w ago | Institutional Cluster | $26.38 $27.41 | ▲ +3.90% | ▲ +4.65% | $27.78 (+5.31%) |
Jun 12, 2026 15w ago | 144 | $26.38 $27.41 | ▲ +3.90% | ▲ +4.65% | $27.78 (+5.31%) |
Jun 11, 2026 16w ago | Institutional Cluster | $25.86 $29.32 | ▲ +13.38% | ▲ +11.49% | $27.78 (+7.42%) |
May 21, 2026 19w ago | Insider Cluster | $25.09 $26.12 | ▲ +4.11% | ▲ +5.52% | $27.78 (+10.72%) |
May 13, 2026 20w ago | 144 | $28.90 $26.46 | ▼ −8.44% | ▼ −7.58% | $27.78 (−3.88%) |
Mar 4, 2026 30w ago | Insider Cluster | $27.36 $21.41 | ▼ −21.75% | ▼ −17.33% | $27.78 (+1.54%) |
Feb 26, 2026 31w ago | 8-K | $25.65 $21.99 | ▼ −14.27% | ▼ −7.87% | $27.78 (+8.30%) |
US Market Status
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