WRBY Warby Parker Inc.

NEUTRAL Impact: 3/10 Insider Cluster (2 insiders)
Horizon days Filed May 21, 2026 Processed 22d 15h ago
Insider cluster: 2 insiders, $2.0M total
Latest settled — T+5d
WRBY ▼ -2.83% at T+5d
NEUTRAL call ✗ call lost -2.83% · α vs SPY -4.49% · entry $25.09 → $24.38
Next anchor: T+20d in 9d
Currently $26.46 · +5.46% from $25.09 entry
Entry anchored
May 21, 2026
via day open
T+1d
+1.67%
call +1.67% · α +1.09%
$25.51
settled 22d ago
T+5d
-2.83%
call -2.83% · α -4.49%
$24.38
settled 15d ago
T+20d
call — · α —
in 9d
T+60d
call — · α —
in 2mo

Price Chart

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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

Direction
selling
Total Value
$2.0M
Insiders
2

Actionable Insight

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.

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

insider_ownership

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

Exchange
NYSE
Sector
Ophthalmic Goods
Analyst Consensus
70% bullish (20 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-WRBY-1779396563479
6 reports for WRBY
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for WRBY — sortable, filterable
Type Now
Jun 12, 2026
today
144
NEUTRAL ★ 2/10
$26.45 awaiting T+5awaiting T+5$26.46 (+0.04%)
Jun 11, 2026
1d ago
Institutional Cluster
MIXED ★ 4/10
$25.49 awaiting T+5awaiting T+5$26.46 (+3.83%)
May 21, 2026
22d ago
Insider Cluster
NEUTRAL ★ 3/10
$25.09 $24.38▼ −2.83%▼ −4.49%$26.46 (+5.46%)
May 13, 2026
4w ago
144
NEUTRAL ★ 3/10
$28.90 $24.50▼ −15.22%▼ −14.51%$26.46 (−8.44%)
Mar 4, 2026
14w ago
Insider Cluster
NEUTRAL ★ 4/10
$27.36 $25.41▼ −7.13%▼ −5.79%$26.46 (−3.29%)
Feb 26, 2026
15w ago
8-K
BULLISH ★ 8/10
$25.65 $26.87▲ +4.76%▲ +5.88%$26.46 (+3.16%)
Showing 6 of 6

US Market Status

Market Closed — Opens Mon (49h 36m)

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