Casey O'Connor, Chief Legal Officer of Stitch Fix, Inc. (NASDAQ:SFIX), filed a Form 4 on September 18, 2026, disclosing transactions in Class A Common Stock dated September 16, 2026, related to the vesting of Performance Stock Units.

Key Highlights

  • PSU conversion: 25,284 Performance Stock Units were converted (transaction code M) into 25,284 shares of Class A Common Stock on September 16, 2026.
  • Shares withheld for taxes: 25,999 shares of Class A Common Stock were disposed of (transaction code F) at $2.94 per share to satisfy tax withholding obligations.
  • Resulting direct ownership: Following both transactions, O'Connor directly held 428,903 shares of Class A Common Stock.
  • Remaining derivative holdings: O'Connor held 101,196 Performance Stock Units following the reported transaction.
  • Vesting schedule: The PSU performance condition has been achieved, with 5/12 having vested on December 17, 2025, and the remainder vesting in quarterly installments of 1/12 over the next 7 quarterly vesting dates.

Stitch Fix CLO Casey O'Connor: PSU Vesting and Tax Withholding Details

According to the Form 4 filed with the SEC, Casey O'Connor, serving as Chief Legal Officer of Stitch Fix, Inc., reported two transactions on September 16, 2026, both involving the company's Class A Common Stock. The first transaction (code M) reflects the conversion of 25,284 Performance Stock Units into an equivalent number of Class A Common Stock shares. The filing notes that each PSU "represents a contingent right to receive one share of the Issuer's Class A Common Stock."

The second transaction (code F) involved the disposal of 25,999 shares at a price of $2.94 per share. The filing states this "represents shares that have been withheld by the Company to satisfy tax withholding obligations in connection with the vesting of PSUs and restricted stock units." After these two transactions, O'Connor's direct beneficial ownership of Class A Common Stock stood at 428,903 shares.

On the derivative side, the filing discloses that the PSU performance condition has been satisfied. Per the filing, the vesting schedule specifies that 5/12 vested on December 17, 2025, with "the remainder will vest in quarterly installments of 1/12 over the next 7 quarterly vesting dates." O'Connor retained 101,196 Performance Stock Units following the reported activity, held directly.

What Was Disclosed

The filing discloses a PSU-to-stock conversion of 25,284 shares and the withholding of 25,999 shares at $2.94 to cover taxes, resulting in direct ownership of 428,903 Class A shares and 101,196 remaining PSUs for Stitch Fix's Chief Legal Officer.