Stitch Fix, Inc. reported that its Chief Legal Officer, Casey O'Connor, completed a paired options exercise and share sale transaction on January 27, 2026, according to a Form 4 filed with the Securities and Exchange Commission.
The filing shows O'Connor exercised options to purchase 19,347 shares of Stitch Fix Class A Common Stock at an exercise price of $3.80, for a total exercise cost of $73,518. On the same day, O'Connor sold 19,347 shares of Class A Common Stock at $5.68 per share, generating proceeds of $109,890. The report indicates both actions were carried out pursuant to a pre-arranged Rule 10b5-1 trading plan that the executive adopted on January 9, 2025.
Following the transactions disclosed in the Form 4, O'Connor is listed as directly owning 542,071 shares of Stitch Fix, Inc.
These insider transactions come amid recent corporate updates from Stitch Fix. For the first quarter of fiscal 2026 the company reported revenue of $342.1 million, which exceeded a consensus forecast of $336.08 million. Reported earnings per share were in line with expectations at negative $0.05.
In addition to the quarterly results, Stitch Fix disclosed an amendment to its credit agreement with Citibank that extends the loan maturity date to December 11, 2028. The company noted that other terms of the credit agreement remain unchanged.
Market analysts have maintained measured outlooks on the company. Bernstein and Telsey Advisory Group both reiterated Market Perform ratings for Stitch Fix and set a common price target of $6.00. Bernstein's commentary, as cited in company disclosures, highlighted Stitch Fix's projected 4.0 to 6.5 percent growth for fiscal year 2026, a pace the firm described as ahead of broader market expectations. Telsey emphasized that Stitch Fix achieved its fifth consecutive quarter of revenue and adjusted EBITDA results that beat expectations.
Operational metrics disclosed for the quarter show a mixed performance. Active clients declined by 5.2 percent year over year, though sequentially the company recorded a 180 basis point improvement in active clients. Net revenue per active client rose by 5.3 percent, noted as the strongest increase since fiscal year 2022.
The Form 4 filing and the company's quarterly disclosures together provide a snapshot of executive liquidity moves, recent financial results, and the current assessments by credit counterparties and sell-side analysts.