Yisroel Goldstone Files 13D on Rent the Runway, Signaling Activist Intent

TL;DR

**Goldstone just filed a 13D on Rent the Runway, watch for potential activist moves!**

AI Summary

Yisroel Mordechai Goldstone has filed an initial Schedule 13D on January 17, 2024, disclosing his ownership of Class A common stock in Rent the Runway, Inc. The filing indicates that the event triggering this disclosure occurred on January 8, 2024. This matters to investors because a 13D filing typically signals that an investor has acquired more than 5% of a company's shares and may intend to influence management or pursue strategic changes, potentially impacting the stock's future direction.

Why It Matters

This filing indicates a significant stake by Yisroel Mordechai Goldstone, suggesting potential activist involvement or a desire to influence Rent the Runway's strategic direction, which could lead to changes impacting shareholder value.

Risk Assessment

Risk Level: medium — The filing of a 13D by an individual investor can introduce uncertainty regarding potential future actions, which could be positive or negative for the stock.

Analyst Insight

Investors should monitor future filings and news related to Yisroel Mordechai Goldstone's intentions regarding Rent the Runway, as his significant stake could lead to strategic shifts or activist campaigns that impact the stock price.

Key Players & Entities

• Yisroel Mordechai Goldstone (person) — the reporting person who filed the SC 13D
• Rent the Runway, Inc. (company) — the issuer of the Class A common stock
• Schulte Roth & Zabel LLP (company) — legal counsel for the reporting person
• Eleazer Klein, Esq. (person) — attorney authorized to receive notices for the reporting person
• Adriana Schwartz, Esq. (person) — attorney authorized to receive notices for the reporting person

FAQ

Key Financial Figures

• $0.001 — suer) Class A common stock, par value $0.001 per share (Title of Class of Securitie
• $3,258,518 — tock) reported herein was approximately $3,258,518. Such securities were acquired with per
• $1 — s A Common Stock with a strike price of $1 and which have an expiration date of Ja

Filing Documents

• p24-0194sc13d.htm (SC 13D) — 163KB
• 0000902664-24-000283.txt ( ) — 164KB

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Date: January 17, 2024 /s/ Yisroel Mordechai Goldstone YISROEL MORDECHAI GOLDSTONE CUSIP No. 76010Y103 SCHEDULE 13D Page 7 of 14 Pages SCHEDULE A This Schedule sets forth information with respect to each purchase and sale of shares of Class A Common Stock which were effectuated by the Reporting Person within the past sixty (60) days. All transactions were effectuated in the open market through a broker. Trade Date Shares Purchased (Sold) Price Per Share ($) 12/5/2023 10,682 0.646444729 12/5/2023 10,000 0.6419662 12/5/2023 10,000 0.64493923 12/5/2023 4,741 0.650430901 12/5/2023 4,000 0.669 12/5/2023 10,000 0.6692 12/5/2023 27,553 0.677587595 12/5/2023 10,000 0.67885122 12/5/2023 13,024 0.67886144 12/7/2023 10,000 0.63995669 12/7/2023 7,075 0.64 12/7/2023 10,000 0.649409 12/11/2023 10,000 0.67644 12/11/2023 10,000 0.6695 12/11/2023 10,000 0.669499 12/11/2023 59,416 0.678719089 12/11/2023 40,584 0.702140745 12/11/2023 10,000 0.685 12/11/2023 10,000 0.717019 12/11/2023 10,000 0.717659 12/11/2023 10,000 0.695 12/11/2023 10,000 0.7112 12/11/2023 10,000 0.711119 12/11/2023 10,000 0.700756 12/11/2023 10,000 0.702 12/11/2023 25,000 0.699892 12/11/2023 16,660 0.7 12/11/2023 20,000 0.70936 12/11/2023 501 0.7095 12/11/2023 1,000 0.71565 12/11/2023 7,500 0.73 12/11/2023 5,944 0.75 CUSIP No. 76010Y103 SCHEDULE 13D Page 8 of 14 Pages 12/11/2023 20,000 0.77 12/11/2023 20,000 0.7912751 12/11/2023 20,000 0.7998 12/11/2023 20,000 0.799884035 12/11/2023 20,000 0.800931 12/11/2023 20,000 0.79905785 12/12/2023 10,000 0.739543 12/12/2023 200 0.7404 12/12/2023 603 0.750066335 12/12/2023 500 0.768 12/12