Goldstone Amends Rent the Runway Stake, Signals Ownership Change

TL;DR

**Goldstone just updated his Rent the Runway stake, watch for details on his new position!**

AI Summary

Yisroel Mordechai Goldstone, a significant shareholder in Rent the Runway, Inc., filed an amendment to his Schedule 13D on January 19, 2024. This filing indicates a change in his beneficial ownership or investment intent, as he is now filing an amendment (13D/A) to his initial Schedule 13D. While the specific details of the change aren't fully disclosed in this excerpt, it signals that Goldstone's position or plans regarding his Class A common stock in Rent the Runway have evolved. This matters to investors because large shareholder actions can influence stock price and signal confidence or concern about the company's future.

Why It Matters

Changes in significant shareholder filings like this can signal shifts in investor confidence or potential strategic moves, which can impact Rent the Runway's stock price and future direction.

Risk Assessment

Risk Level: medium — The filing indicates a change in a significant shareholder's position, which could lead to increased volatility or signal underlying issues, but the specific details of the change are not yet clear from this excerpt.

Analyst Insight

Investors should monitor subsequent filings from Yisroel Mordechai Goldstone to understand the specific nature of the change in his Rent the Runway stake, as this could signal a shift in his investment strategy or outlook on the company.

Key Players & Entities

• Yisroel Mordechai Goldstone (person) — the reporting person and significant shareholder of Rent the Runway, Inc.
• Rent the Runway, Inc. (company) — the issuer of the Class A common stock
• Eleazer Klein, Esq. (person) — attorney at Schulte Roth & Zabel LLP, authorized to receive notices for the filing person
• Adriana Schwartz, Esq. (person) — attorney at Schulte Roth & Zabel LLP, authorized to receive notices for the filing person
• Schulte Roth & Zabel LLP (company) — law firm representing 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
• $3,873,995 — tock) reported herein was approximately $3,873,995. Such securities were acquired with per
• $1 — s A Common Stock with a strike price of $1 expired unexercised. CUSIP No. 76010Y

Filing Documents

• p24-0296sc13da.htm (SC 13D/A) — 47KB
• 0000902664-24-000518.txt ( ) — 48KB

is hereby amended and restated to read as follows

Item 3 is hereby amended and restated to read as follows: The aggregate purchase price of the shares of Class A Common Stock (and options to purchase Class A Common Stock) reported herein was approximately $3,873,995. Such securities were acquired with personal funds of the Reporting Person. The Reporting Person may effect purchases of shares of Class A Common Stock through margin accounts maintained for him with brokers, which extend margin credit as and when required to open or carry positions in his margin accounts, subject to applicable federal margin regulations, stock exchange rules and such firms’ credit policies. Positions in shares of Class A Common Stock may be held in margin accounts and may be pledged as collateral security for the repayment of debit balances in such accounts. Since other securities may be held in such margin accounts, it may not be possible to determine the amounts, if any, of margin used to purchase shares of Class A Common Stock. Item 5. INTEREST IN SECURITIES OF THE ISSUER Items 5(a)-(c) are hereby amended and restated to read as follows: (a) See rows (11) and (13) of the cover page to this Schedule 13D/A for the aggregate number of shares of Class A Common Stock and percentage of the shares of Class A Common Stock beneficially owned by the Reporting Person. The percentage used in this Schedule 13D/A is calculated based upon 67,223,096 shares of Class A Common Stock outstanding as of November 30, 2023, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended October 31, 2023, filed with the Securities and Exchange Commission (the “ SEC ”) on December 6, 2023. (b) See rows (7) through (10) of the cover page to this Schedule 13D/A for the number of shares of Class A Common Stock as to which the Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition. (c) The transactions in the share

is hereby amended and supplemented as follows

Item 6 is hereby amended and supplemented as follows: On January 19, 2024, all 10,349 of the previously reported call options related to 1,034,900 shares of Class A Common Stock with a strike price of $1 expired unexercised. CUSIP No. 76010Y103 SCHEDULE 13D/A Page 5 of 6 Pages

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 23, 2024 /s/ Yisroel Mordechai Goldstone YISROEL MORDECHAI GOLDSTONE CUSIP No. 76010Y103 SCHEDULE 13D/A Page 6 of 6 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 since the filing of the Schedule 13D. All transactions were effectuated in the open market through a broker. Trade Date Shares Purchased (Sold) Price Per Share ($) 1/18/2024 45,879 0.49570166 1/18/2024 10,000 0.50855955 1/18/2024 10,000 0.5086 1/18/2024 10,000 0.508385 1/18/2024 10,000 0.50593818 1/18/2024 10,000 0.51377999 1/18/2024 10,000 0.5185 1/18/2024 10,000 0.5198 1/18/2024 10,000 0.520494 1/18/2024 5,129 0.50499723 1/18/2024 580 0.599 1/18/2024 10,000 0.51722626 1/18/2024 100,000 0.52814756 1/18/2024 500 0.52512 1/18/2024 10,000 0.539832 1/18/2024 8,200 0.54 1/18/2024 40,000 0.55 1/18/2024 44,358 0.54 1/18/2024 10,586 0.54990084 1/18/2024 25,508 0.57990905 1/18/2024 752 0.5894 1/18/2024 13,523 0.59852309 1/18/2024 108,804 0.59998344 1/18/2024 200,000 0.60995218 1/18/2024 23,380 0.58 1/19/2024 301 0.56 1/19/2024 4,700 0.56993404 1/19/2024 23,945 0.585 1/19/2024 100,000 0.59 1/19/2024 100 0.58 1/22/2024 38,137 0.57336314 1/22/2024 106,069 0.59930083 1/22/2024 5,800 0.60248966 1/22/2024 28,649 0.62277817 1/22/2024 2,211 0.59414175 1/22/2024 33,603 0.61745107