Rent the Runway (RENT) Director LLC Buys $2.2M of Stock
Key Points
- Director STORY3 Capital Partners, LLC acquired 632,922 shares of Rent the Runway, Inc. on October 21, 2026, paying $3.55 per share for a total value of about $2.25 million.
- The purchase lifted the director's total stake to 4,907,316 shares, marking a 14.81% increase in its holdings.
- Other institutional investors held steady positions in mid-2026, while the company prepares for its next financial update on December 10, 2026.
Since the trade, $RENT is up 5.5% to date (from the $2.18 close on Oct 21, 2026).
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Director STORY3 Capital Partners, LLC purchased 632,922 shares of Rent the Runway, Inc. RENT on October 21, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the shares were acquired at a price of $3.55 each for a total value of roughly $2.25 million.
RENT
Rent the Runway, Inc.
Inside STORY3 Capital Partners, LLC's Rent the Runway Trade
The transaction grew the director's holdings from its previous level to 4,907,316 shares. This move represents a 14.81% increase in the stake held by STORY3 Capital Partners, LLC. The purchase was executed directly and was not part of a pre-arranged Rule 10b5-1 trading plan.
Other Institutional Activity in Rent the Runway, Inc.
Technology Crossover Management VIII, Ltd. held 197,481 shares valued at about $454,206 as of June 30, 2026, leaving its position unchanged. Ares Management LLC maintained its stake of 169,383 shares worth about $389,580 over the same period. Castleknight Management LP also kept its holdings steady with 96,655 shares valued at roughly $222,306.
Rent the Runway, Inc. Stock Up 5.5%
The shares recently traded around $2.30 as of October 23, 2026, sitting below their 50-day moving average of $2.53 and well under their 52-week high of $10.13.
Recent Earnings
Rent the Runway reported trailing twelve-month revenue of $366.9 million alongside a trailing net profit margin of 11.8% and a year-over-year revenue growth rate of 20.8%. Its next financial update is scheduled for release on December 10, 2026.
Insider Buying and Selling at Rent the Runway, Inc.
Earlier insider activity included multiple transactions, such as Dhiren R Fonseca selling 75,000 shares on September 25, 2026, at an average price of $1.70 for a total value of $127,246. Prior to that, Fonseca sold 25,132 shares on September 14, 2026, at $1.94 each, and 34,516 shares on July 24, 2026, at $2.99 each. Sarah K Tam also sold 863 shares on September 16, 2025, at an average price of $4.89.
About Rent the Runway, Inc.
Rent the Runway, Inc. operates a shared designer clothing closet, offering subscription, rental, and resale services for apparel and accessories in the United States.
Bottom Line
Investors will look toward the company's upcoming financial results on December 10, 2026, for further insight into its operational progress. Insider transactions continue to shape market awareness around the apparel retailer's evolving equity structure.
Related Filing Alerts
Source: STORY3 Capital Partners, LLC's Form 4 filing on $RENT (Oct 21, 2026). Written by software, not financial advice. How we make alerts