Williams-Sonoma Director William J. Ready Acquires Deferred Stock Units in Lieu of Cash Retainer

Overview & Context

On November 4, 2026, Williams-Sonoma, Inc. ($WSM) submitted a Form 4 filing for Director William J. Ready. The transaction, executed on November 2, 2026, reflects the acquisition of 114 Deferred Stock Units (DSUs) under the company's 2001 Long-Term Incentive Plan.

Transaction Details

• Security: Deferred Stock Units (each representing a contingent right to receive one share of common stock)
• Shares/Units: 114
• Price: $0.00 per share (received pursuant to the Director Compensation Policy in lieu of the cash portion of annual board retainers)
• Vesting & Delivery: The units are fully vested upon grant and scheduled for delivery in June 2037, or earlier upon qualifying events.
• Post-Transaction Holdings: 114 Deferred Stock Units held directly.

Market Impact & Significance

The filing represents routine equity compensation structuring where a director chose to receive board retainer fees in deferred equity rather than cash. Because this is not an open-market purchase or sale and involves a modest amount of shares, the overall market and trading significance is considered Low.