---
schema_version: "secwatch.filing_event.v1"
accession: "0001468327-24-000160"
form_type: "8-K"
ticker: "RENT"
cik: "0001468327"
company_name: "Rent the Runway, Inc."
filed_at: "2024-05-21T23:59:59+00:00"
generated_at: "2026-06-01T10:41:09.767167+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rent the Runway adopts Transaction Bonus Plan with $25M aggregate pool for execs

## Summary
- CEO Jenn Hyman eligible for 49.1% of $12.5M base bonus pool and up to $12.5M FCF bonus pool.
- CFO Sid Thacker eligible for 10.6% of each bonus pool.
- Bonuses triggered by Change in Control, ≥50% debt reduction/forgiveness, or market cap >$400M.
- Plan term two years from May 15, 2024, auto-renewing annually.
- Continued employment required; designated participants get prorated bonuses if terminated without cause.

## SEC filing metadata
- accession: 0001468327-24-000160
- form_type: 8-K
- ticker: RENT
- cik: 0001468327
- company_name: Rent the Runway, Inc.
- filed_at: 2024-05-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468327/000146832724000160/0001468327-24-000160-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468327/000146832724000160/wdq-20240515.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001468327-24-000160
- JSON: https://secwatch.observer/filing/0001468327-24-000160.json
- Plain text: https://secwatch.observer/filing/0001468327-24-000160.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.