Director Paul G Moskowitz sold 4,295,139 shares of WAY at $39.21 on 2025-09-12 for $168,412,400.19, reducing holdings by 24.5%.
Moskowitz divested a substantial 4,295,139 shares (24.5% of his pre-transaction holdings) at $39.21, raising $168,412,400.19. The sale occurred when WAY trades at $38.25, down 15.7% from its 52-week high of $45.35, suggesting he sold above the current market level. His same-ticker history at WAY shows 2 of 3 prior sells were well-timed at the 90-day mark, indicating a pattern of selling before subsequent declines. The company carries a notably elevated P/E of 78.06 against positive near-term fundamentals (19.3% annual revenue growth, $32.2M quarterly net income), though it was unprofitable on a full-year basis, warranting investor attention to whether this large director reduction reflects confidence in valuation or concern about forward momentum.