Allbirds CEO Sells Small Stake as Company Narrows Retail Footprint
Allbirds Chief Executive Officer Joseph Vernachio sold 4,413 shares of Class A common stock on March 3, 2026, in transactions executed to cover tax withholding tied to restricted stock units. The sales, disclosed on a Form 4 filing, totaled $11,872 at a weighted average price of $2.69. The move comes as Allbirds contends with a 22% revenue decline …