Velarion · Company Intelligence
Compensation Brief
Fiscal year 2024 · Filings through 2025-05-22

Rent the Runway (RENT)

Fiscal year 2024 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$5,045,369
Anushka Salinas total, FY2024
former President and Chief Operating Officerhighest-paid officer; CEO Jennifer Hyman: $2,464,762
CEO (Jennifer Hyman) pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against RENT
1 company names RENT as a compensation peer

Each company listed discloses RENT in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named RENT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2024

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Anushka Salinas$600,000$0$3,476,754$0$0$968,615$5,045,369
former President and Chief Operating Officer
Scarlett O'Sullivan191,6670642,5061,790,5740448,8863,073,633
former Chief Financial Officer
Jennifer Hyman650,0001,172,500334,8000266,752040,7102,464,762
Co-Founder, Chief Executive Officer, President and Chair
Sid Thacker475,000481,562167,396083,822014,4001,222,180
Chief Financial Officer
Sarah Tam500,000405,625120,897079,43914,8061,120,767
Chief Merchant Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2024 totalFY2023 totalFY2022 totalΔ FY20232024
Anushka Salinas$5,045,369
Scarlett O'Sullivan3,073,633
Jennifer Hyman2,464,7626,047,552−3,582,790
Sid Thacker1,222,1801,887,708−665,528
Sarah Tam1,120,767

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2024

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Sarah TamOTHER$120,897
Jennifer HymanRSU334,800
Sid ThackerRSU167,396
Anushka SalinasOTHER3,476,754
Scarlett O'SullivanOTHER642,506
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jennifer Hyman$334,800$0$00.0%
Sid Thacker167,396000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2024

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Sid ThackerRSU6,561$53,013
Jennifer HymanRSU28,125227,250
Sid ThackerRSU3122,521
Sarah TamRSU367,4372,968,876
Jennifer HymanRSU24,478197,782
Sarah TamRSU10,15582,052
Sid ThackerRSU8,85371,532
Sarah TamRSU2,32918,818
Sarah TamRSU1,25010,100
Jennifer HymanRSU22,926185,242
Sid ThackerRSU14,061113,613
Sarah TamOption367,437160.84
Jennifer HymanRSU6365,139
05

Incentive-plan design — the Compensation Discussion & Analysis

These elements (and the amounts of compensation and benefits under each element) were selected because we believe they are necessary to help us attract and retain executive talent which is fundamental to our success.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantCompensia, Inc.
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
08

Director compensation — fiscal year 2024

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Beth KaplanIndependent · Audit · Compensation (Chair) · Finance$165,000$31,863$0$0$0$196,863
Emil MichaelIndependent · Audit · Nominating and ESG · Finance · Departed during FY150,00031,863000181,863
Scott FriendIndependent · Lead Independent Director · Compensation · Finance102,71731,863000134,580
Tim BixbyIndependent · Audit (Chair) · Finance100,00031,863000131,863
Jennifer FleissIndependent · Nominating and ESG (Chair)78,97231,863000110,835
Mike RothIndependent · Audit · Compensation75,00031,863000106,863
Gwyneth PaltrowIndependent · Nominating and ESG75,00031,863000106,863
Melanie HarrisIndependent · Departed during FY10,00024,24400034,244
Carley RoneyIndependent · Departed during FY12,00021,71200033,712
Jennifer Y. HymanEmployee director · Board Chair00000
Dan NovaIndependent · Departed during FY000000
Daniel RosensweigIndependent · Finance · Newly elected000000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$120,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 15,000 / 5,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2024
Cash retainers and fees$768,689
Equity awards (grant-date value)$268,997
All other compensation$0
Total cost of the board$1,037,686

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Rent the Runway2024Jennifer Hyman$650,000$334,800$0$266,752$2,464,762

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Anushka SalinasDEF 14A2025-05-220001140361-25-020175Section “Executive Compensation”. As printed: 5,045,369. Filing ↗
2Section 01, Scarlett O'SullivanDEF 14A2025-05-220001140361-25-020175Section “Executive Compensation”. As printed: 3,073,633. Filing ↗
3Section 01, Jennifer HymanDEF 14A2025-05-220001140361-25-020175Section “Summary Compensation Table”. As printed: 2,464,762. Filing ↗machine: t122 · r2 · c22 · span 407043–407052
4Section 01, Sid ThackerDEF 14A2025-05-220001140361-25-020175Section “Summary Compensation Table”. As printed: 1,222,180. Filing ↗machine: r4 · c22 · span 415472–415481
5Section 01, Sarah TamDEF 14A2025-05-220001140361-25-020175Section “Summary Compensation Table”. As printed: 1,120,767. Filing ↗machine: r6 · c22 · span 422760–422769
6Section 03, Sarah Tam OTHERDEF 14A2025-05-220001140361-25-020175Section “JOBS A” · grants of plan-based awards table. Filing ↗machine: t122 · r6 · c13 · span 421559–421566
7Section 03, Jennifer Hyman RSUDEF 14A2025-05-220001140361-25-020175Section “JOBS A” · grants of plan-based awards table. Filing ↗machine: t122 · r2 · c13 · span 405415–405422
8Section 03, Sid Thacker RSUDEF 14A2025-05-220001140361-25-020175Section “JOBS A” · grants of plan-based awards table. Filing ↗machine: t122 · r4 · c13 · span 413842–413849
9Section 03, Anushka Salinas OTHERDEF 14ASection “Executive Compensation” · grants of plan-based awards table.
10Section 03, Scarlett O'Sullivan OTHERDEF 14ASection “Executive Compensation” · grants of plan-based awards table.
11Section 08, Beth KaplanDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 196,863. Filing ↗machine: t95 · r6 · c10 · span 290998–291005
12Section 08, Emil MichaelDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 181,863. Filing ↗machine: t95 · r7 · c10 · span 293149–293156
13Section 08, Scott FriendDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 134,580. Filing ↗machine: t95 · r4 · c10 · span 286711–286718
14Section 08, Tim BixbyDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 131,863. Filing ↗machine: t95 · r2 · c10 · span 282400–282407
15Section 08, Jennifer FleissDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 110,835. Filing ↗machine: t95 · r3 · c10 · span 284560–284567
16Section 08, Mike RothDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 106,863. Filing ↗machine: t95 · r11 · c10 · span 301248–301255
17Section 08, Gwyneth PaltrowDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 106,863. Filing ↗machine: t95 · r9 · c10 · span 297436–297443
18Section 08, Melanie HarrisDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 34,244. Filing ↗machine: t95 · r5 · c10 · span 288863–288869
19Section 08, Carley RoneyDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 33,712. Filing ↗machine: t95 · r10 · c10 · span 299586–299592
20Section 08, Jennifer Y. HymanDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 0. Filing ↗
21Section 08, Dan NovaDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 0. Filing ↗
22Section 08, Daniel RosensweigDEF 14A2025-05-220001140361-25-020175Section “Director Compensation”. As printed: 0. Filing ↗
23Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
24Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
25Section 09b board cost (computed)ComputedcomputedCash 768,689 + equity 268,997 + all other 0 = 1,037,686, summed across the director compensation table rows.machine: formula: Σ = 1,037,686
26Rent the Runway (subject), Section 10b CEO totalDEF 14A2025-05-220001140361-25-020175CEO total compensation as printed in Rent the Runway's own proxy. As printed: 2,464,762. Filing ↗machine: t122 · r2 · c22 · span 407043–407052