Wix.com Director Ron Gutler Sells 5,718 Shares for $488,432
Sale executed under pre-arranged Rule 10b5-1 plan adopted last November, reducing his direct holdings by 27%. Gutler retains 15,631 shares worth roughly $1.34 million.
Overview
Ron Gutler, a Director at Wix.com Ltd. (NASDAQ:WIX), sold 5,718 shares of common stock on Aug. 27, 2026, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($85.42); post-transaction value based on Aug. 27, 2026, market close ($85.76).
Details
Wix.com Ltd. is a leading global cloud-based platform with 4,371 employees and a market capitalization of $4.8 billion, generating $2.1 billion in TTM revenue. The company maintains a competitive edge through its intuitive drag-and-drop interface, AI-driven website creation capabilities, and a comprehensive suite of tools that enable users to build, manage, and monetize web properties without requiring advanced technical expertise. Despite current profitability challenges reflected in a TTM net loss of $174.6 million, Wix continues to expand its platform capabilities and international market presence.
Source
Originally published at www.fool.com.