Becky Case
About Becky Case
Senior Vice President, Engineering at Rent the Runway (RENT) from 2022; joined RTR in 2018 as VP of Engineering, with nearly twenty years of technical experience in e‑commerce and consumer retail and a B.S. in Computer Science from Georgia Southern University . Age 42 in the 2025 proxy and 41 in the 2024 proxy . As of September 2025, RTR identified Becky Case among “former executive officers,” indicating she was no longer a current executive at that time . Company performance context during her tenure: FY2024 revenue was $306.2m (+2.7% YoY) and Adjusted EBITDA $46.9m (15.3% margin), while net loss narrowed to $(69.9)m (22.8% of revenue) .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Rent the Runway | SVP, Engineering | 2022–2025 (no longer current by Sept 2025) | Led RTR’s technology team |
| Rent the Runway | VP, Engineering | 2018–2022 | Engineering leadership for e‑commerce/consumer retail |
| Birchbox | VP of Engineering | 2012–2018 | Engineering leadership at beauty subscription service |
| Opensky | Senior Engineer | Not disclosed | Senior engineering for influencer e‑commerce |
| Bonobos | Lead Software Engineer | Not disclosed | Lead engineering for menswear e‑commerce |
| Zappos.com | Engineer | 2007–2009 | Engineering at online retail pioneer |
External Roles
No public company directorships, committee roles, or external governance positions were disclosed for Ms. Case in the 2024 and 2025 proxy statements .
Fixed Compensation
Specific base salary, target bonus %, and actual bonus for Ms. Case were not itemized in proxy summary compensation tables (limited to NEOs: CEO, CFO, CMO) . Company executive pay program elements include base salary, annual cash incentive, and equity (RSUs), with retention bonuses and option‑to‑RSU exchanges disclosed for NEOs, providing context for structure but not individual figures for Ms. Case .
Performance Compensation
- Annual cash incentives and RSU grants are core components of RTR’s executive compensation framework as disclosed for NEOs; individual performance metrics and payouts for Ms. Case were not separately disclosed .
- Transaction Bonus Plan (established May 15, 2024; amended Aug 20, 2025): Base Transaction Bonus paid 25% at closing, 4×6.25% semi‑annual installments, and 50% as a performance payment on the earlier of Jan 31, 2030 or Change in Control, subject to employment and performance hurdles; “Good Leaver” rules remove repayment obligations for paid portions but forfeit unpaid amounts before the 4‑year anniversary . Participant designations are on Exhibit A and not publicly enumerated in the excerpts; Ms. Case’s participation status is not disclosed .
Transaction Bonus Plan Schedule (structure; not individual amounts)
| Component | Payment Timing | Vesting/Repayment | Performance Condition |
|---|---|---|---|
| Closing Installment (25%) | At closing | Subject to vesting over 4 years; repayment if not a good leaver | None |
| Semi‑Annual Installments (4×6.25%) | 18, 24, 30, 36 months post‑closing | Structured vesting; repayment if not a good leaver | None |
| Performance Payment (50%) | Earlier of Jan 31, 2030 or Change in Control | Forfeited if performance goal not met; must be employed through assessment | FY2029 PSU goals ≥150% of target, or Change in Control share price ≥$20.76 (as adjusted) |
Equity Ownership & Alignment
| Date | Title of Security | Amount | Notes | Ownership % of Class A |
|---|---|---|---|---|
| Oct 13, 2023 | Class A Common Stock | 158,985 | Includes 100,451 RSUs that vest per award terms | ~0.25% (computed using 63,390,727 Class A outstanding as of Apr 10, 2023 ) |
| Policy | Pledging/Hedging | Prohibited | Applies to employees and directors | — |
- No Form 4 insider trading filings for Becky Case were found in the available document catalog, limiting visibility into any insider selling during her tenure [ListDocuments result: 0 Form 4].
Employment Terms
- Executive Severance Plan: Company maintains an executive severance program for senior employees (including NEOs), providing cash salary multiples, prorated bonus, COBRA, and (in change‑of‑control scenarios) enhanced cash multiples and accelerated vesting of time‑based equity; performance‑based awards may vest per award terms. Multiples vary by tenure and role; terms require a release and covenant compliance . Individual participation details for Ms. Case are not disclosed in the excerpts.
- Insider Trading & Alignment Policies: Clawback policy compliant with SEC/Nasdaq for recovery of erroneously awarded incentive compensation; insider trading policy prohibits pledging and hedging by employees and directors, supporting alignment and reducing financing‑related selling pressure .
- Transaction Bonus Plan: As above; participants designated by the Compensation Committee; individual allocation for Ms. Case is not disclosed .
Investment Implications
- Alignment: Meaningful RSU component (100,451 RSUs within 158,985 reported Class A beneficial ownership) suggests equity‑linked incentives; company‑wide prohibitions on pledging/hedging reduce misalignment risks .
- Retention risk: RTR identified Ms. Case as a former executive officer by September 2025, signaling leadership turnover in engineering; investors should monitor technology execution continuity and any backfill capability .
- Selling pressure: Absence of Form 4 records in the catalog limits insight into discretionary selling; combined with no‑pledging policy, forced selling risk is mitigated, but data is incomplete without full SEC feed coverage [ListDocuments result: 0 Form 4] .
- Pay‑for‑performance signals: Company compensation framework includes clawbacks and performance‑conditioned transaction bonuses linked to PSU outcomes and stock price thresholds, indicating heightened performance orientation at the enterprise level; however, individual metrics/tied payouts for Ms. Case are not disclosed .
Note: Certain Becky Case‑specific compensation details (base salary, target/actual bonus, individual equity grant dates/values beyond Form 3, severance participation specifics, and change‑of‑control economics) are not disclosed in the available filings and thus omitted. All assertions above reflect only what is disclosed.