Sell4

Reformation Inc.

REF

Total Value

$41.7M

Net $41.7M sold

Filing Date

Jul 31, 2026

1 transaction

Sales

$41.7M

1 transaction

Trade Summary

On Jul 31, 2026, Refo SCSp, 10% Owner, sold $41.7M of Reformation Inc. (REF) across 1 transaction. The filing covers Common Stock and reflects net selling of $41.7M. Reported prices ranged from $13.95. Insider transactions are sourced from SEC Form 4 disclosures and should be reviewed alongside company fundamentals and the insider's broader trading history.

Insider Information

Name: Refo SCSp
Role: 10% Owner

Filing Details

Filing Date: Jul 31, 2026
Transaction Date: Jul 31, 2026
Accession Number: 0001104659-26-089348
Form Type: 4
Net Trading Amount: -$41.7M

Non-Derivative Transactions

Date	Security	Shares	Price	Type	Value
Jul 31, 2026	Common Stock	2,987,199	$13.95	Sale	$41.7M

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Footnotes

(F1)Represents shares of common stock sold as a selling stockholder in the Issuer's initial public offering at $13.95 per share, which reflects the price to the public less the underwriting discount and commission.
(F2)Represents shares of common stock held directly by Refo SCSp. P6 GP Sarl is the general partner of Refo SCSp. Permira VI LP1 is the controlling shareholder of P6 GP Sarl. Permira VI LP1 acts through Permira VI G.P. Limited, its general partner. Each of the foregoing entities disclaims beneficial ownership of the securities held by Refo SCSp, except to the extent of their respective pecuniary interest therein, if any.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Refo SCSp

(Last)

(First)

(Middle)

488, ROUTE DE LONGWY

(Street)

LUXEMBOURG

I L-1940

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Reformation Inc. [ REF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/31/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/31/2026		S⁽¹⁾		2,987,199	D	$13.95	29,091,749	D⁽²⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

1. Name and Address of Reporting Person^*

Refo SCSp

(Last)

(First)

(Middle)

488, ROUTE DE LONGWY

(Street)

LUXEMBOURG

I L-1940

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

P6 GP Sarl

(Last)

(First)

(Middle)

488, ROUTE DE LONGWY

(Street)

LUXEMBOURG

I L-1940

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Permira VI L.P.1

(Last)

(First)

(Middle)

488, ROUTE DE LONGWY

(Street)

LUXEMBOURG

I L-1940

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Permira VI G.P. Ltd

(Last)

(First)

(Middle)

TRAFALGAR COURT LES BANQUES

(Street)

ST PETER PORT

GY1 6DJ

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

Director	X	10% Owner
Officer (give title below)		Other (specify below)

Explanation of Responses:

1. Represents shares of common stock sold as a selling stockholder in the Issuer's initial public offering at $13.95 per share, which reflects the price to the public less the underwriting discount and commission.

2. Represents shares of common stock held directly by Refo SCSp. P6 GP Sarl is the general partner of Refo SCSp. Permira VI LP1 is the controlling shareholder of P6 GP Sarl. Permira VI LP1 acts through Permira VI G.P. Limited, its general partner. Each of the foregoing entities disclaims beneficial ownership of the securities held by Refo SCSp, except to the extent of their respective pecuniary interest therein, if any.

	Refo SCSp, By: /s/ Eddy Perrier, Manager for and on behalf of P6 GP Sarl, acting for its own account and as general partner of Refo SCSp	07/31/2026
	P6 GP Sarl, By: /s/ Eddy Perrier, Manager	07/31/2026
	Permira VI LP1, By: Permira VI G.P. Limited, its general partner, By: /s/ Nigel Carey, Director	07/31/2026
	Permira VI G.P. Limited, By: /s/ Nigel Carey, Director	07/31/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Form 4 as rendered by the SEC from accession 0001104659-26-089348.

Reformation Inc.

Trade Summary

Company Information

Insider Information

Filing Details

Non-Derivative Transactions

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Footnotes

SEC Form 4

SEC Filing

SEC Form 4