Big things are happening for Olivia Wilde. After announcing her Conscious Commerce collaboration with Yoana Baraschi just last week, she has an even bigger announcement this week. Wilde and fiancé Jason Sudeikis are expecting their first child. A close source told People, "They are incredibly happy and excited to welcome a new member in to their family."

The couple met back in 2011 on the season finale of Saturday Night Live and became engaged in January. Earlier this year, Wilde spoke with Marie Claire about starting a family with Sudeikis, stating, "I'm open-minded about how many, but three is like a little party." Let the party begin!

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