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Tax-driven Allbirds (BIRD) CFO share sale reported in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Allbirds, Inc. Chief Financial Officer Mitchell Ann reported an open-market sale of 2,200 shares of Class A common stock on March 3, 2026 at a weighted average price of $2.6957 per share. According to the disclosure, these shares were sold under a non-discretionary “sell to cover” arrangement to satisfy tax withholding obligations arising from the vesting and settlement of restricted stock units, rather than a voluntary portfolio decision. Following this tax-related transaction, she directly owns 74,970 Allbirds shares, so her overall equity stake remains largely intact.

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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*
Mitchell Ann

(Last) (First) (Middle)
C/O ALLBIRDS, INC.
530 WASHINGTON STREET

(Street)
SAN FRANCISCO CA 94111

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Allbirds, Inc. [ BIRD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 03/03/2026 S(1) 2,200 D $2.6957(2) 74,970 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary transactions by the Reporting Person.
2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.64 to $2.79, inclusive. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
Remarks:
/s/ Christos Yatrakis, Attorney-in-Fact 03/03/2026
** 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.

FAQ

What insider transaction did Allbirds (BIRD) CFO Mitchell Ann report?

Allbirds CFO Mitchell Ann reported selling 2,200 Class A shares on March 3, 2026. The sale was to cover tax withholding tied to restricted stock unit vesting, rather than a discretionary decision to reduce her investment position.

How many Allbirds (BIRD) shares did the CFO sell and at what price?

Mitchell Ann sold 2,200 Allbirds Class A shares at a weighted average price of $2.6957. The filing notes individual trades occurred between $2.64 and $2.79 per share in multiple transactions during the tax-related sell-to-cover process.

Why did the Allbirds (BIRD) CFO sell shares in this Form 4 filing?

The CFO’s sale was executed solely to cover tax withholding obligations from vesting restricted stock units. The filing states it was a predetermined “sell to cover” transaction and not a discretionary decision by the reporting person to exit or trim her holdings.

How many Allbirds (BIRD) shares does the CFO hold after the tax sale?

After selling 2,200 shares to cover tax obligations, Mitchell Ann directly owns 74,970 Allbirds Class A common shares. This remaining stake shows she continues to hold a substantial equity position in the company following the non-discretionary sell-to-cover transaction.

What trading range did Allbirds (BIRD) shares have in the CFO’s Form 4 sale?

The weighted average sale price reported was $2.6957 per share, with individual trades executed between $2.64 and $2.79. The filing notes the CFO can provide detailed share counts at each price level upon request from regulators, the issuer, or shareholders.
Allbirds, Inc.

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