[Form 4] Allbirds, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Allbirds, Inc. (BIRD) Chief Financial Officer Ann Mitchell sold 2,188 shares of Class A common stock on 09/03/2025 at a weighted average price of $6.37 per share to satisfy tax withholding for vested restricted stock units. After the reported sale, the filing shows Ms. Mitchell beneficially owned 78,498 shares, held directly. The filing clarifies the sale was a "sell to cover" transaction to fund tax obligations and that the shares were sold in multiple transactions at prices ranging from $6.3601 to $6.41.

Positive

• Sale was disclosed as a sell-to-cover to satisfy tax withholding for vested restricted stock units, not a discretionary sale.
• Filing provides a weighted average sale price ($6.37) and the reported range ($6.3601–$6.41), offering pricing transparency.
• Post-transaction beneficial ownership is explicitly stated as 78,498 shares, clarifying the reporting person's stake after the sale.

Negative

• The reporting person disposed of 2,188 Class A shares, reducing their direct holdings.
• The transaction involved multiple trades, which may make it harder for readers to determine the exact number of shares sold at each price without requesting additional detail as noted in the filing.

Insights

Financial Analyst

TL;DR: CFO executed a routine sell-to-cover of 2,188 shares at a weighted $6.37, leaving 78,498 shares beneficially owned.

The Form 4 documents a non-discretionary sale tied to RSU settlement tax withholding rather than an open-market liquidation for cash needs. The weighted average sale price of $6.37 (range $6.3601–$6.41) indicates limited price dispersion across the multiple trades. The remaining direct beneficial ownership of 78,498 shares provides a clear post-transaction stake.

Corporate Governance Expert

TL;DR: Transaction appears procedural and related to tax withholding, not a discretionary change in insider stance.

The filer explicitly states the sales were to satisfy tax withholding on vested restricted stock units and were not discretionary. Such disclosures align with standard insider reporting practices and preserve clarity for compliance oversight. The Form 4 is signed by an attorney-in-fact, indicating authorized submission.

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.

30 HOTALING PLACE

(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)
09/03/2025

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	09/03/2025		S(1)		2,188	D	$6.37(2)	78,498	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 $6.3601 to $6.41, 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	09/04/2025
	** 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 did Allbirds CFO Ann Mitchell report on Form 4 (BIRD)?

The filing reports that Ann Mitchell sold 2,188 Class A shares on 09/03/2025 as a "sell to cover" to satisfy tax withholding related to vested restricted stock units.

At what price were the shares sold according to the Form 4?

The shares were sold at a weighted average price of $6.37, with individual trade prices ranging from $6.3601 to $6.41.

How many shares did the reporting person own after the transaction?

Following the reported sale, the filing shows the reporting person beneficially owned 78,498 shares (direct ownership).

Was the sale discretionary or part of a plan?

The filing states the sales were to cover tax withholding obligations from RSU vesting and do not represent discretionary transactions by the reporting person.

Who signed the Form 4 filing for the reporting person?

The Form 4 was signed by Christos Yatrakis, Attorney-in-Fact on behalf of the reporting person on 09/04/2025.