Allbirds CEO tax-related sale of 3,359 shares

Allbirds, Inc. Chief Executive Officer Joseph Vernachio reported the sale of 3,359 shares of Class A Common Stock.

Rhea-AI Filing Summary

Allbirds, Inc. Chief Executive Officer Joseph Vernachio reported the sale of 3,359 shares of Class A Common Stock. These shares were sold at a weighted average price of about $4.47 per share solely to cover tax withholding obligations from vesting restricted stock units, under a predetermined “sell to cover” arrangement, and are not discretionary trades. After these transactions, he directly holds 82,210 shares.

Insider Trade Summary

Net Seller: 3,359 shares

Net Sell 1 txn

Insider Vernachio Joseph

Role Chief Executive Officer

Sold 3,359 shs ($15K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	3,359	$4.4678	$15K

Holdings After Transaction: Class A Common Stock — 82,210 shares (Direct)

Footnotes (2)

1. F1. 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. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $4.41to $4.52, 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.

Key Figures

Shares sold: 3,359 shares Weighted average sale price: $4.4678 per share Post-transaction holdings: 82,210 shares +2 more

5 metrics

Shares sold 3,359 shares Tax-related sale on 2026-06-02 to cover RSU withholding

Weighted average sale price $4.4678 per share Class A Common Stock sale on 2026-06-02

Post-transaction holdings 82,210 shares Direct Class A Common Stock held after the sale

Sale price range $4.41 to $4.52 per share Range of prices for multiple sale executions

Net shares sold 3,359 shares Net-sell direction in transaction summary

Key Terms

restricted stock units, sell to cover, weighted average price

3 terms

restricted stock units financial

"in connection with the vesting and settlement of restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

sell to cover financial

"to be funded by a "sell to cover" transaction and do not represent discretionary"

Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Allbirds (BIRD) CEO Joseph Vernachio report in this Form 4?

Allbirds CEO Joseph Vernachio reported selling 3,359 Class A shares. The sale was executed to cover tax withholding obligations from vesting restricted stock units under a “sell to cover” arrangement, and was not a discretionary trading decision by the executive.

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

Joseph Vernachio sold 3,359 Allbirds Class A shares. The weighted average sale price was approximately $4.47 per share, with individual trades occurring in a price range between $4.41 and $4.52, according to the transaction footnote disclosure.

Why were the Allbirds (BIRD) shares sold by the CEO in this filing?

The shares were sold to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units. The filing explains this was a predetermined “sell to cover” tax transaction and does not represent a discretionary investment decision by the CEO.

How many Allbirds (BIRD) shares does the CEO hold after the reported sale?

Following the reported tax-related sale, Joseph Vernachio directly holds 82,210 shares of Allbirds Class A Common Stock. This post-transaction holding figure is disclosed in the Form 4 and helps show the remaining equity position after the sell-to-cover event.

Were the Allbirds (BIRD) CEO’s share sales part of open-market trading?

The Form 4 lists the transaction as an open-market sale, but the footnote clarifies it was conducted solely to cover tax withholding obligations on vesting restricted stock units, making it a sell-to-cover event rather than a discretionary open-market trade.

What price range applied to the Allbirds (BIRD) CEO’s share sales?

The filing states that the reported weighted average price reflects multiple trades executed between $4.41 and $4.52 per share. The CEO notes willingness to provide detailed breakdowns of share counts at each specific price upon appropriate request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/03/2026 - 04:45 PM EDT Learn about SEC filing dates

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^*

Vernachio Joseph

(Last) (First) (Middle)

C/O ALLBIRDS, INC.

530 WASHINGTON STREET

(Street)

SAN FRANCISCO CALIFORNIA 94111

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Allbirds, Inc. [ BIRD ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026

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

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

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

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	06/02/2026		S(1)		3,359	D	$4.4678(2)	82,210	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 $4.41to $4.52, 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	06/03/2026
	** 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.
* Form 4: SEC 1474 (03-26)