1stdibs director converts 40,926 RSUs into common shares
1stdibs.com, Inc. director Matthew R. Cohler reported an equity award conversion.
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Rhea-AI Filing Summary
1stdibs.com, Inc. director Matthew R. Cohler reported an equity award conversion. On June 8, 2026, 40,926 Restricted Stock Units converted into the same number of shares of 1stdibs.com common stock at a $0.00 conversion price. Following this transaction, Cohler held 115,544 common shares directly. An additional 3,653,916 common shares were held indirectly through Benchmark-affiliated investment funds, which are managed by a general partner entity whose managing members, including Cohler, disclaim beneficial ownership beyond their pecuniary interests. The RSU award reflected in this filing was fully converted, with no remaining derivative position shown.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,926 | $0.00 | $0.00 |
| Exercise | Common Stock | 40,926 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2. Shares are held directly by Benchmark Capital Partners VII, L.P. ("BCP VII") for itself and as nominee for Benchmark Founders' Fund VII, L.P. ("BFF VII") and Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B"). Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner for BCP VII, BFF VII and BFF VII-B may be deemed to have sole voting and dispositive power over the securities. Matthew R. Cohler, a member of the Issuer's board of directors, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey and Mitchell H. Lasky are the managing members of BCMC VII, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
- F3. The restricted stock units have no expiration date.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
pecuniary interest financial
disclaims beneficial ownership financial
FAQ
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Do the Restricted Stock Units in 1stdibs.com (DIBS) have an expiration date?
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