1stdibs.com CEO reports vesting of 174K shares
CEO David S. Rosenblatt had RSUs vest into common shares at 1stdibs.com with some shares withheld to satisfy tax obligations rather than sold on the market.
Rhea-AI Filing Summary
1stdibs.com, Inc. (DIBS) reported that Chief Executive Officer and director David S. Rosenblatt had multiple tranches of restricted stock units (RSUs) vest on September 8, 2026, which were settled into shares of common stock. Four RSU awards covering an aggregate of 174,167 underlying shares of common stock were exercised or converted into common shares. To cover tax withholding obligations related to these vestings, 96,229 shares of common stock were retained by the company on a net withholding basis at a reference price of $4.73 per share, and the filing states that none of these shares were sold in an open market transaction. After these transactions, Rosenblatt also reports indirect ownership of 22,500 shares through the 2024 Laura Thalheimer Rosenblatt Family Trust and 712,802 shares through the 2012 David Rosenblatt Family Trust. No Rule 10b5-1 trading plan is indicated.
Positive
- None.
Negative
- None.
Insider Trade Summary
174,167 shares exercised/converted
Exercise
11 txns
Insider
ROSENBLATT DAVID S
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 37,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 47,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 47,500 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F6 | 41,667 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 37,500 | -- | -- |
| Exercise | Common Stock F1 | 47,500 | -- | -- |
| Exercise | Common Stock F1 | 47,500 | -- | -- |
| Exercise | Common Stock F1 | 41,667 | -- | -- |
| Tax Withholding | Common Stock F2 | 96,229 | $4.73 | $455K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,251,667 contracts (Direct);
Common Stock — 2,203,074 shares (Direct);
Common Stock — 22,500 shares (Indirect, By 2024 Laura Thalheimer Rosenblatt Family Trust effective 4/1/2024);
Common Stock — 712,802 shares (Indirect, By 2012 David Rosenblatt Family Trust dtd 11/30/2012)
Footnotes (6)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- F2. These shares were retained by Issuer via settlement on a net withholding basis in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of restricted stock units ("RSUs") granted to the reporting person on March 15, 2023, March 8, 2024, March 14, 2025 and March 16, 2026. None of these shares were sold in an open market transaction.
- F3. The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
- F4. The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
- F5. The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2025, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
- F6. The initial number of restricted stock units granted shall vest in 12 equal quarterly installments starting on June 8, 2026, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
Key Figures
RSU-derived common shares: 174,167 shares
Shares withheld for taxes: 96,229 shares
Tax withholding reference price: $4.73 per share
+4 more
7 metrics
RSU-derived common shares
174,167 shares
Aggregate underlying common shares from four RSU transactions on September 8, 2026
Shares withheld for taxes
96,229 shares
Common shares retained by issuer on a net withholding basis to satisfy tax obligations
Tax withholding reference price
$4.73 per share
Price used for shares retained to meet tax withholding obligations
Indirect holdings – 2024 Laura Thalheimer Rosenblatt Family Trust
22,500 shares
Common stock held indirectly as of the reporting date
Indirect holdings – 2012 David Rosenblatt Family Trust
712,802 shares
Common stock held indirectly as of the reporting date
RSU vesting schedule (2023–2025 grants)
16 quarterly installments
RSUs vest in 16 equal quarterly installments for 2023, 2024, and 2025 grants
RSU vesting schedule (2026 grant)
12 quarterly installments
RSUs vest in 12 equal quarterly installments for the 2026 grant
Key Terms
Restricted Stock Units, net withholding basis, tax withholding obligations, contingent right
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
net withholding basis financial
"These shares were retained by Issuer via settlement on a net withholding basis"
tax withholding obligations financial
"in order to meet the tax withholding obligations of the reporting person"
contingent right financial
"represents a contingent right to receive one share of Issuer common stock"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DIBS CEO David S. Rosenblatt report in this Form 4?
He reported the vesting and settlement of multiple restricted stock unit awards into an aggregate of 174,167 shares of 1stdibs.com common stock on September 8, 2026, along with related share withholding to satisfy tax obligations.
Does this DIBS Form 4 involve a Rule 10b5-1 trading plan?
No. The document-level checkbox for Rule 10b5-1 plans is marked false, and the footnotes do not state that the transactions were made pursuant to any pre-arranged trading plan.
What are the vesting terms for Rosenblatt’s DIBS RSU grants?
Footnotes state that RSU grants vest in 16 equal quarterly installments starting on June 8, 2023, June 8, 2024, and June 8, 2025, and in 12 equal quarterly installments starting on June 8, 2026, provided he maintains a service relationship. The units have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
