1stdibs (DIBS) CEO boosts stake via RSU vesting and tax withholding
Rhea-AI Filing Summary
1stdibs.com, Inc. Chief Executive Officer David S. Rosenblatt exercised restricted stock units into 132,500 shares of common stock on March 9, 2026. To satisfy tax obligations on these RSU vestings, 62,088 shares at $5.49 per share were withheld by the company rather than sold on the open market.
After these transactions, Rosenblatt directly owns 2,047,198 shares of common stock. Additional indirect holdings are reported through family trusts holding 22,500 and 665,302 shares, respectively.
Positive
- None.
Negative
- None.
Insights
CEO’s Form 4 shows routine RSU vesting with tax withholding, not open‑market trading.
The transactions reflect RSU vesting converting into 132,500 common shares for CEO David S. Rosenblatt. Code M entries are derivative exercises at a stated price of $0.0000, consistent with stock-based compensation rather than market purchases.
A Form 4 entry with code F shows 62,088 shares at $5.4900 withheld to cover tax liabilities on these vestings. Footnote language clarifies none of these shares were sold in open-market transactions, making this a mechanical tax event. Overall, Rosenblatt’s direct holdings increase to 2,047,198 shares, a routine compensation-driven change with neutral investment impact.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 37,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 47,500 | $0.00 | -- |
| Exercise | Restricted Stock Units | 47,500 | $0.00 | -- |
| Exercise | Common Stock | 37,500 | $0.00 | -- |
| Exercise | Common Stock | 47,500 | $0.00 | -- |
| Exercise | Common Stock | 47,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 62,088 | $5.49 | $341K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. 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 and March 14, 2025. None of these shares were sold in an open market transaction. 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. 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. 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.
