1stdibs.com, Inc. (DIBS) CFO nets shares after RSU vesting and tax withholding
Rhea-AI Filing Summary
1stdibs.com, Inc. Chief Financial Officer Thomas J. Etergino reported routine equity compensation activity. On June 8, 2026, he exercised restricted stock units into a total of 51,035 shares of common stock and used shares instead of cash to cover taxes.
The company retained 18,400 shares at a price of $4.01 per share via net share withholding to satisfy his tax withholding obligations, and none of these shares were sold in open-market transactions. Following the tax-withholding disposition, he held 333,420 common shares directly.
The footnotes describe multiple RSU grants from 2022 through 2026 that vest in quarterly installments, conditioned on his continued service, with each RSU representing the right to receive one share of common stock and having no expiration date.
Positive
- None.
Negative
- None.
Insights
CFO’s Form 4 shows routine RSU vesting, share settlement for taxes, and no open-market selling.
Thomas J. Etergino, CFO of 1stdibs.com, Inc., exercised restricted stock units on June 8, 2026, receiving 51,035 shares of common stock. These derivative exercises are compensation-related events, not open-market purchases, and reflect previously granted equity awards now vesting into common shares.
To meet tax withholding obligations from these vestings, the company retained 18,400 shares at $4.01 per share on a net withholding basis. Footnotes explicitly state that none of these shares were sold in open-market transactions, so there is no discretionary market sale signal here.
The filing shows he held 333,420 common shares directly after the tax-withholding disposition, with no remaining derivative positions listed. RSU grants from 2022 through 2026 vest in scheduled quarterly installments, subject to continued service. Overall, this points to standard executive compensation mechanics rather than a thesis-changing insider trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,175 | $0.00 | -- |
| Exercise | Restricted Stock Units | 11,172 | $0.00 | -- |
| Exercise | Restricted Stock Units | 12,125 | $0.00 | -- |
| Exercise | Restricted Stock Units | 16,563 | $0.00 | -- |
| Exercise | Common Stock | 11,175 | $0.00 | -- |
| Exercise | Common Stock | 11,172 | $0.00 | -- |
| Exercise | Common Stock | 12,125 | $0.00 | -- |
| Exercise | Common Stock | 16,563 | $0.00 | -- |
| Tax Withholding | Common Stock | 18,400 | $4.01 | $74K |
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 June 2, 2022, March 14, 2023, March 15, 2025, and March 16, 2026. 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, 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. 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. Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on September 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.