1stdibs.com CFO gets 34K shares from RSU vesting
The CFO’s RSU vesting generated new DIBS shares, with a portion withheld to cover associated tax obligations rather than sold in the market.
Rhea-AI Filing Summary
1stdibs.com, Inc. (DIBS) reported that Chief Financial Officer Thomas J. Etergino had three blocks of restricted stock units convert into an equal number of common shares on September 8, 2026, totaling 34,472 shares. On the same date, 17,599 shares of common stock were withheld at $4.73 per share to satisfy tax withholding obligations in connection with vesting RSU installments; none of these withheld shares were sold in open market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
34,472 shares exercised/converted
Exercise
7 txns
Insider
Etergino Thomas J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 12,125 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 11,172 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 11,175 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 12,125 | -- | -- |
| Exercise | Common Stock F1 | 11,172 | -- | -- |
| Exercise | Common Stock F1 | 11,175 | -- | -- |
| Tax Withholding | Common Stock F2 | 17,599 | $4.73 | $83K |
Holdings After Transaction:
Restricted Stock Units — 300,019 contracts (Direct);
Common Stock — 350,293 shares (Direct)
Footnotes (5)
- 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, 2024, March 13, 2025, and March 13, 2026. None of these shares were sold in an open market transaction.
- F3. 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.
- F4. 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.
- F5. 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.
Key Figures
RSUs converted: 34,472 units/shares
Shares withheld for taxes: 17,599 shares
Tax withholding price: $4.73 per share
+3 more
6 metrics
RSUs converted
34,472 units/shares
Total restricted stock units converted to common stock on September 8, 2026
Shares withheld for taxes
17,599 shares
Common shares retained by issuer to satisfy tax withholding obligations
Tax withholding price
$4.73 per share
Per-share value used for shares withheld on September 8, 2026
RSU tranche 1
12,125 units/shares
Restricted stock units converted into common stock on September 8, 2026
RSU tranche 2
11,172 units/shares
Restricted stock units converted into common stock on September 8, 2026
RSU tranche 3
11,175 units/shares
Restricted stock units converted into common stock on September 8, 2026
Key Terms
Restricted Stock Units, net withholding basis, tax withholding obligations, service relationship
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"
service relationship financial
"provided the Reporting Person continues to have a service relationship with the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did DIBS Chief Financial Officer Thomas J. Etergino report on this Form 4?
He reported the conversion of 34,472 restricted stock units into an equal number of 1stdibs.com, Inc. common shares on September 8, 2026, plus a related share withholding for taxes.
How many DIBS RSUs vested and converted to common stock for the CFO?
A total of 34,472 restricted stock units vested and converted into 34,472 shares of 1stdibs.com, Inc. common stock on September 8, 2026.
Were these DIBS transactions made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as being made under a Rule 10b5-1 plan, and the footnotes do not indicate any such plan.
What do the footnotes say about the CFO’s DIBS RSU awards?
The footnotes state each restricted stock unit represents a right to receive one DIBS share and describe RSU grants that vest in quarterly installments, conditioned on the reporting person’s continued service relationship with the issuer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
