Director Paula Volent converts 40,926 RSUs into 1stdibs.com (DIBS) common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
1stdibs.com director Paula Volent increased her direct ownership through an equity award vesting. On 2026-06-08, she exercised restricted stock units covering 40,926 shares, receiving the same number of shares of Common Stock. This was a derivative exercise, not an open‑market purchase or sale.
Following the transaction, Volent directly owns 115,544 shares of Common Stock. The corresponding 40,926 restricted stock units were fully converted, leaving no remaining units from this grant. The RSUs carried no cash exercise price and each unit represented the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
40,926 shares exercised/converted
Mixed
2 txns
Insider
Volent Paula
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 40,926 | $0.00 | -- |
| Exercise | Common Stock | 40,926 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 115,544 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer common stock. The restricted stock units have no expiration date.
Key Figures
RSUs exercised: 40,926 units
Shares received: 40,926 shares
Post-transaction holdings: 115,544 shares
+2 more
5 metrics
RSUs exercised
40,926 units
Restricted Stock Units converted to Common Stock on June 8, 2026
Shares received
40,926 shares
Common Stock acquired via RSU exercise on June 8, 2026
Post-transaction holdings
115,544 shares
Common Stock directly owned by Paula Volent after transaction
Exercise price
$0.00 per share
Stated transaction price per share for RSU conversion
Remaining RSUs from this grant
0 units
Restricted stock units balance after full conversion
Key Terms
Restricted Stock Units, derivative security, Common Stock, direct ownership
4 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer common stock."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
direct ownership financial
"ownership_type: direct"
FAQ
What insider transaction did 1stdibs.com (DIBS) director Paula Volent report?
Paula Volent reported exercising restricted stock units into 40,926 shares of 1stdibs.com Common Stock. This was a derivative exercise of an equity award, not an open-market trade, and increased her directly held share count without any reported sale.
Did Paula Volent buy or sell 1stdibs.com (DIBS) stock on the market?
The Form 4 shows no open-market buy or sell by Paula Volent. Instead, she exercised 40,926 restricted stock units into Common Stock at a stated price of $0.00 per share, a standard equity award conversion rather than a market transaction.
What happened to Paula Volent’s restricted stock units in 1stdibs.com (DIBS)?
40,926 restricted stock units were converted into 40,926 shares of Common Stock. Following this exercise, the reported balance of those restricted stock units is zero, indicating the entire reported award was settled in shares in this transaction.
Do the 1stdibs.com (DIBS) restricted stock units have an expiration date?
The footnotes state that the restricted stock units have no expiration date. Each unit represented a contingent right to receive one share of 1stdibs.com Common Stock, which in this filing was exercised and converted into shares.
How is this 1stdibs.com (DIBS) Form 4 transaction classified by the SEC codes?
The transaction is coded "M" for an exercise or conversion of a derivative security. It reflects a derivative exercise/conversion of restricted stock units into 40,926 shares of Common Stock, increasing Paula Volent’s direct holdings to 115,544 shares.