1stdibs.com, Inc. (DIBS) received a Schedule 13G from a group of related investors led by Kanen Wealth Management LLC and David L. Kanen, reporting a significant ownership position in its common stock. As of the close of business on February 6, 2026, the reporting group beneficially owned 1,936,801 shares of 1stdibs.com common stock.
Based on 36,614,348 shares outstanding as of September 30, 2025, this stake represents approximately 5.3% of the company’s outstanding shares. Within that total, Philotimo Fund LP holds 1,212,281 shares (about 3.3%), and Philotimo Focused Growth & Income Fund holds 722,020 shares (about 2.0%). The investors certify that the shares were not acquired to change or influence control of 1stdibs.com, but they are treated as a group for reporting purposes.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
1stdibs.com, Inc.
(Name of Issuer)
Common Stock, $0.01 par value per share
(Title of Class of Securities)
320551104
(CUSIP Number)
02/02/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
320551104
1
Names of Reporting Persons
Philotimo Fund, LP
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,212,281.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,212,281.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,212,281.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
3.3 %
12
Type of Reporting Person (See Instructions)
PN
SCHEDULE 13G
CUSIP No.
320551104
1
Names of Reporting Persons
Kanen Wealth Management LLC
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
FLORIDA
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,936,801.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,936,801.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,936,801.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
IA
SCHEDULE 13G
CUSIP No.
320551104
1
Names of Reporting Persons
Philotimo Focused Growth & Income Fund
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
722,020.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
722,020.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
722,020.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
2.0 %
12
Type of Reporting Person (See Instructions)
OO
SCHEDULE 13G
CUSIP No.
320551104
1
Names of Reporting Persons
Kanen David
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
1,936,801.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
1,936,801.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
1,936,801.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.3 %
12
Type of Reporting Person (See Instructions)
IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
1stdibs.com, Inc.
(b)
Address of issuer's principal executive offices:
300 PARK AVENUE SOUTH, 10TH FLOOR, NEW YORK, NEW YORK, 10010.
Item 2.
(a)
Name of person filing:
This statement is filed by Philotimo Fund LP, a Delaware limited partnership (Philotimo), Philotimo Focused Growth & Income Fund, a series of World Funds Trust, a Delaware statutory trust (PHLOX), Kanen Wealth Management, LLC, a Florida limited liability company (KWM), and David L. Kanen. Each of the foregoing is referred to as a "Reporting Person" and collectively as the "Reporting Persons."
KWM is the general partner of Philotimo and the investment manager of PHLOX and certain separately managed accounts (the Managed Accounts). Mr. Kanen serves as the managing member of KWM. By virtue of these relationships, KWM and Mr. Kanen may be deemed to beneficially own the Common Shares,$0.01 par value per share (the Shares), of 1stdibs.com, Inc. (the Issuer), owned by each of Philotimo, PHLOX and the Managed Accounts.
(b)
Address or principal business office or, if none, residence:
The principal business address of each of Philotimo, KWM, PHLOX and Mr. Kanen is 6810 Lyons Technology Circle, Suite 160, Coconut Creek, FL 33073.
(c)
Citizenship:
Philotimo is organized under the laws of the State of Delaware. PHLOX is a series of World Funds Trust, a statutory trust organized under the laws of the State of Delaware. KWM is organized under the laws of the State of Florida. Mr. Kanen is a citizen of the United States of America.
(d)
Title of class of securities:
Common Stock, $0.01 par value per share
(e)
CUSIP No.:
320551104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
As of the close of business on February 6, 2026:
(i) Philotimo beneficially owned 1,212,281 Shares;
(ii) PHLOX beneficially owned 722,020 Shares;
(iii) KWM beneficially owned 1,936,801 Shares, consisting of (a) the 1,212,281 Shares owned directly by Philotimo, which KWM may be deemed to beneficially own as the general partner of Philotimo, (b) the 722,020 Shares owned directly by PHLOX, which KWM may be deemed to beneficially own as the investment manager of PHLOX, and (c) the 2,500 Shares held in the Managed Accounts, which KWM may be deemed to beneficially own as the investment manager of the Managed Accounts;
(iv) Mr. Kanen beneficially owned 1,936,801 Shares, consisting of (a) the 1,212,281 Shares owned directly by Philotimo, which Mr. Kanen may be deemed to beneficially own as the managing member of KWM, (b) the 722,020 Shares owned directly by PHLOX, which Mr. Kanen may be deemed to beneficially own as managing member of KWM; (c) the 2,500 Shares held in the Managed Accounts, which KWM may be deemed to beneficially own as the investment manager of the Managed Accounts.
Each Reporting Person is a member of a "group" with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended, and such group may be deemed to beneficially own the 1,936,801 Shares beneficially owned in the aggregate by all the Reporting Persons, constituting approximately 5.3% of the outstanding Shares. Each Reporting Person disclaims beneficial ownership of the Shares that he or it does not directly own.
(b)
Percent of class:
The aggregate percentage of the Shares reported owned by each person named herein is based upon 36,614,348 Shares outstanding as of September 30, 2025, which is the total number of Shares outstanding as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on November 7, 2025.
As of the close of business on February 6, 2025:
(i) Philotimo beneficially owned approximately 3.3% of the outstanding Shares;
(ii) PHLOX beneficially owned approximately 2.0% of the outstanding Shares;
(iii) KWM beneficially owned approximately 5.3% of the outstanding Shares; and
(iv) Mr. Kanen beneficially owned approximately 5.3% of the outstanding Shares.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
See Cover Pages Items 5-9.
(ii) Shared power to vote or to direct the vote:
See Cover Pages Items 5-9.
(iii) Sole power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
(iv) Shared power to dispose or to direct the disposition of:
See Cover Pages Items 5-9.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
Not Applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(K), so indicate under Item 3(k) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
See Exhibit 99.1.
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Philotimo Fund, LP
Signature:
/s/ David L. Kanen
Name/Title:
David L. Kanen, Managing Member or Kanen Wealth Management LLC, its general partner
Date:
02/06/2026
Kanen Wealth Management LLC
Signature:
/s/ David L. Kanen
Name/Title:
David L. Kanen, Managing Member
Date:
02/06/2026
Philotimo Focused Growth & Income Fund
Signature:
/s/ David L. Kanen
Name/Title:
David L. Kanen, Managing Member of Kanen Wealth Management, LLC, its investment manager
What percentage of 1stdibs.com (DIBS) does the Kanen group report owning?
The reporting group led by Kanen Wealth Management reports beneficial ownership of about 5.3% of 1stdibs.com’s outstanding common stock, based on 36,614,348 shares outstanding as of September 30, 2025, disclosed in the company’s Form 10-Q.
How many 1stdibs.com (DIBS) shares does the Kanen group beneficially own?
The reporting persons together beneficially own 1,936,801 shares of 1stdibs.com common stock. This aggregate figure includes shares held by Philotimo Fund LP, Philotimo Focused Growth & Income Fund, and managed accounts associated with Kanen Wealth Management and David L. Kanen.
Which entities in the Kanen group hold 1stdibs.com (DIBS) shares?
Key holders are Philotimo Fund LP with 1,212,281 shares, and Philotimo Focused Growth & Income Fund with 722,020 shares. Additional shares are held in separately managed accounts overseen by Kanen Wealth Management LLC and associated with David L. Kanen.
On what share count is the 5.3% 1stdibs.com (DIBS) ownership based?
The reported ownership percentages use 36,614,348 1stdibs.com common shares outstanding as of September 30, 2025. This share count comes from the company’s Form 10-Q filed with the SEC on November 7, 2025, as stated in the Schedule 13G.
When was the 1stdibs.com (DIBS) ownership by the Kanen group measured?
Beneficial ownership amounts are stated as of the close of business on February 6, 2026. The Schedule 13G details each reporting person’s share count and corresponding percentage of 1stdibs.com’s outstanding common stock on that date.
Is the Kanen group seeking to influence control of 1stdibs.com (DIBS)?
The reporting persons certify their 1stdibs.com shares were not acquired and are not held for the purpose of changing or influencing control of the company, other than activities solely in connection with a nomination under the applicable SEC proxy access rule.
