ThredUp (TDUP) Form 144: 105,000 Shares Proposed Sale ($1.14M)
ThredUp Inc. (TDUP) notice reports a proposed sale of 105,000 common shares through Morgan Stanley Smith Barney LLC on 08/21/2025 on NASDAQ, with an aggregate market value of $1,136,331.00 against 123,160,881 shares outstanding.
Rhea-AI Filing Summary
ThredUp Inc. (TDUP) notice reports a proposed sale of 105,000 common shares through Morgan Stanley Smith Barney LLC on 08/21/2025 on NASDAQ, with an aggregate market value of $1,136,331.00 against 123,160,881 shares outstanding. The shares were originally received as restricted stock in multiple grants between 05/25/2022 and 05/21/2025, with the largest grant comprising 77,363 shares on 05/21/2025. The filer reports no securities sold in the past three months and certifies no undisclosed material adverse information. This form is a Rule 144 notice of a proposed sale and documents the acquisition dates, grant types, and broker details for the planned transaction.
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Insights
TL;DR Insider plans to sell 105,000 restricted shares via Morgan Stanley, representing a small fraction of outstanding stock.
The filing documents a Rule 144 proposed sale of 105,000 common shares valued at about $1.14 million, executed through Morgan Stanley on NASDAQ. The securities were received as restricted stock across multiple grants from 2022 to 2025, with the largest single grant on 05/21/2025 for 77,363 shares. No sales in the prior three months were reported. From a market-impact perspective, 105,000 shares equal roughly 0.085% of the reported 123,160,881 shares outstanding, which is unlikely to meaningfully affect supply-demand dynamics. The disclosure is procedural and compliant with Rule 144 requirements.
TL;DR The filing is a routine insider sale notice showing restricted-stock vesting and planned disposition; no governance red flags are apparent.
The report lists multiple restricted-stock acquisitions from the issuer between 2022 and 2025 and a planned aggregated sale of those vested shares. The signer affirms absence of undisclosed material information and that no sales occurred in the prior three months. Documentation of acquisition dates and broker details aligns with standard Rule 144 compliance. There is no indication of unusual timing, clustered insider activity, or departures; the notice reads as a standard liquidity event by an insider or related person.
FAQ
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What is being reported in the TDUP Form 144?
Were any securities sold by the filer in the past three months?
Which broker will handle the proposed sale?
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