ThredUp shareholders reelect directors, OK auditor
ThredUp Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 20, 2026.
Rhea-AI Filing Summary
ThredUp Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 20, 2026. Stockholders representing 115,415,334 shares, or 297,073,512 votes, were present in person or by proxy, establishing a quorum for conducting business.
Three Class II directors—James Reinhart, Dan Nova, and Kelly Bodnar Battles—were elected to serve until the 2029 annual meeting. Each nominee received over 259 million votes "for," with broker non-votes recorded. Stockholders also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 296,770,804 votes "for," 142,987 "against," and 159,721 abstentions.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Votes represented: 297,073,512 votes
Shares represented: 115,415,334 shares
Votes for James Reinhart: 260,351,414 votes
+5 more
8 metrics
Votes represented
297,073,512 votes
Voting power present at 2026 Annual Meeting
Shares represented
115,415,334 shares
Common stock present in person or by proxy at meeting
Votes for James Reinhart
260,351,414 votes
Election as Class II director
Votes for Dan Nova
259,682,875 votes
Election as Class II director
Votes for Kelly Bodnar Battles
272,981,526 votes
Election as Class II director
Votes for Deloitte ratification
296,770,804 votes
Ratification as independent registered public accounting firm for 2026
Votes against Deloitte ratification
142,987 votes
Ratification of Deloitte & Touche LLP
Abstentions on Deloitte ratification
159,721 votes
Ratification of Deloitte & Touche LLP
Key Terms
Annual Meeting of Stockholders, Record Date, broker non-votes, independent registered public accounting firm, +1 more
5 terms
Annual Meeting of Stockholders financial
"On May 20, 2026, the Company held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”)."
Record Date financial
"Holders of the Company’s Class A common stock were entitled to one vote for each share held as of the close of business on March 27, 2026 (the “Record Date”)"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
broker non-votes financial
"The results of such vote were Nominee | Votes For | Votes Withheld | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"The stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
quorum financial
"present in person or by proxy were holders of 115,415,334 shares of common stock, together representing a total of 297,073,512 votes, or a majority of the voting power ... and constituting a quorum under the Company’s bylaws."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ThredUp (TDUP) stockholders vote on at the 2026 Annual Meeting?
Stockholders voted on two items: electing three Class II directors and ratifying Deloitte & Touche LLP as independent auditor for 2026. Both proposals received strong approval based on the reported vote totals at the May 20, 2026 meeting.
Were ThredUp (TDUP) director nominees elected at the 2026 Annual Meeting?
Yes. James Reinhart, Dan Nova, and Kelly Bodnar Battles were elected as Class II directors to serve until the 2029 annual meeting. Each nominee received more than 259 million votes "for," with additional broker non-votes recorded, indicating broad stockholder support.
How many votes were represented at ThredUp’s 2026 Annual Meeting of Stockholders?
Holders of 115,415,334 shares of ThredUp common stock were present in person or by proxy, representing 297,073,512 votes. This represented a majority of the voting power outstanding as of the March 27, 2026 record date and constituted a quorum under the bylaws.
Did ThredUp (TDUP) stockholders approve Deloitte & Touche as auditor for 2026?
Yes. Stockholders ratified the appointment of Deloitte & Touche LLP as ThredUp’s independent registered public accounting firm for the year ending December 31, 2026, with 296,770,804 votes in favor, 142,987 against, and 159,721 abstentions reported in the results.
How are voting rights structured for ThredUp Class A and Class B common stock?
Holders of Class A common stock were entitled to one vote per share as of the March 27, 2026 record date, while holders of Class B common stock were entitled to ten votes per share. Both classes voted together as a single class on all proposals considered.
What constitutes a quorum for ThredUp’s Annual Meeting of Stockholders?
A quorum is reached when a majority of the voting power of all issued and outstanding common stock is present in person or by proxy. At the 2026 Annual Meeting, 297,073,512 votes were represented, meeting the quorum requirement set out in the company’s bylaws.
AI-generated analysis. How Rhea-AI works. Not financial advice.
