ThredUp (TDUP) COO boosts holdings as RSU grants vest into shares

Rhea-AI Filing Summary

ThredUp Inc. Chief Operating Officer Homer Christopher reported the vesting and conversion of restricted stock units into Class A Common Stock. On March 1, 2026, RSU awards covering an aggregate of 122,495 shares were exercised at a price of $0.00 per share, reflecting scheduled equity compensation.

These RSUs come from prior grants of 650,000, 475,000, and 344,941 units awarded in 2024, 2025, and 2026, each vesting in twelve equal quarterly installments, subject to continued service. Following these transactions, Christopher directly owned 1,344,647 shares of ThredUp Class A Common Stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Homer Christopher

(Last) (First) (Middle)

C/O THREDUP INC.

969 BROADWAY, SUITE 200

(Street)

OAKLAND CA 94607

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ThredUp Inc. [ TDUP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	03/01/2026		M		54,167	A	$0	1,276,319	D
Class A Common Stock	03/01/2026		M		39,583	A	$0	1,315,902	D
Class A Common Stock	03/01/2026		M		28,745	A	$0	1,344,647	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/01/2026		M			54,167	(2)	(2)	Class A Common Stock	54,167	$0	824,108	D
Restricted Stock Units	(1)	03/01/2026		M			39,583	(3)	(3)	Class A Common Stock	39,583	$0	784,525	D
Restricted Stock Units	(1)	03/01/2026		M			28,745	(4)	(4)	Class A Common Stock	28,745	$0	755,780	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. On February 26, 2024, the Reporting Person was granted 650,000 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.

3. On January 9, 2025, the Reporting Person was granted 475,000 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.

4. On January 28, 2026, the Reporting Person was granted 344,941 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.

Remarks:

	/s/ Alon Rotem, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did ThredUp (TDUP) report for Homer Christopher?

ThredUp reported that COO Homer Christopher acquired shares through RSU vesting and conversion on March 1, 2026. Multiple restricted stock unit grants partially vested and were settled into Class A Common Stock at a price of $0.00 per share as part of his equity compensation.

How many ThredUp Class A shares did the COO receive from RSU vesting?

The COO received a total of 122,495 ThredUp Class A shares through RSU exercises on March 1, 2026. These shares came from three separate restricted stock unit grants that vested in line with their quarterly installment schedules tied to continued service.

What RSU grants does ThredUp (TDUP) COO Homer Christopher hold?

Homer Christopher holds RSU grants of 650,000 units from February 26, 2024, 475,000 units from January 9, 2025, and 344,941 units from January 28, 2026. Each grant vests in twelve equal quarterly installments, contingent on his continued service to ThredUp Inc.

What is the vesting schedule for the ThredUp RSUs granted to the COO?

Each RSU grant to the COO vests in twelve equal quarterly installments on June 1, September 1, December 1, and March 1. Vesting continues until fully vested and is conditioned on his continued service to ThredUp on each applicable vesting date.

How many ThredUp Class A shares does the COO own after these transactions?

After the reported March 1, 2026 RSU conversions, the COO directly owned 1,344,647 shares of ThredUp Class A Common Stock. This figure reflects his updated direct ownership position following the settlement of vested restricted stock units into common shares.

Were the ThredUp COO’s RSU exercises open-market stock purchases?

No, the transactions involved the exercise or conversion of restricted stock units into ThredUp Class A Common Stock at $0.00 per share. They represent equity compensation vesting rather than open-market stock purchases or sales by the Chief Operating Officer.