ThredUp (TDUP) director Noam Paransky takes RSU award in lieu of cash

Rhea-AI Filing Summary

Paransky Noam reported acquisition or exercise transactions in this Form 4 filing.

ThredUp Inc. director Noam Paransky received an equity grant of 3,488 shares of Class A common stock. The shares were issued at a price of $0.00 per share as a grant or award rather than an open-market purchase.

The footnote explains this is a grant of fully vested restricted stock units under ThredUp’s 2021 Stock Option and Incentive Plan, elected in lieu of his annual cash retainer, which is paid in quarterly installments. Following this award, Paransky directly holds 647,042 shares of Class A common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Paransky Noam

Role null

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	3,488	$0.00	--

Holdings After Transaction: Class A Common Stock — 647,042 shares (Direct, null)

Footnotes (1)

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Key Figures

Equity grant size: 3,488 shares Grant price per share: $0.00 per share Shares held after transaction: 647,042 shares

3 metrics

Equity grant size 3,488 shares Class A common stock grant on April 22, 2026

Grant price per share $0.00 per share RSU grant in lieu of cash retainer

Shares held after transaction 647,042 shares Paransky’s direct Class A common stock holdings post-grant

Key Terms

restricted stock units, Rule 16b-3, 2021 Stock Option and Incentive Plan, annual cash retainer

4 terms

restricted stock units financial

"Grant of fully vested restricted stock units ('RSUs') under the Issuer's 2021 Stock Option and Incentive Plan"

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.

Rule 16b-3 regulatory

"Grant of fully vested restricted stock units ('RSUs') ... in a transaction exempt under Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

2021 Stock Option and Incentive Plan financial

"under the Issuer's 2021 Stock Option and Incentive Plan in a transaction exempt under Rule 16b-3"

annual cash retainer financial

"The Reporting Person elected to receive RSUs in lieu of his annual cash retainer, which retainer is paid in quarterly installments."

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Paransky Noam

(Last) (First) (Middle)

C/O THREDUP INC. 969 BROADWAY, SUITE 200

(Street)

OAKLAND CALIFORNIA 94607

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

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

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

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

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	04/22/2026		A		3,488(1)	A	$0	647,042	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

Explanation of Responses:

1. Grant of fully vested restricted stock units ('RSUs') under the Issuer's 2021 Stock Option and Incentive Plan in a transaction exempt under Rule 16b-3. Each unit represents a right to receive one share of the Issuer's Class A Common Stock. The Reporting Person elected to receive RSUs in lieu of his annual cash retainer, which retainer is paid in quarterly installments.

Remarks:

	/s/ Alon Rotem, Attorney-in-Fact	04/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ThredUp (TDUP) director Noam Paransky report?

Noam Paransky reported receiving 3,488 shares of ThredUp Class A common stock as an equity grant. The transaction was coded as an acquisition (A), reflecting a grant or award rather than a market purchase, and increased his direct holdings to 647,042 shares.

Was Noam Paransky’s ThredUp (TDUP) share award an open-market purchase?

No, the 3,488-share transaction was a grant of restricted stock units at $0.00 per share. It represents compensation under ThredUp’s 2021 Stock Option and Incentive Plan, not an open-market buy, and is therefore routine director equity compensation.

How many ThredUp (TDUP) shares does Noam Paransky hold after this Form 4 transaction?

After receiving the 3,488-share grant, Noam Paransky directly holds 647,042 shares of ThredUp Class A common stock. This figure reflects his position following the reported acquisition and provides context for the relatively small size of the new award.

What type of equity did ThredUp (TDUP) grant to director Noam Paransky?

ThredUp granted fully vested restricted stock units, each representing one share of Class A common stock. These RSUs were issued under the company’s 2021 Stock Option and Incentive Plan as compensation in lieu of his annual cash retainer, paid quarterly.

How was Noam Paransky’s ThredUp (TDUP) board retainer paid according to the Form 4?

According to the footnote, Paransky elected to receive restricted stock units instead of his annual cash retainer. That retainer is paid in quarterly installments, and the RSU grant reflects this choice to take director compensation in stock rather than cash.