ThredUp (TDUP) director boosts stake with 13,157-share open-market buy

Rhea-AI Filing Summary

ThredUp Inc. director Patricia Nakache, through the Gordan/Nakache Family Trust, bought 13,157 shares of Class A Common Stock in an open-market transaction at $3.73 per share on March 10, 2026. After this trade, the trust held 14,017 shares indirectly, and Nakache also held 298,087 shares directly.

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^*

Nakache Patricia

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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	03/10/2026		P(1)		13,157	A	$3.73	14,017	I	By Gordan/Nakache Family Trust U/A DTD 11/30/2001(2)
Class A Common Stock								298,087	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. Open market purchase of shares in accordance with Issuer's trading policies.

2. Held indirectly by Gordan/Nakache Family Trust U/A DTD 11/30/2001. The Reporting Person serves as a trustee for the trust.

Remarks:

	/s/ Alon Rotem, Attorney-in-Fact	03/10/2026
	** 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 Patricia Nakache?

ThredUp reported that director Patricia Nakache’s family trust bought 13,157 Class A Common shares on March 10, 2026. The purchase was an open-market trade executed under the company’s trading policies, increasing her overall reported holdings in the company.

At what price were the ThredUp (TDUP) shares purchased by the Nakache family trust?

The Gordan/Nakache Family Trust purchased ThredUp Class A Common Stock at $3.73 per share. This transaction was described as an open-market purchase carried out in accordance with ThredUp’s trading policies, reflecting a discretionary buy at that trading price.

How many ThredUp (TDUP) shares does the Nakache family trust hold after the transaction?

Following the March 10, 2026 purchase, the Gordan/Nakache Family Trust held 14,017 ThredUp Class A Common shares indirectly. This balance reflects the updated trust position after acquiring 13,157 shares in the reported open-market transaction involving the director-associated trust.

What are Patricia Nakache’s direct ThredUp (TDUP) share holdings after this Form 4?

After the reported transactions, Patricia Nakache held 298,087 ThredUp Class A Common shares directly. This direct position is separate from the 14,017 shares held indirectly through the Gordan/Nakache Family Trust, as disclosed in the same Form 4 filing entry.

Is the ThredUp (TDUP) insider purchase by Patricia Nakache made through a trust?

Yes. The disclosed purchase was made by the Gordan/Nakache Family Trust, where Patricia Nakache serves as a trustee. The Form 4 notes these shares are held indirectly by the trust, while she separately holds additional shares directly in her own name.

Does the ThredUp (TDUP) Form 4 mention any trading policy for this insider purchase?

The filing states that the 13,157-share purchase was an open-market transaction made in accordance with ThredUp’s trading policies. This indicates the trade followed the company’s internal rules governing when and how insiders may buy the company’s stock.