Director at ThredUp (TDUP) takes 2,211-share RSU grant instead 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 2,211 shares of Class A Common Stock on February 25, 2026. The award was made as fully vested restricted stock units under the company’s 2021 Stock Option and Incentive Plan, in a transaction exempt under Rule 16b-3. Paransky elected to receive this equity grant instead of his annual cash retainer, which is paid in quarterly installments. After this grant, he holds 643,554 shares of ThredUp Class A Common Stock directly.

Insights

Equity compensation analyst

Director received a routine, non-cash stock grant in lieu of cash fees.

ThredUp granted director Noam Paransky 2,211 fully vested RSUs, each representing one share of Class A Common Stock, under the 2021 Stock Option and Incentive Plan. The grant is categorized as a Rule 16b-3 exempt equity award, typical for director compensation.

Importantly, Paransky elected to take this award instead of his annual cash retainer, which is normally paid quarterly. This shifts part of his compensation from cash to equity but does not involve an open-market purchase or sale. The reported post-transaction holding of 643,554 shares shows his ongoing direct ownership stake.

As a standard-sized director equity award with no disclosed sale component, this event does not materially alter the overall investment profile of ThredUp. Future company filings may provide additional details on broader compensation practices and any further equity awards to directors or executives.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Paransky Noam

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	2,211	$0.00	--

Holdings After Transaction: Class A Common Stock — 643,554 shares (Direct)

Footnotes (1)

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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 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)
02/25/2026

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	02/25/2026		A		2,211(1)	A	$0	643,554	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	02/27/2026
	** 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 did ThredUp (TDUP) director Noam Paransky receive in this Form 4 filing?

Director Noam Paransky received an equity grant of 2,211 fully vested restricted stock units, each representing one share of ThredUp Class A Common Stock, under the 2021 Stock Option and Incentive Plan, classified as a grant or award acquisition.

Was the ThredUp (TDUP) director stock award a cash purchase or a non-cash grant?

The award was a non-cash equity grant. Paransky elected to receive fully vested restricted stock units instead of his annual cash retainer, which is typically paid in quarterly installments, so this transaction reflects compensation in shares rather than an open-market cash purchase.

How many ThredUp (TDUP) shares does Noam Paransky own after this transaction?

After receiving the 2,211-share grant, Noam Paransky directly owns 643,554 shares of ThredUp Class A Common Stock. This total represents his direct ownership position following the reported equity award in the Form 4 filing.

Under what plan were the ThredUp (TDUP) shares granted to director Noam Paransky?

The 2,211 fully vested restricted stock units were granted under ThredUp’s 2021 Stock Option and Incentive Plan. The filing notes that the transaction qualifies as exempt under Rule 16b-3, a common framework for director and officer equity compensation awards.

What does the transaction code A mean in ThredUp (TDUP) director’s Form 4?

Transaction code A in this Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects Paransky’s receipt of 2,211 fully vested restricted stock units as director compensation, rather than a market purchase or sale of existing shares.

Why did ThredUp (TDUP) director Paransky receive restricted stock units instead of cash?

The filing explains that Paransky elected to receive restricted stock units in lieu of his annual cash retainer. That retainer is normally paid in quarterly installments, so this election converts his director fee compensation into equity linked directly to ThredUp’s Class A Common Stock.