ThredUp (TDUP) grants director Coretha Rushing 37,265 RSUs

Rhea-AI Filing Summary

Rushing Coretha M reported acquisition or exercise transactions in this Form 4 filing.

ThredUp Inc. director Coretha M. Rushing received an equity award of 37,265 restricted stock units (RSUs), each representing one share of Class A common stock. This is a compensation grant with no cash paid by the director.

The RSUs vest in full on the earlier of May 20, 2027 or ThredUp’s next annual stockholder meeting, as long as she continues serving on the board through that date. After this grant, she directly holds 191,161 Class A shares, including the awarded RSUs.

Distribution of the vested shares has been deferred at her election until the earliest of 30 days after board service ends, a qualifying change-of-control “Sale Event,” or 30 days after her death, consistent with Section 409A of the tax code.

Insider Trade Summary

Net Buyer: 37,265 shares

Net Buy 1 txn

Insider Rushing Coretha M

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	37,265	$0.00	$0.00

Holdings After Transaction: Class A Common Stock — 191,161 shares (Direct)

Footnotes (1)

1. F1. These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of (i) May 20, 2027 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date. The Reporting Person elected to defer distribution until the earliest of (a) 30 days after the Reporting Person's separation from service on the Board within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A"), (b) a Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan) that constitutes a change in control under Section 409A, or (c) 30 days after the Reporting Person's death.

Key Figures

RSUs granted: 37,265 units Post-grant holdings: 191,161 shares Vesting date trigger: May 20, 2027 +1 more

4 metrics

RSUs granted 37,265 units Equity award of Class A common stock RSUs

Post-grant holdings 191,161 shares Total Class A common shares directly held after grant

Vesting date trigger May 20, 2027 RSUs vest on earlier of this date or next annual meeting

Transaction price per share $0.00/share Equity compensation grant, no purchase price paid

Key Terms

RSUs, Section 409A, Sale Event, 2021 Stock Option and Incentive Plan

4 terms

RSUs financial

"These shares represent RSUs. Each RSU represents a contingent right to receive one share..."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

Section 409A regulatory

"within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended..."

Sale Event financial

"a Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan)..."

2021 Stock Option and Incentive Plan financial

"Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan)..."

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 05/21/2026 - 04:06 PM Learn about SEC filing dates

FAQ

What did ThredUp (TDUP) director Coretha M. Rushing receive in this Form 4?

Coretha M. Rushing received an award of 37,265 restricted stock units (RSUs) tied to ThredUp Class A common stock. Each RSU converts into one share upon distribution, reflecting equity-based director compensation rather than an open-market stock purchase.

When do Coretha M. Rushing’s 37,265 ThredUp RSUs vest?

The 37,265 RSUs vest in full on the earlier of May 20, 2027 or ThredUp’s next annual stockholder meeting. Vesting is conditioned on her continued service on the board through that date, making this a service-based equity award.

How many ThredUp shares does Coretha M. Rushing hold after this RSU grant?

Following the grant, Coretha M. Rushing directly holds 191,161 shares of ThredUp Class A common stock, including the 37,265 RSUs reported in this filing. This total reflects her updated direct equity position after the compensation award.

How will Coretha M. Rushing’s ThredUp RSUs be distributed once vested?

Rushing elected to defer distribution of vested RSUs until the earliest of 30 days after leaving the board, a qualifying change‑of‑control Sale Event, or 30 days after death. This deferral structure follows Section 409A rules under the U.S. tax code.

Is the ThredUp (TDUP) Form 4 transaction a market buy or sell?

The reported transaction is not a market buy or sell. It is a grant of 37,265 RSUs at no cost to the director, representing equity compensation rather than an open‑market transaction involving cash outlay or sale proceeds.

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^*

Rushing Coretha M

(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)
05/20/2026

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	05/20/2026		A(1)		37,265	A	$0	191,161	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. These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of (i) May 20, 2027 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date. The Reporting Person elected to defer distribution until the earliest of (a) 30 days after the Reporting Person's separation from service on the Board within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A"), (b) a Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan) that constitutes a change in control under Section 409A, or (c) 30 days after the Reporting Person's death.

Remarks:

	/s/ Alon Rotem, Attorney-in-Fact	05/22/2026
	** 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)