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[Form 4] ThredUp Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

ThredUp (TDUP): Director reported an open-market purchase. On 11/05/2025, the reporting person, a director, purchased 65,000 shares of Class A common stock at $8.0354 per share. Following the transaction, beneficial ownership stands at 231,987 shares held directly, 368,930 shares held indirectly through the Daniel J. Nova 2000 Trust dtd 06/20/2000, and 6,890 shares held indirectly through Nova Family Enterprises.

The filing indicates the form was submitted by one reporting person. Indirect ownership details are provided in the footnotes.

Positive
  • None.
Negative
  • None.

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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*
NOVA DANIEL J

(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)
11/05/2025
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 11/05/2025 P 65,000 A $8.0354 368,930 I See Footnote(1)
Class A Common Stock 6,890 I See Footnote(2)
Class A Common Stock 231,987 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. Shares held by Daniel J. Nova 2000 Trust dtd 06/20/2000.
2. Shares held by Nova Family Enterprises.
Remarks:
/s/ Alon Rotem, Attorney-in-Fact 11/06/2025
** 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 was reported for TDUP?

A director purchased 65,000 Class A shares at $8.0354 on 11/05/2025.

What is the director’s total beneficial ownership after the TDUP trade?

Beneficial ownership is 231,987 shares direct, plus 368,930 and 6,890 shares held indirectly.

How are the indirect TDUP holdings structured?

Indirect holdings include 368,930 shares via the Daniel J. Nova 2000 Trust dtd 06/20/2000 and 6,890 shares via Nova Family Enterprises.

What was the price per share for the TDUP purchase?

The shares were purchased at $8.0354 per share.

What role does the reporting person hold at ThredUp (TDUP)?

The reporting person is a Director.

Was the TDUP Form 4 filed by one or multiple reporting persons?

It was filed by one reporting person.
Thredup Inc.

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Internet Retail
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United States
OAKLAND