STOCK TITAN

[Form 4] ThredUp Inc. Insider Trading Activity

Filing Impact
(High)
Filing Sentiment
(Very Negative)
Form Type
4
Rhea-AI Filing Summary

Reinhart James G., Chief Executive Officer and director of ThredUp Inc. (TDUP), reported two open-market sales of Class A common stock. He disposed of 158,514 shares on 08/06/2025 at a weighted-average price of $10.2001 (sales ranged $10.20–$10.23) and 406,372 shares on 08/08/2025 at a weighted-average price of $9.9087 (sales ranged $9.75–$10.00). After these transactions the reporting person’s beneficial ownership of Class A common stock is reported as 763,764 shares.

The Form 4 is signed by an attorney-in-fact and lists the filing as by a single reporting person. The disclosure provides specific share counts, weighted-average prices and the post-transaction beneficial ownership reported on the form.

Reinhart James G., Chief Executive Officer e membro del consiglio di ThredUp Inc. (TDUP), ha comunicato due vendite sul mercato aperto di azioni ordinarie di Classe A. Ha ceduto 158,514 azioni il 08/06/2025 a un prezzo medio ponderato di $10.2001 (operazioni tra $10.20–$10.23) e 406,372 azioni il 08/08/2025 a un prezzo medio ponderato di $9.9087 (operazioni tra $9.75–$10.00). Dopo queste operazioni la partecipazione beneficiaria della persona che presenta la comunicazione in azioni ordinarie di Classe A è riportata in 763,764 azioni.

Il Modulo 4 è firmato da un procuratore (attorney-in-fact) e indica la presentazione a nome di un unico soggetto comunicante. La comunicazione fornisce i conteggi specifici delle azioni, i prezzi medi ponderati e la partecipazione beneficiaria post-trasazione così come indicato nel modulo.

Reinhart James G., Chief Executive Officer y director de ThredUp Inc. (TDUP), reportó dos ventas en el mercado abierto de acciones ordinarias Clase A. Disposición de 158,514 acciones el 08/06/2025 a un precio promedio ponderado de $10.2001 (operaciones entre $10.20–$10.23) y de 406,372 acciones el 08/08/2025 a un precio promedio ponderado de $9.9087 (operaciones entre $9.75–$10.00). Tras estas transacciones, la propiedad beneficiaria de la persona que reporta sobre acciones ordinarias Clase A se indica como 763,764 acciones.

El Formulario 4 está firmado por un apoderado (attorney-in-fact) y figura presentado por una sola persona informante. La divulgación proporciona los recuentos de acciones, los precios promedio ponderados y la propiedad beneficiaria posterior a la transacción tal como consta en el formulario.

Reinhart James G., ThredUp Inc. (TDUP)의 최고경영자(Chief Executive Officer) 겸 이사는 클래스 A 보통주에 대한 장내 매도 2건을 신고했습니다. 그는 08/06/2025에 158,514주를 가중평균 가격 $10.2001(거래 범위 $10.20–$10.23)에 매도했고, 08/08/2025에 406,372주를 가중평균 가격 $9.9087(거래 범위 $9.75–$10.00)에 매도했습니다. 이들 거래 이후 신고인의 클래스 A 보통주에 대한 실소유 지분은 763,764주로 보고되었습니다.

Form 4는 대리인(attorney-in-fact)이 서명했으며 단일 신고인에 의해 제출된 것으로 기재되어 있습니다. 공시는 구체적인 주식 수, 가중평균 가격 및 거래 후 실소유 지분을 양식에 기재된 대로 제공합니다.

Reinhart James G., Chief Executive Officer et administrateur de ThredUp Inc. (TDUP), a déclaré deux ventes en marché ouvert d'actions ordinaires de catégorie A. Il a cédé 158,514 actions le 08/06/2025 à un prix moyen pondéré de $10.2001 (transactions entre $10.20–$10.23) et 406,372 actions le 08/08/2025 à un prix moyen pondéré de $9.9087 (transactions entre $9.75–$10.00). Après ces opérations, la participation bénéficiaire de la personne déclarante en actions ordinaires de catégorie A est indiquée comme étant de 763,764 actions.

Le Formulaire 4 est signé par un mandataire (attorney-in-fact) et indique que le dépôt est effectué par une seule personne déclarante. La divulgation fournit les nombres d'actions spécifiques, les prix moyens pondérés et la participation bénéficiaire post-transaction tels qu'inscrits sur le formulaire.

Reinhart James G., Chief Executive Officer und Direktor von ThredUp Inc. (TDUP), meldete zwei Verkäufe von Class-A-Stammaktien am offenen Markt. Er veräußerte am 08/06/2025 158,514 Aktien zu einem gewichteten Durchschnittspreis von $10.2001 (Transaktionen zwischen $10.20–$10.23) und am 08/08/2025 406,372 Aktien zu einem gewichteten Durchschnittspreis von $9.9087 (Transaktionen zwischen $9.75–$10.00). Nach diesen Transaktionen wird das wirtschaftliche Eigentum der meldenden Person an Class-A-Stammaktien mit 763,764 Aktien angegeben.

Das Formular 4 ist von einem Bevollmächtigten (attorney-in-fact) unterzeichnet und gibt die Meldung als durch eine einzelne meldende Person vorgenommen an. Die Offenlegung enthält die genauen Aktienzahlen, die gewichteten Durchschnittspreise und das nach der Transaktion ausgewiesene wirtschaftliche Eigentum, wie im Formular angegeben.

Positive
  • Transparent disclosure of insider transactions with explicit share counts, weighted-average prices and post-transaction beneficial ownership
Negative
  • CEO sold a large block of shares: total of 564,886 Class A shares disposed in two transactions
  • Beneficial ownership declined to 763,764 shares after the reported sales
  • Sales occurred at prices near $10 (weighted averages $10.2001 and $9.9087), which may be perceived negatively by some investors

Insights

TL;DR: CEO sold a material block of shares in two open-market transactions, reducing his reported beneficial ownership to 763,764 shares.

The Form 4 documents two separate sales totaling 564,886 Class A shares executed at weighted-average prices of $10.2001 and $9.9087, with disclosed price ranges of $10.20–$10.23 and $9.75–$10.00 respectively. From a market-impact perspective, the disclosed volumes and specific weighted-average prices are significant because they quantify insider liquidity events and show precise post-sale beneficial ownership of 763,764 shares. The filing offers clear, itemized data for investors to model dilution or insider disposition but does not state intent or provide further context for the sales.

TL;DR: The disclosure is complete on face value; large insider sales by the CEO are material facts for governance review.

The Form 4 shows the reporting person holds both director and officer roles and executed two open-market dispositions totaling 564,886 shares. The form includes weighted-average sale prices and the resulting beneficial ownership figure, which are the key governance data points for assessing insider alignment with shareholders. The signature is by an attorney-in-fact, indicating the filing was prepared and attested by an authorized representative. The document contains the statutory disclosures required for Section 16 trading but provides no explanation of the purpose behind the sales.

Reinhart James G., Chief Executive Officer e membro del consiglio di ThredUp Inc. (TDUP), ha comunicato due vendite sul mercato aperto di azioni ordinarie di Classe A. Ha ceduto 158,514 azioni il 08/06/2025 a un prezzo medio ponderato di $10.2001 (operazioni tra $10.20–$10.23) e 406,372 azioni il 08/08/2025 a un prezzo medio ponderato di $9.9087 (operazioni tra $9.75–$10.00). Dopo queste operazioni la partecipazione beneficiaria della persona che presenta la comunicazione in azioni ordinarie di Classe A è riportata in 763,764 azioni.

Il Modulo 4 è firmato da un procuratore (attorney-in-fact) e indica la presentazione a nome di un unico soggetto comunicante. La comunicazione fornisce i conteggi specifici delle azioni, i prezzi medi ponderati e la partecipazione beneficiaria post-trasazione così come indicato nel modulo.

Reinhart James G., Chief Executive Officer y director de ThredUp Inc. (TDUP), reportó dos ventas en el mercado abierto de acciones ordinarias Clase A. Disposición de 158,514 acciones el 08/06/2025 a un precio promedio ponderado de $10.2001 (operaciones entre $10.20–$10.23) y de 406,372 acciones el 08/08/2025 a un precio promedio ponderado de $9.9087 (operaciones entre $9.75–$10.00). Tras estas transacciones, la propiedad beneficiaria de la persona que reporta sobre acciones ordinarias Clase A se indica como 763,764 acciones.

El Formulario 4 está firmado por un apoderado (attorney-in-fact) y figura presentado por una sola persona informante. La divulgación proporciona los recuentos de acciones, los precios promedio ponderados y la propiedad beneficiaria posterior a la transacción tal como consta en el formulario.

Reinhart James G., ThredUp Inc. (TDUP)의 최고경영자(Chief Executive Officer) 겸 이사는 클래스 A 보통주에 대한 장내 매도 2건을 신고했습니다. 그는 08/06/2025에 158,514주를 가중평균 가격 $10.2001(거래 범위 $10.20–$10.23)에 매도했고, 08/08/2025에 406,372주를 가중평균 가격 $9.9087(거래 범위 $9.75–$10.00)에 매도했습니다. 이들 거래 이후 신고인의 클래스 A 보통주에 대한 실소유 지분은 763,764주로 보고되었습니다.

Form 4는 대리인(attorney-in-fact)이 서명했으며 단일 신고인에 의해 제출된 것으로 기재되어 있습니다. 공시는 구체적인 주식 수, 가중평균 가격 및 거래 후 실소유 지분을 양식에 기재된 대로 제공합니다.

Reinhart James G., Chief Executive Officer et administrateur de ThredUp Inc. (TDUP), a déclaré deux ventes en marché ouvert d'actions ordinaires de catégorie A. Il a cédé 158,514 actions le 08/06/2025 à un prix moyen pondéré de $10.2001 (transactions entre $10.20–$10.23) et 406,372 actions le 08/08/2025 à un prix moyen pondéré de $9.9087 (transactions entre $9.75–$10.00). Après ces opérations, la participation bénéficiaire de la personne déclarante en actions ordinaires de catégorie A est indiquée comme étant de 763,764 actions.

Le Formulaire 4 est signé par un mandataire (attorney-in-fact) et indique que le dépôt est effectué par une seule personne déclarante. La divulgation fournit les nombres d'actions spécifiques, les prix moyens pondérés et la participation bénéficiaire post-transaction tels qu'inscrits sur le formulaire.

Reinhart James G., Chief Executive Officer und Direktor von ThredUp Inc. (TDUP), meldete zwei Verkäufe von Class-A-Stammaktien am offenen Markt. Er veräußerte am 08/06/2025 158,514 Aktien zu einem gewichteten Durchschnittspreis von $10.2001 (Transaktionen zwischen $10.20–$10.23) und am 08/08/2025 406,372 Aktien zu einem gewichteten Durchschnittspreis von $9.9087 (Transaktionen zwischen $9.75–$10.00). Nach diesen Transaktionen wird das wirtschaftliche Eigentum der meldenden Person an Class-A-Stammaktien mit 763,764 Aktien angegeben.

Das Formular 4 ist von einem Bevollmächtigten (attorney-in-fact) unterzeichnet und gibt die Meldung als durch eine einzelne meldende Person vorgenommen an. Die Offenlegung enthält die genauen Aktienzahlen, die gewichteten Durchschnittspreise und das nach der Transaktion ausgewiesene wirtschaftliche Eigentum, wie im Formular angegeben.

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*
Reinhart James G.

(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
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025
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 08/06/2025 S 158,514 D $10.2001(1) 1,170,136 D
Class A Common Stock 08/08/2025 S 406,372 D $9.9087(2) 763,764 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. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.20 to $10.23 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $9.75 to $10.00 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Remarks:
/s/ Alon Rotem, Attorney-in-Fact 08/08/2025
** 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

Who filed the Form 4 for TDUP?

Reinhart James G., identified as Chief Executive Officer and director, is the reporting person named on the form.

What transactions were reported on the TDUP Form 4?

Two open-market sales of Class A common stock: 158,514 shares on 08/06/2025 (weighted-average $10.2001) and 406,372 shares on 08/08/2025 (weighted-average $9.9087).

How many TDUP shares does the reporting person own after these transactions?

The Form 4 reports 763,764 shares of Class A common stock beneficially owned following the reported transactions.

What were the price ranges for the sales reported on the Form 4?

Footnotes disclose sale price ranges: $10.20–$10.23 for the 08/06/2025 sales and $9.75–$10.00 for the 08/08/2025 sales.

Who signed the Form 4?

The form is signed by Alon Rotem, Attorney-in-Fact (signature appears on the filing).
Thredup Inc.

NASDAQ:TDUP

TDUP Rankings

TDUP Latest News

TDUP Latest SEC Filings

TDUP Stock Data

1.25B
91.06M
5.44%
62.79%
6.74%
Internet Retail
Retail-catalog & Mail-order Houses
Link
United States
OAKLAND