ThredUp (TDUP) director Amanda Ginsberg receives 37,265-share RSU award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ginsberg Amanda reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Amanda Ginsberg reported an equity award and updated holdings. She received 37,265 shares of Class A Common Stock as a stock grant with no cash price, increasing her direct ownership to 265,745 shares after the transaction.
The grant consists of RSUs, each representing one share of Class A Common Stock, that vest in full on the earlier of May 20, 2027 or ThredUp’s next annual meeting of stockholders, subject to her continued service. Separately, 21,428 shares are held indirectly by the Summit 230 Trust, of which she is a co‑trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ginsberg Amanda
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 37,265 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 265,745 shares (Direct, null);
Class A Common Stock — 21,428 shares (Indirect, By Trust)
Footnotes (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. Shares held of record by Summit 230 Trust dtd 10/11/2019, of which the Reporting Person is a co-trustee.
Key Figures
RSU grant size: 37,265 shares
Grant price: $0.00 per share
Direct holdings after grant: 265,745 shares
+2 more
5 metrics
RSU grant size
37,265 shares
Class A Common Stock RSU award coded as acquisition
Grant price
$0.00 per share
RSU award issued as compensation, not a market purchase
Direct holdings after grant
265,745 shares
Class A Common Stock directly owned by Ginsberg post-transaction
Indirect trust holdings
21,428 shares
Shares held by Summit 230 Trust where Ginsberg is co‑trustee
Vesting date trigger
May 20, 2027
RSUs vest on earlier of this date or next annual meeting
Key Terms
RSUs, Class A Common Stock, Summit 230 Trust, annual meeting of stockholders, +1 more
5 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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Summit 230 Trust financial
"Shares held of record by Summit 230 Trust dtd 10/11/2019, of which the Reporting Person is a co-trustee"
annual meeting of stockholders regulatory
"The RSUs vest in full on the earlier of (i) May 20, 2027 or (ii) the Issuer's next annual meeting of stockholders"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did ThredUp (TDUP) director Amanda Ginsberg report?
Amanda Ginsberg reported an equity award of 37,265 shares of ThredUp Class A Common Stock. The award is structured as restricted stock units (RSUs) that convert into shares upon vesting, reflecting compensation rather than an open-market stock purchase or sale.
What are the vesting terms of Amanda Ginsberg’s RSU grant at ThredUp (TDUP)?
The 37,265 RSUs vest in full on the earlier of May 20, 2027 or ThredUp’s next annual meeting of stockholders. Vesting is conditioned on Ginsberg’s continued service to the company through the applicable vesting date, aligning the award with ongoing board tenure.
Is Amanda Ginsberg’s ThredUp (TDUP) Form 4 a market purchase or sale?
The Form 4 does not show a market purchase or sale; it reflects a stock grant coded as an “A” transaction. The RSUs were awarded at a price of $0.00 per share as compensation, rather than being bought or sold on the open market.