ThredUp COO sells shares to cover RSU taxes
ThredUp Inc. Chief Operating Officer Homer Christopher reported mandated sales of Class A common stock to cover taxes on vested RSUs.
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Rhea-AI Filing Summary
ThredUp Inc. Chief Operating Officer Homer Christopher reported mandated sales of Class A common stock to cover taxes on vested RSUs. On March 3, 2026, he sold a total of 69,741 shares in multiple open-market transactions at $3.8203 per share under a "sell to cover" arrangement required by the company’s equity incentive plans. After these transactions, he held 1,274,906 shares of Class A common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 30,951 | $3.8203 | $118K |
| Sale | Class A Common Stock | 22,471 | $3.8203 | $86K |
| Sale | Class A Common Stock | 16,319 | $3.8203 | $62K |
Footnotes (1)
- F1. Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
FAQ
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What did ThredUp (TDUP) COO Homer Christopher report in this Form 4?
What type of security was involved in the ThredUp (TDUP) COO’s Form 4?
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