ThredUp (TDUP) COO executes mandated share sales to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 69,741 shares ($266,432)
Net Sell
3 txns
Insider
Homer Christopher
Role
Chief Operating Officer
Sold
69,741 shs ($266K)
| 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 |
Holdings After Transaction:
Class A Common Stock — 1,313,696 shares (Direct)
Footnotes (1)
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FAQ
What did ThredUp (TDUP) COO Homer Christopher report in this Form 4?
He reported mandated open-market sales of ThredUp Class A common stock. These transactions were executed solely to cover tax withholding obligations from vesting RSUs under the company’s equity incentive plans, rather than as discretionary share sales.
What type of security was involved in the ThredUp (TDUP) COO’s Form 4?
All transactions involved ThredUp’s Class A common stock. The shares were sold on the open market to cover tax withholding tied to restricted stock units that had vested under the company’s equity incentive compensation programs.