ThredUp Inc. filings document the public-company disclosures of an online secondhand apparel marketplace with Class A common stock trading under TDUP on Nasdaq and the Long-Term Stock Exchange. Form 8-K reports cover quarterly and annual financial results, supplemental financial information, material agreements, credit facility amendments and board appointments.
Proxy materials describe annual meeting procedures, stockholder voting matters, board structure, audit committee oversight, director compensation and related governance disclosures. The filing record also documents capital-structure items such as common stock registration and debt facility terms, including borrowing commitments, maturity, reference-rate provisions and financial covenants.
NOVA DANIEL J reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Daniel J. Nova reported an equity compensation grant of 37,265 restricted stock units (RSUs), each representing one share of Class A Common Stock. The RSUs vest in full on the earlier of May 20, 2027 or ThredUp’s next annual meeting of stockholders, subject to his continued service.
Following this grant, Nova holds 269,252 Class A shares directly. Additional Class A shares are held indirectly, including shares held by the Daniel J. Nova 2000 Trust dated 06/20/2000 and shares held by Nova Family Enterprises, reflecting separate entity ownership associated with him.
Rushing Coretha M reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Coretha M. Rushing received an equity award of 37,265 restricted stock units (RSUs), each representing one share of Class A common stock. This is a compensation grant with no cash paid by the director.
The RSUs vest in full on the earlier of May 20, 2027 or ThredUp’s next annual stockholder meeting, as long as she continues serving on the board through that date. After this grant, she directly holds 191,161 Class A shares, including the awarded RSUs.
Distribution of the vested shares has been deferred at her election until the earliest of 30 days after board service ends, a qualifying change-of-control “Sale Event,” or 30 days after her death, consistent with Section 409A of the tax code.
ThredUp Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 20, 2026. Stockholders representing 115,415,334 shares, or 297,073,512 votes, were present in person or by proxy, establishing a quorum for conducting business.
Three Class II directors—James Reinhart, Dan Nova, and Kelly Bodnar Battles—were elected to serve until the 2029 annual meeting. Each nominee received over 259 million votes "for," with broker non-votes recorded. Stockholders also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 296,770,804 votes "for," 142,987 "against," and 159,721 abstentions.
Needham Investment Management and affiliated filers report ownership of 9,275,000 shares of ThredUp Inc. Class A Common Stock as disclosed in Amendment No. 3 to Schedule 13G/A, representing 8.7% of the class as shown for the reporting period ending 03/31/2026.
The filing is a joint statement naming Needham Investment Management L.L.C., Needham Asset Management, LLC, Needham Aggressive Growth Fund and George A. Needham. The shares are reported as held for advisory clients, and the filing includes a Joint Filing Agreement and a control-person identification exhibit.
ThredUp Inc. reported higher Q1 2026 sales but remained unprofitable. Revenue reached $81.7 million, up 14.6% from $71.3 million a year earlier, driven by a 19.3% increase in orders to 1.6 million and 25.0% growth in active buyers to 1.7 million.
Gross profit was $64.7 million with a gross margin of 79.2%, roughly flat year over year. Net loss widened to $6.5 million, or a 7.9% net loss margin, compared with a $5.2 million loss and 7.3% margin in Q1 2025. Non‑GAAP Adjusted EBITDA declined to $2.7 million, a 3.4% margin, from $3.8 million and a 5.3% margin.
Operating cash flow was positive at $4.8 million. ThredUp ended March 31, 2026 with $54.4 million in cash, cash equivalents, restricted cash and marketable securities and $18.0 million outstanding under its Term Loan, with an additional $10.0 million available for equipment purchases.
ThredUp Inc. reported first quarter 2026 revenue of $81.7 million, up 15% year-over-year, with gross margin of 79.2%. Gross profit reached $64.7 million, also up 15%.
The company posted a net loss of $6.5 million (7.9% of revenue), compared with a $5.2 million loss a year earlier. Non-GAAP Adjusted EBITDA was $2.7 million, or 3.4% of revenue, down from $3.8 million, or 5.3%, last year.
Customer metrics continued to expand, with 1.71 million Active Buyers and 1.64 million orders, increases of 25% and 19% year-over-year. ThredUp ended the quarter with $54.4 million in cash, cash equivalents, restricted cash, and marketable securities.
For the second quarter 2026, ThredUp expects revenue of $89.0–$91.0 million, gross margin of 78.5–79.5%, and Adjusted EBITDA margin of about 5.2%. For full-year 2026, it projects revenue of $351.2–$356.2 million, gross margin of 78.5–79.5%, and Adjusted EBITDA margin of about 6.1%.
Nakache Patricia reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Patricia Nakache received a grant of 5,231 fully vested restricted stock units, each representing one share of Class A common stock. She elected to take this RSU award instead of her annual cash retainer under ThredUp’s 2021 Stock Option and Incentive Plan, in a transaction exempt under Rule 16b-3. Following the award, she holds 303,318 Class A shares directly and 14,017 shares indirectly through the Gordan/Nakache Family Trust, where she serves as trustee.
Friedman Ian reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Ian Friedman received a grant of 3,488 fully vested restricted stock units under the company’s 2021 Stock Option and Incentive Plan. Each RSU represents one share of Class A Common Stock and was taken in lieu of his annual cash retainer, which is paid quarterly. Following this equity grant, Friedman directly holds 417,071 shares of ThredUp Class A Common Stock. This is a compensation-related award rather than an open-market share purchase.
HALEY TIMOTHY M reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Timothy M. Haley received an equity grant rather than cash compensation. He was awarded 3,836 fully vested restricted stock units (RSUs) of Class A Common Stock under ThredUp’s 2021 Stock Option and Incentive Plan, in a transaction exempt under Rule 16b-3.
Each RSU represents one share of Class A Common Stock, and Haley elected to receive these RSUs in lieu of his annual cash retainer, which is paid in quarterly installments. Following this award, he directly holds 277,104 shares of Class A Common Stock.
Paransky Noam reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Noam Paransky received an equity grant of 3,488 shares of Class A common stock. The shares were issued at a price of $0.00 per share as a grant or award rather than an open-market purchase.
The footnote explains this is a grant of fully vested restricted stock units under ThredUp’s 2021 Stock Option and Incentive Plan, elected in lieu of his annual cash retainer, which is paid in quarterly installments. Following this award, Paransky directly holds 647,042 shares of Class A common stock.