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.
ThredUp Inc. CEO and director James G. Reinhart reported selling a total of 215,338 shares of Class A common stock on March 3, 2026 at a price of $3.8203 per share in multiple open-market transactions.
According to the filing, these sales were mandated "sell to cover" transactions to satisfy tax withholding obligations upon RSU vesting and did not represent discretionary trades. Following the transactions, he directly owned 876,320 shares.
ThredUp Inc. Chief Financial Officer Sean Sobers reported automatic sales of Class A common stock tied to restricted stock unit vesting. On March 3, 2026, a total of 56,504 shares were sold at $3.8203 per share to cover tax withholding obligations. Following these mandated “sell-to-cover” transactions, Sobers directly held 555,254 shares of ThredUp Class A common stock.
ThredUp Inc. Chief Operating Officer Homer Christopher reported the vesting and conversion of restricted stock units into Class A Common Stock. On March 1, 2026, RSU awards covering an aggregate of 122,495 shares were exercised at a price of $0.00 per share, reflecting scheduled equity compensation.
These RSUs come from prior grants of 650,000, 475,000, and 344,941 units awarded in 2024, 2025, and 2026, each vesting in twelve equal quarterly installments, subject to continued service. Following these transactions, Christopher directly owned 1,344,647 shares of ThredUp Class A Common Stock.
ThredUp Inc. director and Chief Executive Officer James G. Reinhart reported multiple Form 4 transactions showing the exercise and conversion of restricted stock units (RSUs) into Class A Common Stock at a price of $0.00 per share.
The transactions on March 1, 2026 include RSU derivative exercises such as 166,667, 111,667 and 52,316 RSUs, with corresponding Class A Common Stock entries in matching share amounts. After these transactions, his directly held Class A Common Stock balance in individual lines includes figures like 927,675, 1,039,342 and 1,091,658 shares.
Footnotes explain that each RSU represents a contingent right to receive one share of Class A Common Stock. RSU grants of 2,000,000 (February 26, 2024), 1,340,000 (January 9, 2025) and 627,793 (January 28, 2026) vest in twelve equal quarterly installments on June 1, September 1, December 1 and March 1, subject to his continued service.
ThredUp Inc. Chief Financial Officer Sean Sobers reported multiple equity award transactions involving restricted stock units (RSUs) and Class A common stock on March 1, 2026. All transactions are coded as exercises or conversions of derivative securities, not open-market purchases or sales.
The filings show three RSU exercises of 36,667, 25,833, and 23,609 RSUs, each at a price of $0.00 per unit. Corresponding entries for Class A common stock reflect acquisitions of the same share amounts at $0.00 per share, consistent with RSUs settling into stock.
Footnotes state that each RSU represents a right to receive one share of Class A common stock. They also disclose prior RSU grants of 440,000 units on February 26, 2024, 310,000 units on January 9, 2025, and 283,312 units on January 28, 2026, each vesting in twelve equal quarterly installments, subject to continued service.
ThredUp Inc. filed its annual report detailing a growing but still unprofitable resale business focused on secondhand apparel, shoes and accessories in the United States.
Revenue from continuing operations reached $310.8 million in 2025, up from $260.0 million in 2024, a 19.5% increase. Losses from continuing operations narrowed to $20.2 million from $40.0 million, reflecting operating leverage as volume scales. The company divested 91.0% of its European Remix business in late 2024 and now reports primarily on U.S. operations.
ThredUp highlights a custom resale platform with distributed processing centers that can collectively hold more than 7.5 million items and process over 100,000 unique SKUs per day
ThredUp Inc. reported strong growth for the fourth quarter and full year 2025 while still posting GAAP losses. Q4 revenue was $79.7 million, up 18% year over year, with gross margin of 79.6% and a loss from continuing operations of $5.6 million, improved from an $8.1 million loss last year. Adjusted EBITDA from continuing operations was $2.9 million (3.7% margin), down from $5.0 million (7.4% margin) a year ago. For 2025, revenue reached $310.8 million, up 20%, while the loss from continuing operations narrowed to $20.2 million from $40.0 million. Full-year Adjusted EBITDA from continuing operations rose to $13.5 million, a 4.4% margin. Active Buyers grew 30% to 1.65 million and Orders increased 25% to 6.08 million, showing demand expansion. ThredUp ended the year with $53.1 million in cash, cash equivalents, restricted cash, and marketable securities and achieved positive annual total cash flows of $3.1 million for the first time. For 2026, the company guides to revenue of $349.0–$355.0 million, gross margin of 78–79%, and Adjusted EBITDA margin of about 6%.
Friedman Ian reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Ian Friedman received an equity grant of 2,211 shares of Class A Common Stock. The award was structured as fully vested restricted stock units granted at a price of $0.00 per share under ThredUp’s 2021 Stock Option and Incentive Plan, in lieu of his annual cash retainer paid quarterly. After this grant, Friedman directly holds 413,583 shares of ThredUp Class A Common Stock.
HALEY TIMOTHY M reported acquisition or exercise transactions in this Form 4 filing.
ThredUp Inc. director Timothy M. Haley reported receiving a grant of 2,432 fully vested restricted stock units (RSUs) of Class A common stock. The award was made at a price of $0.00 per share under ThredUp's 2021 Stock Option and Incentive Plan and is exempt under Rule 16b-3.
Each RSU represents one share of Class A common stock, and Haley elected to receive these RSUs instead of his annual cash retainer, which is paid in quarterly installments. Following this grant, his directly held Class A share balance increased to 273,268 shares.
ThredUp Inc. director Patricia Nakache reported an equity grant and updated her holdings in Class A common stock. On February 25, 2026, she acquired 3,317 fully vested restricted stock units under the 2021 Stock Option and Incentive Plan, with each unit convertible into one share and granted at $0.00 per share. She elected to receive these RSUs instead of her annual cash retainer, which is paid quarterly. Following this grant, she directly held 298,087 shares. The filing also notes 860 additional shares held indirectly by the Gordan/Nakache Family Trust, for which she serves as trustee, updating prior totals as of February 27, 2026.