Etergino Thomas J 4
4 · 1stdibs.com, Inc. · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
1stdibs (DIBS) CFO Thomas J. Etergino Exercises RSUs; Shares Withheld
What Happened
- Thomas J. Etergino, Chief Financial Officer of 1stdibs.com, Inc. (DIBS), had restricted stock units (RSUs) convert into 53,013 shares on March 9, 2026. Of those, 19,113 shares were retained by the company to satisfy tax withholding obligations, valued at $5.49 per share (≈ $104,930). The remaining shares were issued to the reporting person; no open‑market sale of shares was reported.
Key Details
- Transaction date: March 9, 2026.
- Total shares converted/issued: 53,013 (sum of 14,104; 16,562; 11,175; 11,172).
- Shares withheld for taxes: 19,113 at $5.49/share = $104,930 (net‑settlement/tax withholding; not an open‑market sale).
- Transaction codes: M = exercise/conversion of derivative (RSU conversion); F = payment of tax liability via share withholding.
- Footnotes: RSUs represent contingent rights to receive one share each (F1). The withheld shares were retained by the issuer on a net‑settlement basis to cover tax obligations tied to RSU vesting from grants on June 2, 2022; Mar 14, 2023; and Mar 15, 2025 (F2). Vesting schedules are described in the filing (quarterly installments per F3–F6).
- Filing timeliness: Reported on Mar 11, 2026 for a Mar 9, 2026 transaction — filed within the typical two‑business‑day Form 4 window.
Context
- These were RSU conversions (derivative-to-common stock), not purchases or open‑market sales. The company retained a portion of the shares to cover taxes (net settlement/cashless withholding), which is a routine administrative action and does not, by itself, signal a buy or sell decision by the insider.
Insider Transaction Report
Form 4
Etergino Thomas J
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-09+14,104→ 280,989 total - Exercise/Conversion
Common Stock
[F1]2026-03-09+16,562→ 297,551 total - Exercise/Conversion
Common Stock
[F1]2026-03-09+11,175→ 308,726 total - Exercise/Conversion
Common Stock
[F1]2026-03-09+11,172→ 319,898 total - Tax Payment
Common Stock
[F2]2026-03-09$5.49/sh−19,113$104,930→ 300,785 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-09−14,104→ 0 total→ Common Stock (14,104 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-09−16,562→ 16,563 total→ Common Stock (16,562 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-03-09−11,175→ 89,400 total→ Common Stock (11,175 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-03-09−11,172→ 134,063 total→ Common Stock (11,172 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
- [F2]These shares were retained by Issuer via settlement on a net withholding basis in order to meet the tax withholding obligations of the reporting person in connection with the vesting of an installment of restricted stock units ("RSUs") granted to the reporting person on June 2, 2022, March 14, 2023, and March 15, 2025. None of these shares were sold in an open market transaction.
- [F3]The initial number of restricted stock units granted shall vest in 12 equal quarterly installments starting on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
- [F4]Twenty-five percent (25%) of the restricted stock units shall vest on June 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. Thereafter, the remaining seventy-five percent (75%) of the restricted stock units shall vest in 12 equal quarterly installments starting on September 8, 2023, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
- [F5]The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2024, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
- [F6]The initial number of restricted stock units granted shall vest in 16 equal quarterly installments starting on June 8, 2025, provided the Reporting Person continues to have a service relationship with the Issuer at such time. The restricted stock units have no expiration date.
Signature
/s/ Melanie Goins, Attorney-In-Fact for Thomas J Etergino|2026-03-11