Etergino Thomas J 4
4 · 1stdibs.com, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
1stdibs CFO Thomas J. Etergino Exercises RSUs; 18,400 Shares Withheld
What Happened
- Thomas J. Etergino, Chief Financial Officer of 1stdibs.com, Inc. (DIBS), had a bundle of restricted stock units (RSUs) convert/vest into 51,035 shares on June 8, 2026 (reported on Form 4). Of those shares, 18,400 were retained by the issuer to satisfy tax-withholding obligations at $4.01 per share (total withholding value $73,784). The remaining 32,635 shares were issued to the reporting person. No shares were sold in an open-market transaction.
Key Details
- Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (no late filing indicated).
- Conversion/vesting entries (derivative code M): 11,175; 11,172; 12,125; and 16,563 shares — total 51,035 shares vested/converted.
- Tax withholding (code F): 18,400 shares withheld at $4.01 per share = $73,784 retained by issuer.
- Net shares received by insider: 32,635 shares (51,035 vested − 18,400 withheld).
- Shares withheld were retained by the issuer on a net-settlement basis (not sold in open market) — see footnote: these came from RSU grants dated June 2, 2022; March 14, 2023; March 15, 2025; and March 16, 2026.
- Filing does not list total shares owned by the insider after the transaction in the provided excerpt.
Context
- These transactions reflect RSU vesting and net share withholding to cover tax liabilities (common for executive equity awards). Codes: M = exercise/conversion of derivative (vested RSUs), F = payment of exercise price or tax liability (withheld shares).
- Because shares were withheld by the company rather than sold in the open market, this is a routine tax-withholding settlement rather than an insider sale indicating market disposition.
Insider Transaction Report
Form 4
Etergino Thomas J
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-06-08+11,175→ 311,960 total - Exercise/Conversion
Common Stock
[F1]2026-06-08+11,172→ 323,132 total - Exercise/Conversion
Common Stock
[F1]2026-06-08+12,125→ 335,257 total - Exercise/Conversion
Common Stock
[F1]2026-06-08+16,563→ 351,820 total - Tax Payment
Common Stock
[F2]2026-06-08$4.01/sh−18,400$73,784→ 333,420 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-08−11,175→ 78,225 total→ Common Stock (11,175 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-06-08−11,172→ 122,891 total→ Common Stock (11,172 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-06-08−12,125→ 133,375 total→ Common Stock (12,125 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-06-08−16,563→ 0 total→ Common Stock (16,563 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, March 15, 2025, and March 16, 2026. None of these shares were sold in an open market transaction.
- [F3]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.
- [F4]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.
- [F5]The initial number of restricted stock units granted shall vest in 12 equal quarterly installments starting on June 8, 2026, 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]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.
Signature
/s/ Melanie Goins, Attorney-In-Fact for Thomas J Etergino|2026-06-10