Etergino Thomas J 4

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.