Cohler Matt 4

4 · 1stdibs.com, Inc. · Filed Jun 10, 2026

AI-generated summary of this filing

Updated Jun 10, 2026

1stdibs (DIBS) Director Matt Cohler Converts 40,926 RSUs

What Happened

Matt Cohler, a director of 1stdibs.com, Inc. (DIBS), recorded a conversion/exercise of derivative awards on 2026-06-08: 40,926 restricted stock units (RSUs) were converted into 40,926 shares (acquired, price N/A) and 40,926 shares were simultaneously disposed at $0. The filing does not report a cash value for these transactions.
This was not a market purchase or cash sale; the conversion (transaction code M) reflects issuance of shares upon vesting/conversion of RSUs and a zero-dollar disposition (commonly reflects shares withheld or surrendered to satisfy tax withholding or similar obligations).

Key Details

Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (appears timely — within the two-business-day reporting window).
Acquisition: 40,926 shares via exercise/conversion of RSUs (price: N/A). Disposal: 40,926 shares at $0.00.
Shares owned after transaction: not specified in this Form 4.
Notable footnotes: F1 — each RSU represents a contingent right to one common share; F3 — the RSUs have no expiration date; F2 — certain shares are held by Benchmark funds and Cohler is a managing member of their GP and may be deemed to share voting/dispositive power (these entities disclaim group status and beneficial ownership except for pecuniary interest).

Context

For retail investors: an M-code conversion of RSUs means the insider received shares from previously granted equity awards. The simultaneous $0 disposition typically indicates shares were withheld/surrendered to cover taxes or obligations rather than sold on the open market. This transaction is largely administrative and does not necessarily signal a trading view on the stock.

Form 4

Period: 2026-06-08

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-08+40,926→ 115,544 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-06-08−40,926→ 0 total
From: 2026-06-08→ Common Stock (40,926 underlying)

Holdings

Footnotes (3)

[F1]Each restricted stock unit represents a contingent right to receive one share of Issuer common stock.
[F2]Shares are held directly by Benchmark Capital Partners VII, L.P. ("BCP VII") for itself and as nominee for Benchmark Founders' Fund VII, L.P. ("BFF VII") and Benchmark Founders' Fund VII-B, L.P. ("BFF VII-B"). Benchmark Capital Management Co. VII, L.L.C. ("BCMC VII"), the general partner for BCP VII, BFF VII and BFF VII-B may be deemed to have sole voting and dispositive power over the securities. Matthew R. Cohler, a member of the Issuer's board of directors, Bruce W. Dunlevie, Peter H. Fenton, J. William Gurley, Kevin R. Harvey and Mitchell H. Lasky are the managing members of BCMC VII, and each of them may be deemed to share voting and dispositive power over the securities held by such entities. Each such person and entity disclaims the existence of a "group" and disclaims beneficial ownership of the securities, except to the extent of such person's or entity's pecuniary interest in such securities.
[F3]The restricted stock units have no expiration date.

Signature

/s/ Melanie Goins, Attorney-In-Fact for Matthew R. Cohler|2026-06-10

1 file