Schipper Brian 4

What Happened Brian Schipper, a director of 1stdibs.com, Inc. (DIBS), reported an exercise/conversion of a derivative on 2026-06-08. The filing shows 40,926 shares acquired via conversion (price N/A) and a simultaneous disposition of 40,926 shares at $0 (total proceeds $0). Transaction code is "M" (exercise or conversion of a derivative).

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (timely filing).
• Acquired: 40,926 shares via conversion (price reported as N/A).
• Disposed: 40,926 shares at $0.00 (proceeds $0).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1—each restricted stock unit (RSU) represents a contingent right to one share; F2—these RSUs have no expiration date.
• No 10b5-1 plan, tax-withholding method, or other withholding detail was disclosed in the filing.

Context This filing reports a conversion of RSUs into common shares with an immediate reported disposition of the same number of shares at $0. Such a disposition commonly reflects share surrender or withholding to satisfy tax obligations, but the filing itself does not state the reason. This is an exercise/conversion event rather than an outright open-market buy or sale for investment purposes.