Sobers Sean 4

What Happened

• Sean Sobers, Chief Financial Officer of ThredUp Inc. (TDUP), was granted 283,312 restricted stock units (RSUs) on January 28, 2026. The Form 4 reports the award as a derivative acquisition (code A) with an acquisition price of $0.00. These RSUs represent a contingent right to receive one share of ThredUp Class A common stock per RSU upon vesting.

Key Details

• Transaction date and filing: Grant dated 2026-01-28; Form filed 2026-01-30 (filed two days after the transaction).
• Shares/units granted: 283,312 RSUs; acquisition price reported as $0.00.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Vesting terms (footnote): RSUs vest in 12 equal quarterly installments on June 1, September 1, December 1, and March 1 until fully vested, subject to Sobers’ continued service.
• Transaction type: Derivative award (RSU grant). No immediate cash purchase or sale reported.

Context

• RSU grants are standard executive compensation and do not represent an immediate purchase or sale of stock; they convert to actual shares only as they vest and typically trigger tax events at that time. This award does not by itself signal a buy or sell intent in the open market.