Homer Christopher 4

What Happened

• Homer Christopher, Chief Operating Officer of ThredUp Inc. (TDUP), was awarded 344,941 restricted stock units (RSUs) on 2026-01-28. The Form 4 lists the acquisition as a derivative award (code A) with an acquisition price of $0.00, indicating a compensation grant rather than a market purchase.

Key Details

• Transaction date: 2026-01-28; Form 4 filed 2026-01-30 (timely filing).
• Award size: 344,941 RSUs; reported acquisition price: $0.00.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1—each RSU is a contingent right to one share of Class A common stock. F2—RSUs vest in twelve equal quarterly installments on June 1, Sept 1, Dec 1 and March 1 until fully vested (12 quarters = 3 years), subject to continued service.
• Transaction code: A (award/grant); this is a derivative compensation grant, not a cash purchase or sale.

Context

• RSUs are compensation that convert to actual shares only after vesting; they do not represent immediate share ownership or a market purchase. Because vesting is tied to continued service, these grants are commonly used to retain executives and align incentives, and they should not be read as an immediate bullish or bearish trade.
• No indication of a late filing or a 10b5-1 sale plan in the reported data.