Reinhart James G. 4

What Happened
James G. Reinhart, CEO of ThredUp Inc. (TDUP), received a grant of 627,793 restricted stock units (RSUs) on January 28, 2026. The Form 4 records the acquisition price as $0.00 (award/derivative), so the reported transaction value is $0 on the filing — the economic value will depend on TDUP’s share price when RSUs vest and convert to shares.

Key Details

• Transaction date: 2026-01-28; Filing date: 2026-01-30 (filed within the Form 4 reporting window).
• Award: 627,793 RSUs; reported price $0.00; reported as a derivative award (code A).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes: Each RSU represents a contingent right to one share of the issuer’s Class A common stock (F1). Vesting schedule: 12 equal quarterly installments on June 1, Sept 1, Dec 1 and Mar 1 until fully vested, subject to continued service (F2).
• No sale or open-market purchase reported — this is an equity compensation grant, not a cash purchase or sale.

Context
RSU grants are a common form of executive compensation and become valuable only if and when they vest and convert to actual shares; they do not by themselves indicate buying or selling sentiment. Vesting is service-based here (quarterly over three years), so shares will be delivered over time assuming continued employment. The filing does not show any immediate sale or tax-withholding details tied to these RSUs.