Nakache Patricia 4

What Happened

Patricia Nakache, a director of ThredUp Inc. (TDUP), acquired 13,157 shares in an open-market purchase on March 10, 2026, at $3.73 per share for a total of $49,076 (transaction code P). The Form 4 indicates the purchase was made in accordance with the issuer's trading policies.

Key Details

• Transaction date and price: 2026-03-10; 13,157 shares at $3.73 each; total ~$49,076.
• Transaction type: Open-market purchase (code P).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — purchase in accordance with the issuer's trading policies; F2 — shares held indirectly by Gordan/Nakache Family Trust U/A DTD 11/30/2001, and the reporting person serves as trustee.
• Filing timeliness: Reported on 2026-03-10 (same day as the reported transaction); no late filing noted.

Context

Insider purchases can be interpreted as a positive signal, but this was a relatively modest-sized acquisition (~$49K) and does not by itself indicate future company performance. The shares are held indirectly through a family trust, which is common for insiders and should be considered when assessing personal ownership.