Paransky Noam 4

What Happened
Noam Paransky, a director of ThredUp (TDUP), was granted 37,265 restricted stock units (RSUs) on 2026-05-20 (transaction code A). The Form 4 shows an acquisition price of $0.00 per unit (typical for compensation awards). This was an equity award to a director—not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-20; Form 4 filed 2026-05-21 (timely filing).
• Grant: 37,265 RSUs; price reported $0.00 (award).
• Shares owned after transaction: not specified in the provided filing.
• Vesting: RSUs vest in full on the earlier of (i) May 20, 2027 or (ii) the issuer’s next annual meeting, subject to continued board service.
• Distribution deferral: Paransky elected to defer distribution until the earliest of (a) 30 days after separation from Board service, (b) a Sale Event/change in control as defined in the plan, or (c) 30 days after death.
• No 10b5-1 plan, tax-withholding sale, or immediate sale of shares reported.

Context
RSUs are contingent rights to receive shares in the future and do not represent immediate share ownership or cash investment. Director RSU grants are common compensation and—not being an outright purchase or sale—are generally viewed as governance/compensation actions rather than direct trading signals. The deferral election means Paransky may not receive the underlying shares until a later event or separation.