ThredUp Inc.·4

May 21, 4:09 PM ET

Battles Kelly Bodnar 4

4 · ThredUp Inc. · Filed May 21, 2026

Research Summary

AI-generated summary of this filing

Updated

ThredUp (TDUP) Director Kelly Bodnar Receives RSU Award

What Happened
Kelly Bodnar, a director of ThredUp Inc. (TDUP), received a grant of 37,265 restricted stock units (RSUs) on May 20, 2026. The reported acquisition price is $0.00 (code A — award/grant), so no cash changed hands at grant.

Key Details

  • Transaction date: May 20, 2026; Form 4 filed May 21, 2026 (appears timely).
  • Grant: 37,265 RSUs; reported acquisition price $0.00.
  • Shares owned after transaction: not specified in the filing.
  • Footnote: 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. The reporting person elected to defer distribution until the earlier of (a) 30 days after separation from board service, (b) a Sale Event/change in control, or (c) 30 days after death.
  • Transaction code: A (award/grant).

Context
This was a compensation award (RSUs), not an open‑market purchase or sale. RSUs represent a contingent right to receive shares upon vesting and/or distribution; because distribution is deferred by election, these units do not immediately increase liquid share ownership. Such grants are common for directors and reflect compensation, not a direct market sentiment signal.

Insider Transaction Report

Form 4
Period: 2026-05-20
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-05-20+37,26576,687 total
Footnotes (1)
  • [F1]These shares represent RSUs. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs vest in full on the earlier of (i) May 20, 2027 or (ii) the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date. The Reporting Person elected to defer distribution until the earliest of (a) 30 days after the Reporting Person's separation from service on the Board within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended ("Section 409A"), (b) a Sale Event (as defined in the Issuer's 2021 Stock Option and Incentive Plan) that constitutes a change in control under Section 409A, or (c) 30 days after the Reporting Person's death.
Signature
/s/ Alon Rotem, Attorney-in-Fact|2026-05-22

Documents

1 file
  • 4
    wk-form4_1779394195.xmlPrimary

    FORM 4