Battles Kelly Bodnar 4

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.