ThredUp Director Timothy Haley Receives 2,491 RSUs

What Happened
Timothy M. Haley, a director of ThredUp Inc. (TDUP), was granted 2,491 fully vested restricted stock units (RSUs) on 2026-07-20. The Form 4 reports an acquisition price of $0.00 per unit (total $0 recorded) because the RSUs were issued in lieu of his quarterly cash retainer. Each RSU represents the right to receive one share of the issuer’s Class A common stock.

Key Details

• Transaction type: Award/Grant (Code A) — 2,491 RSUs granted on 2026-07-20.
• Reported acquisition price: $0.00 per unit; total reported $0.
• Footnote: RSUs are fully vested and were granted under the 2021 Stock Option and Incentive Plan; grant was exempt under Rule 16b-3. Haley elected RSUs instead of cash retainer.
• Shares owned after transaction: Not specified in the filing.
• Timeliness: Filing dated 2026-07-22 (within the typical two-business-day Form 4 reporting window).

Context
This was an award granted as compensation (election in lieu of cash), not an open-market purchase or sale. Such grants are common for directors and do not by themselves indicate a buy/sell signal; they reflect compensation policy and the director’s election to take equity rather than cash.