Volent Paula 4

What Happened

• Paula Volent, a director of 1stdibs.com, Inc. (DIBS), converted 40,926 restricted stock units (RSUs) into 40,926 shares of common stock on 2026-06-08. The Form 4 shows those shares were also reported as disposed at a price of $0.00 (derivative).
• The filing does not report a cash purchase price or total dollar value for the acquisition; the disposition is shown as $0.00. This is a non-open-market conversion of a derivative award rather than a buy or sell on the market.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (within the typical two-business-day SEC reporting window).
• Acquired: 40,926 shares via exercise/conversion of a derivative (code M). Disposed: 40,926 shares at $0.00 (derivative).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each restricted stock unit represents a contingent right to one share; F2 — the RSUs have no expiration date.
• Filing does not state a reason for the $0.00 disposition; such zero-dollar dispositions on RSU conversions commonly reflect share withholding or net settlement for taxes, but the Form 4 itself does not specify that here.

Context

• This was not an open-market purchase or sale; it was a conversion/settlement of equity awards. Conversions of RSUs into shares are routine compensation events for insiders and do not by themselves indicate a buy or sell signal in the market.
• Retail investors should note the difference between market trades (which reveal buying or selling interest) and award conversions/withholdings (which are typically administrative/compensation-related).