Taylor Everette 4

What Happened

• Taylor Everette, a director of 1stdibs.com, Inc. (DIBS), had a derivative conversion on 2026-06-08 that resulted in 40,926 shares being acquired through exercise/conversion. The filing also records a simultaneous disposition of 40,926 shares at $0.00. The Form 4 was filed on 2026-06-10.
• No cash price is shown for the acquisition (listed as N/A) and the reported disposition price is $0.00, so the filing does not report a market sale value. This transaction code is M (exercise or conversion of derivative).

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (filed within the typical 2-business-day window).
• Acquisition: 40,926 shares (exercise/conversion) — price: N/A.
• Disposition: 40,926 shares — price reported: $0.00 (listed as a derivative disposition).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1 — each restricted stock unit (RSU) equals a contingent right to one share; F2 — the RSUs have no expiration date.
• Transaction code M indicates exercise or conversion of a derivative instrument (here, RSUs).

Context

• For RSU conversions it's common for a matching number of shares to be withheld or surrendered to cover taxes or to satisfy net-settlement obligations; a $0.00 disposition reported on a Form 4 often reflects such withholding rather than an open-market sale. The filing does not report a cash sale or market proceeds, so this should not be interpreted as a typical sell signal.
• These entries are routine for equity compensation vesting/conversion. Retail investors should treat this as an administrative conversion of RSUs unless other open-market trades are reported.