Paransky Noam 4

What Happened

• Noam Paransky, a director of ThredUp Inc. (TDUP), was granted 3,488 fully vested restricted stock units (RSUs) on 2026-04-22. The Form 4 reports the RSUs were acquired at $0.00 (no cash exchanged). Each RSU represents the right to one share of the issuer's Class A common stock and the award was granted under the Issuer's 2021 Stock Option and Incentive Plan.

Key Details

• Transaction date: 2026-04-22; reported on Form 4 filed 2026-04-24 (timely filed).
• Transaction type/code: Award/Grant (A) of 3,488 RSUs at $0.00.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Footnote: Grant was fully vested RSUs issued in a transaction exempt under Rule 16b-3. Paransky elected to receive RSUs in lieu of his annual cash retainer, which is paid quarterly.
• Filing timeliness: filing appears timely (reported two days after the transaction).

Context

• RSUs are compensation awards that convert into shares (one RSU = one share) and are commonly used instead of cash retainers; they are not an open-market purchase or sale and do not, by themselves, indicate buy/sell intent. The grant was a routine director compensation election rather than a trade.