Form 4: 1stdibs.com CFO Thomas J Etergino Sells 921 Shares of Common Stock
SEC Form 4 Filing
Thomas J Etergino, CFO of 1stdibs.com, Inc., sold 921 shares of common stock on October 11, 2024, at a price of $4.5257 per share.
Summary
- On October 11, 2024, Thomas J Etergino, the Chief Financial Officer of 1stdibs.com, Inc. (DIBS), sold 921 shares of the company's common stock.
- The sale was executed at a price of $4.5257 per share.
- Following the transaction, Etergino directly owns 126,180 shares of 1stdibs.com, Inc.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on May 13, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider stock sale. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to have pre-arranged trading plans to avoid accusations of trading on inside information.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.
Key Dates
| Date | Description |
|---|---|
| May 13, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| October 11, 2024 | Date of stock sale transaction |
| October 15, 2024 | Date of Form 4 filing |
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