DIBS.NASDAQ1stdibscom, INC

4/A: 1stdibs.com Director Lori A. Hickok Amends Form 4 Filing to Correct Restricted Stock Unit Exercisable Date

Sentiment:

SEC Form 4/A (Amendment)


Lori A. Hickok, a director at 1stdibs.com, Inc., filed an amendment to a previous Form 4 to correct the exercisable date of restricted stock units granted on May 10, 2024.

Summary

  • Director Lori A. Hickok filed an amended Form 4 with the SEC regarding changes in beneficial ownership of 1stdibs.com, Inc. securities.
  • The amendment corrects a scrivener's error in the original Form 4 filed on May 13, 2024, specifically regarding the exercisable date of restricted stock units.
  • On May 10, 2024, Hickok acquired 31,380 restricted stock units, each representing a contingent right to receive one share of 1stdibs.com common stock.
  • The corrected exercisable date for these restricted stock units is June 8, 2025.
  • Following the reported transaction, Hickok directly owns 31,380 derivative securities and 14,705 shares of common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company, but transparency is generally viewed favorably.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

  • The correction of the exercisable date ensures accurate information is available to shareholders and potential investors.

Key Dates

DateDescription
05/10/2024Date of transaction: Acquisition of 31,380 Restricted Stock Units
05/13/2024Date of original Form 4 filing containing the error
05/21/2024Date of amended Form 4/A filing to correct the error
06/08/2025Corrected exercisable date for the restricted stock units

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