Form 4: 1stdibs.com Director Matt Cohler Reports Changes in Beneficial Ownership

Director Matt Cohler reports acquisition of restricted stock units and changes in holdings of common stock of 1stdibs.com, Inc.

Summary

• On May 10, 2024, Matt Cohler, a director of 1stdibs.com, Inc., reported changes in his beneficial ownership of the company's securities.
• Cohler acquired 31,380 restricted stock units (RSUs) representing a contingent right to receive one share of Issuer common stock each.
• These RSUs have no expiration date and were acquired on May 10, 2024, and are exercisable from June 8, 2024.
• Cohler directly owns 14,705 shares of common stock.
• Additionally, 3,653,916 shares are held indirectly by Benchmark Capital Partners VII, L.P. (BCP VII) and related entities, for which Cohler may be deemed to share voting and dispositive power.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions and holdings.

Positives

• The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is common in the corporate world. It provides transparency to investors regarding the holdings and transactions of key individuals within the company.

Key Dates