Form 4: ThredUp Director Patricia Nakache Reports Acquisition of Shares
SEC Form 4 Filing
Patricia Nakache, a director at ThredUp Inc., reported the acquisition of 43,814 shares of Class A Common Stock on May 21, 2025, and a disposition of shares, resulting in a total beneficial ownership of 294,770 shares.
Summary
- On May 21, 2025, Patricia Nakache, a director of ThredUp Inc., reported a transaction involving the company's Class A Common Stock.
- Nakache acquired 43,814 shares at $0 and disposed of shares.
- Following the reported transaction, Nakache beneficially owns 294,770 shares of Class A Common Stock.
- The reported transaction also involves Restricted Stock Units (RSUs) which vest on the earlier of May 21, 2026, or the Issuer's next annual meeting of stockholders, contingent upon continued service to the Issuer.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing, so the sentiment is neutral. It simply reports a transaction.
Future Outlook
The RSUs vest on the earlier of May 21, 2026, or the Issuer's next annual meeting of stockholders, subject to the Reporting Person's continued service to the Issuer on such date.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice for publicly traded companies. It provides transparency to investors regarding the actions of key personnel.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Acquisition and disposition of Class A Common Stock. |
| 05/21/2026 | RSUs vest in full on the earlier of this date or the Issuer's next annual meeting of stockholders, subject to continued service. |
| 05/23/2025 | Date of signature by Attorney-in-Fact. |
Keywords
ThredUp, Director, Patricia Nakache, Class A Common Stock, Beneficial Ownership, RSUs, Form 4, TDUP
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