Form 4: ThredUp Director Timothy Haley Reports Stock Award

Director Timothy Haley received 43,814 shares of ThredUp Class A Common Stock in the form of RSUs, vesting fully by May 21, 2026, or the next annual meeting, while disposing of shares for $0.

Summary

• On May 21, 2025, Timothy Haley, a director of ThredUp Inc., acquired 43,814 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
• These RSUs will vest fully on the earlier of May 21, 2026, or the date of ThredUp's next annual meeting of stockholders, contingent upon Haley's continued service to the company.
• Haley also disposed of 43,814 shares at a price of $0.
• Following these transactions, Haley directly owns 270,836 shares of ThredUp Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of stock awards to a director. It doesn't inherently indicate positive or negative performance.

Positives

• The grant of RSUs to a director aligns their interests with the long-term performance of the company.

Future Outlook

The vesting of RSUs is contingent upon the director's continued service to the company, suggesting an expectation of ongoing involvement.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

ThredUp, Director, Timothy Haley, RSUs, Class A Common Stock, Beneficial Ownership, Form 4, SEC