Form 4: ThredUp Inc. Chief Legal Officer Alon Rotem Sells Shares
SEC Form 4 Filing
Alon Rotem, Chief Legal Officer of ThredUp Inc., sold 12,823 shares of Class A Common Stock at an average price of $1.8518 on March 11, 2024.
Summary
- On March 11, 2024, Alon Rotem, the Chief Legal Officer of ThredUp Inc., sold 12,823 shares of Class A Common Stock.
- The shares were sold at a weighted average price of $1.8518.
- The price range for the sales was between $1.84 and $1.87 per share.
- Following the transaction, Rotem directly owns 220,771 shares of ThredUp Inc.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by an officer. It doesn't inherently convey positive or negative sentiment, but the sale itself could be interpreted in various ways by the market.
Industry Context
This filing reflects insider trading activity, which is a normal part of the stock market. Monitoring these filings can provide insights into management's perspective on the company's value.
Stakeholder Impact
- The sale of shares by a company officer could have a minor impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction: Alon Rotem sold shares of ThredUp Inc. |
| 03/13/2024 | Date of report: Form 4 filing date. |
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