Sean Sobers - 01 Jun 2025 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role: Chief Financial Officer
Signature: /s/ Alon Rotem, Attorney-in-Fact
Issuer symbol: TDUP
Transactions as of: 01 Jun 2025
Transactions value $: -$348,938
Form type: 4
Date filed: 02 Jun 2025, 17:23
Previous filing: 04 Mar 2025
Next filing: 08 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Sobers Sean	Chief Financial Officer	C/O THREDUP INC., 969 BROADWAY, SUITE 200, OAKLAND	/s/ Alon Rotem, Attorney-in-Fact	2025-06-03	0001688472

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TDUP	Class A Common Stock	Award	$14.7K	+10K	+1.93%	$1.47	528K	31 May 2025	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+37K	+6.99%	$0.00	565K	01 Jun 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	-$135K	-18.8K	-3.32%	$7.20	547K	01 Jun 2025	Direct	F2
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+36.7K	+6.71%	$0.00	583K	01 Jun 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	-$134K	-18.6K	-3.19%	$7.20	565K	01 Jun 2025	Direct	F2
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+25.8K	+4.57%	$0.00	591K	01 Jun 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	-$94.4K	-13.1K	-2.22%	$7.20	577K	01 Jun 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-37K	-5.67%	$0.00	615K	01 Jun 2025	Class A Common Stock	37K		Direct	F3, F4
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-36.7K	-5.96%	$0.00	578K	01 Jun 2025	Class A Common Stock	36.7K		Direct	F3, F5
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-25.8K	-4.47%	$0.00	552K	01 Jun 2025	Class A Common Stock	25.8K		Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares purchased pursuant to the ThredUp Inc. 2021 Employee Stock Purchase Plan.
F2	Represents shares of Class A Common Stock that were withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs.
F3	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F4	On February 15, 2023, the Reporting Person was granted 443,495 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.
F5	On February 26, 2024, the Reporting Person was granted 440,000 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.
F6	On January 9, 2025, the Reporting Person was granted 310,000 RSUs, vesting in twelve equal quarterly installments on June 1, September 1, December 1 and March 1 until fully vested, subject to the Reporting Person's continued service to the Issuer on each such date.