James G. Reinhart - 01 Sep 2025 Form 4 Insider Report for ThredUp Inc. (TDUP)

Role: Chief Executive Officer, Director
Signature: /s/ Alon Rotem, Attorney-in-Fact
Issuer symbol: TDUP
Transactions as of: 01 Sep 2025
Net transactions value: -$2,120,006
Form type: 4
Filing time: 03 Sep 2025, 17:26:34 UTC
Previous filing: 08 Aug 2025
Next filing: 07 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Reinhart James G.	Chief Executive Officer, Director	C/O THREDUP INC., 969 BROADWAY, SUITE 200, OAKLAND	/s/ Alon Rotem, Attorney-in-Fact	03 Sep 2025	0001849447

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+107,514	+14%	$0.000000	871,278	01 Sep 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$590,729	-54,596	-6.3%	$10.82	816,682	01 Sep 2025	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+166,666	+20%	$0.000000	983,348	01 Sep 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$915,729	-84,633	-8.6%	$10.82	898,715	01 Sep 2025	Direct	F1
transaction	TDUP	Class A Common Stock	Options Exercise	$0	+111,667	+12%	$0.000000	1,010,382	01 Sep 2025	Direct
transaction	TDUP	Class A Common Stock	Tax liability	$613,548	-56,705	-5.6%	$10.82	953,677	01 Sep 2025	Direct	F1

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	-107,514	-4.6%	$0.000000	2,224,196	01 Sep 2025	Class A Common Stock	107,514		Direct	F2, F3
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-166,666	-7.5%	$0.000000	2,057,530	01 Sep 2025	Class A Common Stock	166,666		Direct	F2, F4
transaction	TDUP	Restricted Stock Units	Options Exercise	$0	-111,667	-5.4%	$0.000000	1,945,863	01 Sep 2025	Class A Common Stock	111,667		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	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.
F2	Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
F3	On February 15, 2023, the Reporting Person was granted 1,290,168 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.
F4	On February 26, 2024, the Reporting Person was granted 2,000,000 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.
F5	On January 9, 2025, the Reporting Person was granted 1,340,000 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.