Timothy M. Haley, a director at ThredUp Inc., filed a statement of changes in beneficial ownership on October 30, 2026, reporting the acquisition of 5,566 fully vested restricted stock units on October 28, 2026.

Key Highlights

  • Reporting person: Timothy M. Haley, identified as a Director of ThredUp Inc.
  • Securities acquired: 5,566 shares of Class A Common Stock via an RSU grant, at a price of $0.
  • RSU election: Haley elected to receive RSUs in lieu of his annual cash retainer, paid in quarterly installments.
  • Plan basis: The grant was made under ThredUp's 2021 Stock Option and Incentive Plan, in a transaction exempt under Rule 16b-3.
  • Post-transaction ownership: Haley directly owns 322,426 shares of Class A Common Stock following the transaction.
  • Filing signed: The form was signed by Alon Rotem as Attorney-in-Fact on October 30, 2026.

Haley's RSU Grant Under ThredUp's 2021 Incentive Plan

According to the filing, ThredUp Inc. (NASDAQ:TDUP), an online resale platform for secondhand apparel, granted director Timothy M. Haley 5,566 fully vested restricted stock units on October 28, 2026. The filing notes that each RSU represents the right to receive one share of the company's Class A Common Stock. The transaction was coded as an acquisition and carried a price of $0, consistent with the nature of a director compensation grant.

The filing explains that Haley elected to receive these RSUs in lieu of his annual cash retainer, which the company pays in quarterly installments. The grant was made under ThredUp's 2021 Stock Option and Incentive Plan and is described in the filing as "exempt under Rule 16b-3." Following the transaction, Haley's direct beneficial ownership of Class A Common Stock stands at 322,426 shares, according to the disclosed figures. The form was filed by one reporting person and signed by Alon Rotem as Attorney-in-Fact on October 30, 2026.

What Was Disclosed

The filing reported a single acquisition transaction in which ThredUp director Timothy M. Haley received 5,566 fully vested RSUs on October 28, 2026, under the company's 2021 Stock Option and Incentive Plan, in exchange for his quarterly cash retainer, bringing his direct holdings to 322,426 shares.