ThredUp Inc. — Director's Dealing 2025

Dec 2, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ThredUp Inc. (TDUP)
CIK: 0001484778
Period of Report: 2025-12-01

Reporting Person: Homer Christopher (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-11-30	Class A Common Stock	A	558	$6.12	Acquired	1138523	Direct
2025-12-01	Class A Common Stock	M	58237	—	Acquired	1196760	Direct
2025-12-02	Class A Common Stock	S	26193	$7.4216	Disposed	1170567	Direct
2025-12-01	Class A Common Stock	M	54167	—	Acquired	1224734	Direct
2025-12-02	Class A Common Stock	S	24362	$7.4216	Disposed	1200372	Direct
2025-12-01	Class A Common Stock	M	39583	—	Acquired	1239955	Direct
2025-12-02	Class A Common Stock	S	17803	$7.4216	Disposed	1222152	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-12-01	Restricted Stock Units	$	M	58237	Disposed		Class A Common Stock (58237)	Direct
2025-12-01	Restricted Stock Units	$	M	54167	Disposed		Class A Common Stock (54167)	Direct
2025-12-01	Restricted Stock Units	$	M	39583	Disposed		Class A Common Stock (39583)	Direct

Footnotes

F1: Shares purchased pursuant to the ThredUp Inc. 2021 Employee Stock Purchase Plan.

F2: Represents the number of shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.

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 698,841 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 650,000 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 475,000 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.