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Insider Cluster (3 insiders) ·Filed Mar 3, 2026

TDUP

ThredUp Inc.
BEARISH
Impact 7/10
Horizondays Processed7mo ago
Insider cluster: 2 insiders, $508K total
Actionable Insight ▼ Bearish

Traders should monitor for potential downward pressure on the stock, especially given the concentration of selling among top executives. Check for Form 144 filings or 10b5-1 plans to determine if these were pre-scheduled trades. Absent such plans, this could signal reduced confidence ahead of earnings or operational challenges.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
TDUP ▲ +21.35% at T+60d
SHORT call ✗ call lost -21.35% · α vs SPY -11.04% · entry $3.84 → $4.66
Entry = T+0 close
Mar 2, 2026
via day close
T+1d
+4.17%
call -4.17% · α -3.41%
$4.00
settled 8mo ago
T+5d
-2.86%
call +2.86% · α +2.39%
$3.73
settled 8mo ago
T+20d
-14.58%
call +14.58% · α +10.18%
$3.28
settled 7mo ago
T+60d
+21.35%
call -21.35% · α -11.04%
$4.66
settled 5mo ago

Price Chart

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Executive Summary

ThredUp's CEO, COO, and CFO collectively sold over $625,000 worth of shares in open-market transactions at $3.82 per share, representing material insider selling by all three C-suite executives within a single day. The same executives also exercised stock options earlier in the week, with no cash outlay, suggesting the sales may be part of a pre-arranged tax or liquidity strategy.

Key Financial Metrics

Direction
selling
Total Value
$625.8K
Insiders
3

Key Facts

  • CEO James G. Reinhart sold $414,667 worth of shares (108,543 shares at $3.82).
  • COO Christopher Homer sold $118,242 worth of shares (30,951 shares at $3.82).
  • CFO Sean Sobers sold $92,845 worth of shares (24,303 shares at $3.82).
  • All three executives exercised in-the-money stock options two days prior to the sales (totaling 257,501 shares).
  • Total open-market sale value: $625,754 — approximately 0.1% of ThredUp’s $627M market cap.
  • Sales occurred on the same day, indicating coordinated activity.

Financial Impact

$625,754 in net insider selling by C-suite executives

insider ownershipinvestor sentimentperceived confidence in outlook

Risk Factors

  • Perception of insider pessimism despite recent option exercises.
  • Potential for follow-on selling if other insiders participate.

Market Snapshot

Exchange
Nasdaq

Investment Themes

Consumer & Retail

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (6 trades, 7d window)cluster-TDUP-1772585181027
9 reports for TDUP
Performance horizon
100% Hit rate @ T+60 3 of 3 directional calls Went positive at some point 3 of 3 best @ T+60▲ +43.33%Jun 3, 2026
Filters
Rows
Reports for TDUP — sortable, filterable
TypeNow
Oct 26, 2026
1d ago
Press Release
NEUTRAL ★ 2/10
$1.99awaiting T+60—$2.02 (+1.51%)
Sep 2, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$2.67awaiting T+60—$2.02 (−24.34%)
Jun 3, 2026
20w ago
Insider Cluster
BEARISH ★ 5/10
$4.80 $2.72▲ +43.33%▲ +45.21%$2.02 (+57.92%)
May 4, 2026
25w ago
Press Release
BULLISH ★ 6/10
$5.01 $5.87▲ +17.17%▲ +14.43%$2.02 (−59.68%)
Apr 7, 2026
29w ago
DEFA14A
NEUTRAL ★ 3/10
$3.74 $7.03▲ +87.97%▲ +77.51%$2.02 (−45.99%)
Apr 6, 2026
29w ago
Press Release
NEUTRAL ★ 1/10
$3.50 $7.03▲ +100.86%▲ +87.59%$2.02 (−42.29%)
Mar 3, 2026
34w ago
Insider Cluster
NEUTRAL ★ 3/10
$3.84 $4.66▲ +21.35%▲ +11.04%$2.02 (−47.40%)
Mar 3, 2026
34w ago
Insider Cluster
BEARISH ★ 7/10
$3.84 $4.66▼ −21.35%▼ −11.04%$2.02 (+47.40%)
Mar 2, 2026
34w ago
Press Release
BULLISH ★ 7/10
$3.84 $4.66▲ +21.35%▲ +11.04%$2.02 (−47.40%)
Showing 9 of 9

US Market Status

Market Closed — Opens Thu (10h)

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Report published Mar 3, 2026