ThredUp COO Christopher Homer sells $155,465 of stock at $2.58

Christopher Homer, Chief Operating Officer of ThredUp Inc., sold 122,495 shares of the company's Class A Common Stock on September 2, 2026, for a total of $155,465. The sale price per share was $2.5812, as ThredUp's stock was trading near its 52-week low of $2.48. The transactions were made to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs), as outlined in a regulatory filing.

This required sale is not a discretionary trade by Mr. Homer. Prior to these sales, Homer acquired additional RSUs on September 1, 2026, adding to his ownership of 1,398,088 shares of ThredUp Inc. Class A Common Stock. Despite the recent decline in stock value, ThredUp maintains strong financial metrics, including gross profit margins near 80% and a healthy balance sheet with more cash than debt.

Despite these positive indicators, ThredUp recently adjusted its full-year revenue guidance, citing the need for increased promotions and discounts to boost sales. Investors are closely watching how these factors will impact the company's financial health and future performance.