COO Homer Christopher sells 68,358 shares ($507.3K) at $7.42 as TDUP stock drops 29.9% in 90 days; company unprofitable with -19.2% revenue decline
Homer Christopher, ThredUp's Chief Operating Officer, executed 3 separate sales totaling 68,358 shares for $507,325.73 on 2025-12-02, reducing his stake by 5.3% to 1,222,152 shares post-transaction. The transaction occurred against a backdrop of significant stock deterioration: the share price has fallen 29.9% over the past 90 days and stands 38.7% below its 52-week high of $12.08. Fundamentally, ThredUp reported negative net income of $-4,248,000.00 in its latest quarter and experienced full-year net losses, alongside a concerning 19.2% annual revenue decline year-over-year. This sale by a senior executive during a period of operational stress—evidenced by profitability losses and shrinking top-line growth—alongside accelerating stock weakness warrants investor attention to underlying business health.