ThredUp CEO Reinhart sells 579,826 shares for $4.6M at avg $7.94 as stock down 20.9% in 90 days
Chief Executive Officer James G. Reinhart executed 2 separate sales totaling 579,826 shares for $4,602,619.83 on 2025-11-07, reducing his holdings by 50.3% to 573,851 shares post-transaction. The sales occurred at blended average price $7.94, in a context where the stock has declined 20.9% over 90 days and is trading at $7.91 current price, down 34.5% from its 52-week high. At the same-ticker level, Reinhart's prior 3 sales at TDUP show 2 of 3 were well-timed at the 90-day mark, with outcomes ranging from -22.9% to +62.7%, though the most recent prior sales in August 2025 both posted negative 90-day returns. The company reported net income of $-4,248,000.00 in the latest quarter and is unprofitable on a full-year basis, alongside annual revenue decline of 19.2%. The Form 4 contains a derivative-conversion flag, indicating the filing involves conversion of derivative securities and the Table I shares_after figure does not represent the insider's complete position.