# EDGAR Filing Document

**Accession Number:** 0001849447
**File Stem:** 0001628280-25-049183
**Filing Date:** 2025-11
**Character Count:** 10937
**Document Hash:** 202519ca8b554eaa60e786796c760785
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001628280-25-049183.hdr.sgml**: 20251104

**ACCESSION NUMBER**: 0001628280-25-049183

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251104

**DATE AS OF CHANGE**: 20251104

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ThredUp Inc.
- **CENTRAL INDEX KEY:** 0001484778
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 264009181
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92452
- **FILM NUMBER:** 251451427

**BUSINESS ADDRESS:**
- **STREET 1:** 969 BROADWAY
- **STREET 2:** SUITE 200
- **CITY:** OAKLAND
- **STATE:** CA
- **ZIP:** 94607
- **BUSINESS PHONE:** 415-402-5202

**MAIL ADDRESS:**
- **STREET 1:** 969 BROADWAY
- **STREET 2:** SUITE 200
- **CITY:** OAKLAND
- **STATE:** CA
- **ZIP:** 94607

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** thredUP
- **DATE OF NAME CHANGE:** 20100222
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Reinhart James G.
- **CENTRAL INDEX KEY:** 0001849447

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**MAIL ADDRESS:**
- **STREET 1:** 969 BROADWAY
- **STREET 2:** SUITE 200
- **CITY:** OAKLAND
- **STATE:** CA
- **ZIP:** 94607

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 4)**

**Issuer:** ThredUp Inc.

**Title of Class of Securities:** Class A common stock

**CUSIP Number:** 88556E102

**Date of Event Which Requires Filing of this Statement:** 09/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>James G. Reinhart | Names of Reporting Persons<br>James G. Reinhart |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>X1 | Citizenship or Place of Organization<br>X1 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>4421969.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>3028424.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>4421969.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>3028424.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7450393.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>7450393.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>6.9% | Percent of Class Represented by Amount in Row (9)<br>6.9% |
| 12. | Type of Reporting Person (See Instructions)<br>IN | Type of Reporting Person (See Instructions)<br>IN |

**Comment for Type of Reporting Person:** Row 5, Row 7, and Row 9 represent (i) 446,117 shares of Class B common stock, $0.0001 par value per share (the "Class B common stock"), of ThredUp Inc. (the "Company") held of record by Mr. Reinhart, (ii) 3,022,160 shares of Class B common stock subject to outstanding stock options held of record by Mr. Reinhart that are exercisable within 60 days of September 30, 2025, and (iii) 953,692 shares of Class A common stock, $0.0001 par value per share (the "Class A common stock"), held of record by Mr. Reinhart.
Row 6, Row 8, and Row 9 represent (i) 2,583,795 shares of Class B common stock held of record by James Reinhart and Michele Reinhart, as Trustees of the Costanoa Family Trust dated July 22, 2015, as amended and (ii) 444,629 shares of Class B common stock held of record by James Reinhart and Michele Reinhart as Trustees of The Costanoa 2017 Irrevocable GST Trust.
For the numbers and percentages in the table above, each share of Class A common stock is entitled to one vote and each share of Class B common stock is entitled to ten votes. Each share of Class B common stock is convertible into one share of Class A common stock at any time at the option of the holder and upon the occurrence of certain other events as described in the Issuer's Amended and Restated Certificate of Incorporation. In addition, each share of Class B common stock will automatically convert into one share of Class A common stock upon any transfer, except for certain permitted transfers described in the Issuer's Amended and Restated Certificate of Incorporation.
The percent of class in Row 11 was calculated based on 102,185,171 shares of Class A common stock and 20,975,710 shares of Class B common stock outstanding as of July 28, 2025, as reported in the Company's Form 10-Q filed with the U.S. Securities and Exchange Commission on August 4, 2025.
The percent of class in Row 11 was based on the aggregate number of shares of Class A common stock and Class B common stock beneficially owned by the reporting person, which, with respect to the Class B common stock, pursuant to Rule 13d-3 of the Act, is treated as converted into Class A common stock only for purposes of computing the percentage ownership of the reporting person. The percentage reported does not reflect the ten for one voting power of the Class B common stock. The 6,496,701 shares of Class B common stock and 953,692 shares of Class A common stock beneficially owned by the reporting person represent 19.3% of the aggregate combined voting power of the Class A common stock and Class B common stock.

---

**Item 1(a). Name of Issuer:**
ThredUp Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
969 Broadway, Suite 200,  Oakland, CA, 94607

**Item 2(a). Name of Person Filing:**
James G. Reinhart

**Item 2(b). Address of Principal Business Office:**
969 Broadway, Suite 200, Oakland, California 94607

**Item 2(c). Citizenship:**
United States

**Item 2(d). Title of Class of Securities:**
Class A common stock

**Item 2(e). CUSIP Number:**
88556E102

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

(A) 6,496,701 shares of Class B common stock, consisting of (i) 446,117 shares of Class B common stock held of record by Mr. Reinhart, (ii) 3,022,160 shares of Class B common stock subject to outstanding stock options held of record by Mr. Reinhart that are exercisable within 60 days of September 30, 2025, (iii) 2,583,795 shares of Class B common stock held of record by James Reinhart and Michele Reinhart, as Trustees of the Costanoa Family Trust dated July 22, 2015, as amended and (iv) 444,629 shares of Class B common stock held of record by James Reinhart and Michele Reinhart as Trustees of The Costanoa 2017 Irrevocable GST Trust, and (B) 953,692 shares of Class A common stock held of record by Mr. Reinhart.

**(b) Percent of class:**

When all such shares of Class B common stock are treated as converted into Class A common stock only for purposes of computing the percentage ownership of the reporting person pursuant to Rule 13d-3 of the Act, all of the foregoing shares represent approximately 6.9% of the outstanding shares of Class A common stock.
The percent of class was calculated based on 92,620,063 shares of Class A common stock and 23,574,629 shares of Class B common stock outstanding as of July 28, 2025 as reported in the Company's Form 10-Q filed with the U.S. Securities and Exchange Commission on August 4, 2025. The percentage reported does not reflect the ten for one voting power of the Class B common stock. The 6,496,701 shares of Class B common stock and 953,692 shares of Class A common stock beneficially owned by the reporting person represent 19.3% of the aggregate combined voting power of the Class A common stock and Class B common stock.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

4,421,969

**(ii) Shared power to vote or to direct the vote:**

3,028,424

**(iii) Sole power to dispose or to direct the disposition of:**

4,421,969

**(iv) Shared power to dispose or to direct the disposition of:**

3,028,424

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

Not Applicable

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**James G. Reinhart**

**Date:** 11/04/2025

**By:** /s/ James G. Reinhart

**Name & Title:** James G. Reinhart