Etsy Inc SEC Filings

Form 4 overview: Etsy, Inc. (ticker: ETSY) reported insider activity for director David S. Rosenblatt on 17 June 2025. The filing discloses two separate transactions involving the company’s equity compensation program for non-employee directors.

Transaction details:

• Table I shows the conversion of 1,299 Restricted Stock Units (RSUs) into an equal number of common shares (transaction code M). The conversion price was reported as $0, reflecting a standard equity grant vesting. Following the conversion, Rosenblatt directly owns 1,299 ETSY common shares.
• Table II records two derivative security entries: (1) the same 1,299 RSUs that were fully vested and converted, leaving a post-conversion balance of 0 derivative units; and (2) a new grant of 4,733 RSUs (transaction code A) awarded as part of the annual director retainer. These RSUs carry no exercise price, will convert 1-for-1 into common stock, and are scheduled to vest in full on the date of Etsy’s next Annual Meeting of Stockholders, provided Rosenblatt remains on the Board.

Implications for investors: The filing represents routine director compensation rather than open-market buying or selling. The net share increase is modest relative to Etsy’s ~127 million outstanding shares (per last 10-K) and is unlikely to influence ownership concentration or float. However, it reinforces ongoing equity alignment between the board and shareholders by increasing the director’s direct stake and establishing additional unvested equity that incentivizes future service.

Form 4 overview: On 17 June 2025, Etsy Inc. (NASDAQ: ETSY) director Charles Andrew Ballard reported two equity transactions under Section 16.

• Non-derivative activity: Ballard acquired 4,878 shares of Etsy common stock at a price of $0 following the vesting and mandatory conversion (Code M) of previously awarded Restricted Stock Units (RSUs). His direct ownership of common shares increased to 8,196 shares after the conversion.
• Derivative activity: • 4,878 RSUs were converted into common shares and therefore cancelled (remaining balance: 0). • He simultaneously received a new grant of 4,733 RSUs (Code A) as part of the board’s annual retainer program. These units vest in full at the next Annual Meeting, provided he remains a director.

Key points for investors: No open-market sale occurred; the transactions reflect routine board compensation and equity alignment rather than an opportunistic disposal. The net increase in directly held common shares signals continued alignment of the director’s personal stake with shareholder interests, but the size—under 10 k shares—is immaterial relative to Etsy’s 120 m+ total shares outstanding and should not meaningfully affect float or valuation.

The filing does not provide any earnings, guidance, or operational updates; therefore, market impact is expected to be limited and informational in nature.

Etsy Inc director Marla J. Blow reported significant insider transactions on June 17, 2025:

• Acquired 5,068 shares of common stock at $0 through the vesting of Restricted Stock Units (RSUs)
• Received a new grant of 4,733 RSUs as part of the annual non-employee director compensation program
• Following these transactions, Blow directly owns 9,941 shares of common stock and 4,733 RSUs

The new RSU grant will vest 100% at the next Annual Meeting of Stockholders, contingent on continued board service. This Form 4 filing reflects standard board compensation practices at Etsy, with RSUs being used as part of the non-employee director remuneration structure.

Director M. Michele Burns reported multiple transactions in Etsy stock on June 17, 2025. The transactions involved:

• Acquisition of 4,988 shares of common stock at $0 through the vesting of Restricted Stock Units (RSUs)
• Receipt of a new grant of 4,733 RSUs as part of the annual non-employee director compensation program

Following these transactions, Burns directly owns 27,705 shares of Etsy common stock. The newly granted RSUs will vest at the next Annual Meeting of Stockholders, contingent on continued board service. These transactions reflect standard board compensation practices rather than open market purchases or sales.

Etsy Director Melissa Reiff reported multiple transactions on June 17, 2025, involving Restricted Stock Units (RSUs). The transactions include:

• Acquisition of 5,068 common shares through the vesting of RSUs at $0 exercise price, bringing her direct ownership to 16,424 shares
• The complete vesting of one RSU award (5,068 units)
• Receipt of a new grant of 4,733 RSUs as part of her annual non-employee director compensation

The new RSU grant will fully vest at the next Annual Meeting of Stockholders, contingent on Reiff's continued service on the Board. The transactions reflect standard board compensation practices and demonstrate ongoing director alignment with shareholder interests through equity-based compensation.

Etsy director Frederick R. Wilson received a stock option grant on June 17, 2025 as part of the company's Compensation Program for Non-Employee Directors. Key details of the transaction:

• Granted 14,654 stock options to purchase common stock
• Exercise price set at $54.53 per share
• Options will expire on June 16, 2035
• 100% of options vest at the next Annual Meeting of Stockholders
• Vesting is contingent on continuous service as board member

The Form 4 filing indicates this is a routine annual director compensation grant rather than an open market transaction. The options are held directly by Wilson, with no indirect ownership reported.

Etsy Inc Director Marc Steinberg reported significant insider transactions on June 17, 2025, involving Restricted Stock Units (RSUs). The transactions included:

• Acquisition of 4,909 shares of common stock through the vesting of RSUs at $0 exercise price
• Receipt of new grant of 4,733 RSUs as part of annual non-employee director compensation

Following these transactions, Steinberg directly owns 5,971 shares of Etsy common stock. The newly granted RSUs will vest at the next Annual Meeting of Stockholders, contingent on Steinberg's continued board service. This filing demonstrates standard board compensation practices and ongoing director equity participation in the company.