[144] Etsy, Inc. SEC Filing
Notice of proposed sale under Rule 144 by Josh Silverman. The filer notifies intent to sell 65,000 shares of common stock through UBS Financial Services on 09/08/2025, with an aggregate market value of $3,737,500.00 based on the filing. The shares were acquired and paid for on 09/08/2025 by exercising stock options and paid in cash. The filing also discloses four prior sales by the same person within the past three months totaling 204,998 shares sold on 07/01/2025, 07/24/2025, 08/01/2025, and 09/02/2025 with combined gross proceeds of approximately $12,604,204.68. The notice contains the standard Rule 144 signature and representation about material nonpublic information.
Avviso di vendita proposta ai sensi della Regola 144 da parte di Josh Silverman. Il dichiarante comunica l'intenzione di vendere 65.000 azioni ordinarie tramite UBS Financial Services il 09/08/2025, per un valore di mercato complessivo di $3.737.500,00 secondo la segnalazione. Le azioni sono state acquisite ed interamente pagate in contanti il 09/08/2025 mediante l'esercizio di opzioni su azioni. La comunicazione riporta inoltre quattro vendite precedenti effettuate dalla stessa persona negli ultimi tre mesi per un totale di 204.998 azioni vendute in data 07/01/2025, 07/24/2025, 08/01/2025 e 09/02/2025, con proventi lordi complessivi di circa $12.604.204,68. L'avviso include la firma standard prevista dalla Regola 144 e la dichiarazione relativa a informazioni materiali non pubbliche.
Aviso de oferta de venta bajo la Regla 144 por Josh Silverman. El declarante notifica su intención de vender 65.000 acciones ordinarias a través de UBS Financial Services el 09/08/2025, por un valor de mercado agregado de $3,737,500.00 según la presentación. Las acciones fueron adquiridas y pagadas en efectivo el 09/08/2025 mediante el ejercicio de opciones sobre acciones. La presentación también revela cuatro ventas previas por la misma persona en los últimos tres meses que totalizan 204.998 acciones vendidas el 07/01/2025, 07/24/2025, 08/01/2025 y 09/02/2025, con ingresos brutos combinados aproximados de $12,604,204.68. El aviso contiene la firma estándar conforme a la Regla 144 y la declaración sobre información material no pública.
Josh Silverman의 규칙 144에 따른 예정 매각 통지. 제출자는 09/08/2025에 UBS Financial Services를 통해 보통주 65,000주를 매도할 의사를 통지했으며, 제출서에 근거한 총 시장 가치는 $3,737,500.00입니다. 해당 주식은 09/08/2025에 스톡옵션을 행사하여 현금으로 취득·지급되었습니다. 제출서에는 또한 동일인이 지난 3개월 내에 실시한 4건의 이전 매각이 기재되어 있으며, 총 204,998주가 07/01/2025, 07/24/2025, 08/01/2025, 09/02/2025에 각각 매도되어 총 대략 $12,604,204.68의 총수익을 기록했습니다. 통지서에는 규칙 144에 따른 표준 서명과 비공개 중요정보에 관한 진술이 포함되어 있습니다.
Avis de vente proposée en vertu de la Règle 144 par Josh Silverman. Le déclarant signale son intention de vendre 65 000 actions ordinaires via UBS Financial Services le 09/08/2025, pour une valeur marchande totale de $3,737,500.00 selon le dépôt. Les actions ont été acquises et payées en espèces le 09/08/2025 par l'exercice d'options sur actions. Le dépôt divulgue également quatre ventes antérieures par la même personne au cours des trois derniers mois, totalisant 204,998 actions vendues les 07/01/2025, 07/24/2025, 08/01/2025 et 09/02/2025, avec des produits bruts combinés d'approximativement $12,604,204.68. L'avis comprend la signature standard prévue par la Règle 144 et la déclaration relative aux informations matérielles non publiques.
Mitteilung über einen geplanten Verkauf nach Regel 144 durch Josh Silverman. Der Einreichende teilt die Absicht mit, 65.000 Stammaktien über UBS Financial Services am 09/08/2025 zu veräußern, mit einem aggregierten Marktwert von $3.737.500,00 laut Einreichung. Die Aktien wurden am 09/08/2025 durch Ausübung von Aktienoptionen erworben und in Bargeld bezahlt. Die Meldung legt außerdem vier frühere Verkäufe derselben Person innerhalb der letzten drei Monate offen, die insgesamt 204.998 verkaufte Aktien an den Daten 07/01/2025, 07/24/2025, 08/01/2025 und 09/02/2025 umfassen, mit kombinierten Bruttoerlösen von ungefähr $12.604.204,68. Die Mitteilung enthält die üblichen Unterschrifts- und Erklärungsangaben gemäß Regel 144 bezüglich nichtöffentlicher wesentlicher Informationen.
- Transaction details are transparent: broker (UBS), dates, share counts, and gross proceeds are disclosed
- Acquisition method is explicit: shares acquired via exercise of stock options and paid in cash
- Compliance with Rule 144 formalities: includes required representations regarding material nonpublic information
- Significant recent insider selling: 204,998 shares sold in past three months with aggregate gross proceeds of approximately $12,604,204.68
- Proposed additional sale: 65,000 shares valued at $3,737,500.00 planned for 09/08/2025, increasing share supply
- Filing gives no operational or rationale context: motives for exercise and sale are not disclosed in the document
Insights
TL;DR: Insider selling shows notable realized and proposed liquidity but no company operational details are disclosed.
The filing reports an immediate option exercise and proposed sale of 65,000 shares through UBS, plus multiple recent dispositions totaling 204,998 shares and roughly $12.6 million in gross proceeds. From a trading-impact perspective, concentrated insider sales of this scale can increase available float in the short term and may affect near-term share supply dynamics. The filing itself provides transactional detail but does not include any company performance metrics or explain motivations beyond exercise and sale mechanics, limiting inference about fundamentals.
TL;DR: Repeated insider sales highlight governance and disclosure compliance but may prompt investor questions about insider timing.
The document complies with Rule 144 disclosure requirements by identifying the seller, broker, dates, acquisition method (exercise of options), payment method (cash), and recent sale history. While compliance is clear, multiple large sales over a short period could raise governance or market-perception concerns among investors and stakeholders, depending on the individual's role and public communications. The filing includes the required representation that the seller is not aware of undisclosed material adverse information.
Avviso di vendita proposta ai sensi della Regola 144 da parte di Josh Silverman. Il dichiarante comunica l'intenzione di vendere 65.000 azioni ordinarie tramite UBS Financial Services il 09/08/2025, per un valore di mercato complessivo di $3.737.500,00 secondo la segnalazione. Le azioni sono state acquisite ed interamente pagate in contanti il 09/08/2025 mediante l'esercizio di opzioni su azioni. La comunicazione riporta inoltre quattro vendite precedenti effettuate dalla stessa persona negli ultimi tre mesi per un totale di 204.998 azioni vendute in data 07/01/2025, 07/24/2025, 08/01/2025 e 09/02/2025, con proventi lordi complessivi di circa $12.604.204,68. L'avviso include la firma standard prevista dalla Regola 144 e la dichiarazione relativa a informazioni materiali non pubbliche.
Aviso de oferta de venta bajo la Regla 144 por Josh Silverman. El declarante notifica su intención de vender 65.000 acciones ordinarias a través de UBS Financial Services el 09/08/2025, por un valor de mercado agregado de $3,737,500.00 según la presentación. Las acciones fueron adquiridas y pagadas en efectivo el 09/08/2025 mediante el ejercicio de opciones sobre acciones. La presentación también revela cuatro ventas previas por la misma persona en los últimos tres meses que totalizan 204.998 acciones vendidas el 07/01/2025, 07/24/2025, 08/01/2025 y 09/02/2025, con ingresos brutos combinados aproximados de $12,604,204.68. El aviso contiene la firma estándar conforme a la Regla 144 y la declaración sobre información material no pública.
Josh Silverman의 규칙 144에 따른 예정 매각 통지. 제출자는 09/08/2025에 UBS Financial Services를 통해 보통주 65,000주를 매도할 의사를 통지했으며, 제출서에 근거한 총 시장 가치는 $3,737,500.00입니다. 해당 주식은 09/08/2025에 스톡옵션을 행사하여 현금으로 취득·지급되었습니다. 제출서에는 또한 동일인이 지난 3개월 내에 실시한 4건의 이전 매각이 기재되어 있으며, 총 204,998주가 07/01/2025, 07/24/2025, 08/01/2025, 09/02/2025에 각각 매도되어 총 대략 $12,604,204.68의 총수익을 기록했습니다. 통지서에는 규칙 144에 따른 표준 서명과 비공개 중요정보에 관한 진술이 포함되어 있습니다.
Avis de vente proposée en vertu de la Règle 144 par Josh Silverman. Le déclarant signale son intention de vendre 65 000 actions ordinaires via UBS Financial Services le 09/08/2025, pour une valeur marchande totale de $3,737,500.00 selon le dépôt. Les actions ont été acquises et payées en espèces le 09/08/2025 par l'exercice d'options sur actions. Le dépôt divulgue également quatre ventes antérieures par la même personne au cours des trois derniers mois, totalisant 204,998 actions vendues les 07/01/2025, 07/24/2025, 08/01/2025 et 09/02/2025, avec des produits bruts combinés d'approximativement $12,604,204.68. L'avis comprend la signature standard prévue par la Règle 144 et la déclaration relative aux informations matérielles non publiques.
Mitteilung über einen geplanten Verkauf nach Regel 144 durch Josh Silverman. Der Einreichende teilt die Absicht mit, 65.000 Stammaktien über UBS Financial Services am 09/08/2025 zu veräußern, mit einem aggregierten Marktwert von $3.737.500,00 laut Einreichung. Die Aktien wurden am 09/08/2025 durch Ausübung von Aktienoptionen erworben und in Bargeld bezahlt. Die Meldung legt außerdem vier frühere Verkäufe derselben Person innerhalb der letzten drei Monate offen, die insgesamt 204.998 verkaufte Aktien an den Daten 07/01/2025, 07/24/2025, 08/01/2025 und 09/02/2025 umfassen, mit kombinierten Bruttoerlösen von ungefähr $12.604.204,68. Die Mitteilung enthält die üblichen Unterschrifts- und Erklärungsangaben gemäß Regel 144 bezüglich nichtöffentlicher wesentlicher Informationen.
FAQ
What does the Form 144 for ETSY (ETSY) disclose about the proposed sale?
How were the 65,000 shares acquired according to the filing?
Has the same person sold ETSY shares recently?
What were the gross proceeds from the recent sales listed in the filing?
Through which broker will the proposed sale be executed?
