Etsy (NASDAQ: ETSY) CLO gets stock from RSU vesting, pays tax in shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Etsy Inc. chief legal officer Colin Stretch reported routine equity compensation activity. On July 1, 2026, restricted stock units and performance stock units vested, resulting in the acquisition of 16,847 shares of common stock. To cover tax withholding obligations, 10,404 shares were withheld by Etsy at $72.83 per share, rather than sold on the open market. Following these transactions, Stretch directly held 56,529 shares of Etsy common stock. The footnotes indicate these RSU awards vest in equal quarterly installments beginning on July 1 of 2024, 2025, and 2026, contingent on continued employment or retirement eligibility.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,847 shares exercised/converted
Mixed
5 txns
Insider
Stretch Colin
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,210 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,975 | $0.00 | -- |
| Exercise | Restricted Stock Units | 6,662 | $0.00 | -- |
| Exercise | Common Stock | 16,847 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,404 | $72.83 | $758K |
Holdings After Transaction:
Restricted Stock Units — 29,467 shares (Direct, null);
Common Stock — 66,933 shares (Direct, null)
Footnotes (1)
- Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units ("performance stock units"). This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units and performance stock units.. Represents restricted stock units which correspond 1-for-1 with common stock. The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date. The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date. The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2026, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
Key Figures
Shares withheld for taxes: 10,404 shares
Tax withholding price: $72.83 per share
Shares from vesting: 16,847 shares
+4 more
7 metrics
Shares withheld for taxes
10,404 shares
Withheld at $72.83 per share to satisfy tax obligations
Tax withholding price
$72.83 per share
Price applied to 10,404 shares withheld for taxes
Shares from vesting
16,847 shares
Common stock acquired upon RSU and performance stock unit vesting
Post-transaction holdings
56,529 shares
Direct Etsy common stock held after July 1, 2026 transactions
RSU tranche 1
6,662 units
Restricted stock units converted 1-for-1 into common stock
RSU tranche 2
5,975 units
Restricted stock units converted 1-for-1 into common stock
RSU tranche 3
4,210 units
Restricted stock units converted 1-for-1 into common stock
Key Terms
Restricted Stock Units, performance stock units, tax withholding obligations, vesting, +1 more
5 terms
Restricted Stock Units financial
"Represents restricted stock units which correspond 1-for-1 with common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance stock units financial
"Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations"
vesting financial
"restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
retirement eligible financial
"provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date"
FAQ
What did Etsy (ETSY) insider Colin Stretch report in this Form 4?
Colin Stretch, Etsy’s chief legal officer, reported RSU and performance stock unit vesting that delivered 16,847 common shares. Etsy withheld 10,404 shares for tax obligations, and Stretch’s direct holdings increased to 56,529 shares after the non-market transactions.
How do Etsy (ETSY) restricted stock units vest for Colin Stretch?
The restricted stock units vest in equal quarterly installments over multi-year schedules. One grant vests in 16 equal quarterly installments starting July 1, 2024, and two others vest in 12 equal quarterly installments beginning July 1, 2025 and July 1, 2026, subject to continued service or retirement eligibility.
What are performance stock units in Etsy (ETSY) insider compensation?
Performance stock units are equity awards that convert into Etsy common stock upon vesting, based on performance-related conditions. In this Form 4, vested performance stock units, together with time-based RSUs, resulted in 16,847 shares being delivered to Colin Stretch on July 1, 2026.