Etsy CLO exercises RSUs; shares withheld for tax
Etsy Inc. chief legal officer Colin Stretch reported routine equity compensation activity.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,210 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,975 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 6,662 | $0.00 | $0.00 |
| Exercise | Common Stock | 16,847 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,404 | $72.83 | $758K |
Footnotes (6)
- F1. Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units ("performance stock units").
- F2. 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..
- F3. Represents restricted stock units which correspond 1-for-1 with common stock.
- F4. 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.
- F5. 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.
- F6. 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
Key Terms
Restricted Stock Units financial
performance stock units financial
tax withholding obligations financial
vesting financial
retirement eligible financial
FAQ
What did Etsy (ETSY) insider Colin Stretch report in this Form 4?
How do Etsy (ETSY) restricted stock units vest for Colin Stretch?
What are performance stock units in Etsy (ETSY) insider compensation?
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