ETSY insider filing shows 5,571 vested RSUs; 2,845 shares withheld
Rhea-AI Filing Summary
Toni Nadal Thompson, Chief Human Resources Officer at ETSY, Inc. (ETSY), reported transactions dated 10/01/2025. The filing shows 5,571 shares of common stock acquired upon the vesting of restricted stock units (RSUs) at a $0 price, and a separate disposition of 2,845 shares withheld by the issuer to satisfy tax withholding at an indicated price of $70.49. After these transactions the reporting person beneficially owned 8,309 shares of common stock.
The filing also lists RSU settlements recorded as derivative activity: grants/vests of 1,168, 989, and 3,414 units (each converting 1-for-1 to common stock) with resulting beneficial ownership figures shown as 1,169, 2,967, and 34,140 shares respectively. The RSUs have varying vesting schedules described in the explanation (semi-annual and quarterly installments beginning April 1, 2024 or July 1, 2025) and no expiration dates are stated.
Positive
- None.
Negative
- None.
Insights
Confirmed RSU vesting and tax-withholding reduced net shares by 2,845.
The Form 4 documents the conversion of vested RSUs into 5,571 shares on 10/01/2025, followed by issuer withholding of 2,845 shares to cover taxes at $70.49 per share. This is a routine payroll-tax withholding event tied to equity compensation.
The disclosed RSU schedules show staggered vesting across plans (semi-annual and quarterly installments starting in April 2024 and July 2025), indicating ongoing equity compensation expense recognition and future share issuances if vesting conditions continue to be met.
Insider holdings remain modest at 8,309 reported shares after these transactions.
The reporting person is identified as the company’s Chief Human Resources Officer, and the Form 4 shows routine insider activity tied to compensation rather than open-market trading. The filing was signed by an attorney-in-fact on 10/03/2025.
This disclosure is material for transparency of insider holdings but does not, by itself, indicate a change in control or major shift in insider ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,168 | $0.00 | -- |
| Exercise | Restricted Stock Units | 989 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,414 | $0.00 | -- |
| Exercise | Common Stock | 5,571 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,845 | $70.49 | $201K |
Footnotes (1)
- Shares of common stock acquired upon the vesting of the restricted 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. Represents restricted stock units which correspond 1-for-1 with common stock. The restricted stock units vest in 5 equal semi-annual installments, beginning on April 1, 2024, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. The restricted stock units vest in 7 equal semi-annual installments, beginning on April 1, 2024, provided the Reporting Person remains continuously employed on each 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.
