Etsy CLO granted new performance stock units
Etsy Inc.'s Chief Legal Officer, Colin Stretch, reported two grants of performance-based restricted stock units (PSUs).
Rhea-AI Filing Summary
Etsy Inc.'s Chief Legal Officer, Colin Stretch, reported two grants of performance-based restricted stock units (PSUs). On March 6, 2026, he acquired 2,366 PSUs and 5,390 PSUs, each corresponding 1-for-1 with Etsy common stock at a grant price of $0.00.
The 2,366 PSUs represent 25% of a performance award that will vest in full on April 1, 2026, if he remains employed. The 5,390 PSUs represent 75% of a separate performance award that will vest in equal installments on April 1, 2026 and April 1, 2027, subject to continued employment. He has elected to satisfy withholding taxes by allowing Etsy to withhold shares upon delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Unit | 2,366 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Unit | 5,390 | $0.00 | $0.00 |
Footnotes (4)
- F1. The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
- F2. Units correspond 1-for-1 with common stock.
- F3. Represents the number of shares earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, the shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 6, 2026). The shares will vest in full on April 1, 2026, subject to the Reporting Person remaining continuously employed through the vesting date. The shares reported on this form represent 25% of the total number of shares subject to the PSU award. The remaining 75% of the shares have already been earned based on the performance criteria of the award.
- F4. Represents the number of shares earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, the shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 6, 2026). The shares will vest in equal installments on each of April 1, 2026 and April 1, 2027, subject to the Reporting Person remaining continuously employed through each vesting date. The shares reported on this form represent 75% of the total number of shares subject to the PSU award. The remaining 25% of the shares will be earned upon the satisfaction of additional performance criteria.
FAQ
What insider transaction did Etsy (ETSY) report for Colin Stretch?
How many performance stock units did Etsy’s CLO receive in this Form 4?
When do Colin Stretch’s new Etsy PSUs vest?
What performance conditions apply to the Etsy PSUs reported for Colin Stretch?
Are Colin Stretch’s Etsy PSUs already earned or still subject to conditions?
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