Etsy (NASDAQ: ETSY) CLO awarded new performance stock unit grants

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stretch Colin

(Last) (First) (Middle)

C/O ETSY, INC.

117 ADAMS STREET

(Street)

BROOKLYN NY 11201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ETSY INC [ ETSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF LEGAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Unit(1)	(2)	03/06/2026		A		2,366(3)		(3)	(3)	Common Stock	2,366	$0	10,140	D
Performance Stock Unit(1)	(2)	03/06/2026		A		5,390(4)		(4)	(4)	Common Stock	5,390	$0	5,390	D

Explanation of Responses:

1. 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.

2. Units correspond 1-for-1 with common stock.

3. 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.

4. 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.

	/s/ Brittany Keen, Attorney-in-Fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Etsy (ETSY) report for Colin Stretch?

Etsy reported that Chief Legal Officer Colin Stretch received two grants of performance stock units. On March 6, 2026, he acquired 2,366 and 5,390 PSUs, each representing the contingent right to one share of Etsy common stock, at a grant price of $0.00 per unit.

How many performance stock units did Etsy’s CLO receive in this Form 4?

Colin Stretch received two PSU awards totaling 2,366 and 5,390 units. Each PSU corresponds 1-for-1 with Etsy common stock, reflecting performance-based awards that became reportable once the Compensation Committee certified the performance conditions as achieved on March 6, 2026.

When do Colin Stretch’s new Etsy PSUs vest?

The 2,366 PSUs vest fully on April 1, 2026, if employment continues. The 5,390 PSUs vest in two equal installments on April 1, 2026 and April 1, 2027, each subject to Colin Stretch remaining continuously employed through the applicable vesting date.

What performance conditions apply to the Etsy PSUs reported for Colin Stretch?

Both PSU awards depend on Etsy meeting specified performance criteria. The reported PSUs became reportable only after the Compensation Committee certified that certain performance conditions were achieved on March 6, 2026, and each PSU represents a contingent right to receive one share of Etsy common stock upon vesting.

How will tax withholding be handled for Colin Stretch’s Etsy PSU shares?

Colin Stretch elected to satisfy all withholding tax obligations through share withholding. He authorized Etsy to withhold a sufficient number of shares upon delivery of stock from the PSU awards, instead of paying withholding taxes in cash at vesting.

Are Colin Stretch’s Etsy PSUs already earned or still subject to conditions?

The reported PSUs are earned based on performance but still subject to service-based vesting. For one award, the reported shares represent 25% of total PSUs; for the other, they represent 75%, with remaining portions tied to past or future performance conditions.