ETSY insider filing: 1,967 shares withheld at $70.49 for taxes
Rhea-AI Filing Summary
Minor Bradley, the Chief Marketing Officer of ETSY, INC. (ETSY), reported insider transactions dated 10/01/2025. On that date 5,455 shares of common stock were acquired upon vesting of restricted stock units at no cash price, increasing reported beneficial ownership to 11,326 shares. Separately, 1,967 shares were withheld by the issuer to satisfy tax withholding obligations at an implied price of $70.49, leaving 9,359 shares after that sale. Multiple restricted stock unit grants remain outstanding and vest in scheduled installments beginning April 1, 2025 and July 1, 2025, with remaining underlying common shares of 613, 859, and 3,983 reported.
Positive
- 5,455 shares acquired upon vesting increases insider alignment with shareholders
- Outstanding RSUs are governed by explicit vesting schedules (semi-annual and quarterly), providing predictable timing for future issuances
Negative
- Issuer withheld 1,967 shares at $70.49 to satisfy tax obligations, reducing the net increase in holdings
- Substantial remaining RSU pools (total 5,455 underlying shares reported in Table II) imply future dilution as they vest
Insights
Insider vested RSUs and tax-withholding sale recorded; ownership modestly increased.
The filing shows the CMO received 5,455 vested shares on 10/01/2025, increasing beneficial ownership to 11,326 before tax withholding. The issuer withheld 1,967 shares at $70.49 to cover taxes, reducing net holdings to 9,359. These are routine, non-discretionary compensation events rather than open-market purchases or discretionary sales.
This record is material to holders because it updates insider ownership levels and shows compensation-related share issuance on scheduled vesting dates.
Multiple RSU schedules remain active, showing standard vesting cadence.
The reporting identifies three outstanding RSU tranches vesting in 5 equal semi-annual, 13 equal quarterly, and 12 equal quarterly installments starting on April 1, 2025 and July 1, 2025. Total underlying common shares from these RSUs are 613, 859, and 3,983, respectively.
This clarifies the near-term dilution schedule tied to executive compensation but does not provide dollar values beyond the single withholding sale price of $70.49.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 613 | $0.00 | -- |
| Exercise | Restricted Stock Units | 859 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,983 | $0.00 | -- |
| Exercise | Common Stock | 5,455 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,967 | $70.49 | $139K |
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, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date. The restricted stock units vest in 13 equal quarterly installments beginning on April 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting 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.
