[Form 4] ETSY INC Insider Trading Activity

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

Corporate Governance Analyst

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.

Compensation Specialist

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.

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Minor Bradley

(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 Marketing Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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
Common Stock(1)	10/01/2025		M		5,455	A	$0	11,326	D
Common Stock	10/01/2025		F(2)		1,967	D	$70.49	9,359	D

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
Restricted Stock Units	(3)	10/01/2025		M			613	(4)	(4)	Common Stock	613	$0	1,840	D
Restricted Stock Units	(3)	10/01/2025		M			859	(5)	(5)	Common Stock	859	$0	8,591	D
Restricted Stock Units	(3)	10/01/2025		M			3,983	(6)	(6)	Common Stock	3,983	$0	39,830	D

Explanation of Responses:

1. Shares of common stock acquired upon the vesting of the restricted stock units.

2. 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

3. Represents restricted stock units which correspond 1-for-1 with common stock.

4. 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.

5. 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.

6. 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.

	/s/ Brittany Keen, as Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did ETSY CMO Minor Bradley report on Form 4 (ETSY)?

Minor Bradley reported vesting of 5,455 shares on 10/01/2025 and the withholding of 1,967 shares at $70.49 to cover taxes, resulting in 9,359 shares owned after the withholding.

How many restricted stock units (RSUs) remain outstanding for Minor Bradley?

The filing discloses RSU tranches corresponding to 613, 859, and 3,983 underlying common shares that vest on scheduled dates beginning April 1, 2025 and July 1, 2025.

Were any open-market purchases or voluntary sales reported by the insider?

No open-market purchases or voluntary sales are reported; the transactions relate to RSU vesting (acquisitions) and a withholding by the issuer to cover taxes.

What is the significance of the reported price of $70.49?

The filing shows $70.49 as the price associated with the withholding of 1,967 shares to satisfy tax obligations on the vested RSUs.

Does the Form 4 indicate any change in role or relationship to ETSY for Minor Bradley?

The form lists Minor Bradley as an Officer with the title Chief Marketing Officer; no change in role is reported.