Etsy chair Josh Silverman sells 383 shares
Silverman’s reported post-sale position included 262,234 directly held common shares, with other shares listed through trusts.
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Form Type
4
Rhea-AI Filing Summary
Etsy Inc. Executive Chair of the Board Josh Silverman exercised 383 options at $10.62 and sold 383 common shares at $74 per share on October 8, 2026, under a Rule 10b5-1 trading plan adopted November 20, 2025. Reported post-transaction positions were 262,234 directly held common shares, 2,320 options, and indirect holdings of 4,942 GST Trust, 16,886 Non-GST Trust, 42,269 Irrevocable Trust and 54,325 2019 Trust shares. Silverman disclaimed beneficial ownership of the GST, Non-GST and 2019 Trust shares.
Insider Trade Summary 10b5-1
Exercise and Sale: 383 shares ($24K approx. pre-tax spread)
Exercise and Sale
6 txns
Insider
Silverman Josh
Role
Director
Sold
383 shs ($28K)
Approx. gross sale proceeds
$28K
Approx. exercise cost
$4K
Approx. pre-tax spread
$24K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) F1, F5 | 383 | $0.00 | $0.00 |
| Sale | Common Stock F1 | 383 | $74.00 | $28K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F4 | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 2,320 contracts (Direct);
Common Stock — 262,234 shares (Direct);
Common Stock — 4,942 shares (Indirect, By GST Trust);
Common Stock — 16,886 shares (Indirect, By Non-GST Trust);
Common Stock — 42,269 shares (Indirect, By Irrevocable Trust);
Common Stock — 54,325 shares (Indirect, By 2019 Trust)
Footnotes (5)
- F1. This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2025.
- F2. These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F3. These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4. These shares are held by the Joshua G. Silverman 2019 Irrevocable Children's Trust (the "2019 Trust"). A family member of the Reporting Person is the trustee of the 2019 Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F5. These stock options are part of a grant that vested as to 25% on May 4, 2018 with the remainder vesting in 36 equal monthly installments.
Key Figures
Options exercised: 383 shares
Common shares sold: 383 shares
Sale price: $74 per share
+5 more
8 metrics
Options exercised
383 shares
October 8, 2026
Common shares sold
383 shares
October 8, 2026
Sale price
$74 per share
Common stock sale on October 8, 2026
Exercise price
$10.62 per share
Option exercise on October 8, 2026
Directly held common shares
262,234 shares
Reported after the transactions
Options
2,320 shares
Reported after the exercise
GST Trust shares
4,942 shares
Indirect holding reported October 8, 2026
Non-GST Trust shares
16,886 shares
Indirect holding reported October 8, 2026
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option (Right to Buy), beneficial ownership, vesting
4 terms
Rule 10b5-1 trading plan regulatory
"pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Option (Right to Buy) technical
"Employee Stock Option (Right to Buy)"
beneficial ownership regulatory
"disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
vesting technical
"remainder vesting in 36 equal monthly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the terms of Josh Silverman’s ETSY option exercise?
On October 8, 2026, Josh Silverman exercised 383 options at an exercise price of $10.62 per share. The reported option position afterward was 2,320 shares, and the options expire May 3, 2027. The grant vested as to 25% on May 4, 2018, with the remainder vesting in 36 equal monthly installments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
