STOCK TITAN

Etsy Inc (ETSY) chair sells 6,294 shares after option exercise

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ETSY INC Executive Chair of the Board Josh Silverman exercised 6,294 employee stock options at $10.62 per share and sold 6,294 common shares at $84.00 per share under a Rule 10b5-1 trading plan adopted on November 20, 2025. Following the exercise, he holds 18,160 options, and additional shares are reported as held indirectly by various trusts; for the GST, Non-GST and 2019 trusts, Silverman disclaims beneficial ownership.

Positive

  • None.

Negative

  • None.
Insider Silverman Josh
Role Director
Sold 6,294 shs ($529K)
Approx. gross sale proceeds $529K
Approx. exercise cost $67K
Approx. pre-tax spread $462K
Type Security Shares Price Value
Exercise Employee Stock Option (Right to Buy) F1, F5 6,294 $0.00 $0.00
Exercise Common Stock F1 6,294 $10.62 $67K
Sale Common Stock F1 6,294 $84.00 $529K
holding Common Stock F2 -- -- --
holding Common Stock F3 -- -- --
holding Common Stock -- -- --
holding Common Stock F4 -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 18,160 shares (Direct); Common Stock — 249,559 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)
  1. F1. This exercise and subsequent sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2025.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
Options exercised 6,294 shares Employee stock options exercised on 2026-08-04 at $10.62 per share
Shares sold 6,294 shares Common stock sold on 2026-08-04 at $84.00 per share
Exercise price $10.62 per share Strike price of employee stock options exercised by Josh Silverman
Sale price $84.00 per share Per-share price for the common stock sale on 2026-08-04
Options remaining 18,160 shares Employee stock options held directly after the reported exercise
GST Trust holdings 4,942 shares Indirect common stock held by the JGS 2018 Irrevocable GST Trust
Non-GST Trust holdings 16,886 shares Indirect common stock held by the JGS 2018 Irrevocable Non-GST Trust
2019 Trust holdings 54,325 shares Indirect common stock held by the 2019 Irrevocable Children's Trust
Rule 10b5-1 trading plan regulatory
"This exercise and subsequent sale was made 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) financial
"Security title is Employee Stock Option (Right to Buy) for the derivative position"
Irrevocable GST Trust financial
"These shares are held by the JGS 2018 Irrevocable GST Trust (the GST Trust)"
Irrevocable Non-GST Trust financial
"These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the Non-GST Trust)"
Irrevocable Children's Trust financial
"These shares are held by the Joshua G. Silverman 2019 Irrevocable Children's Trust"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transactions did ETSY (ETSY) Executive Chair Josh Silverman report?

Josh Silverman exercised 6,294 Etsy employee stock options at $10.62 and sold 6,294 common shares at $84.00 on August 4, 2026. The option exercise and matching share sale were reported as related steps in a single transaction sequence.

Were Josh Silverman’s ETSY (ETSY) trades made under a Rule 10b5-1 plan?

Yes. The filing states the exercise and subsequent sale were made under a Rule 10b5-1 trading plan adopted on November 20, 2025. Such pre-arranged plans are designed to systematize trading and reduce the significance of trade timing for informational purposes.

How many ETSY (ETSY) stock options does Josh Silverman hold after this Form 4?

After exercising 6,294 options, Silverman holds 18,160 employee stock options. These options carry a strike price of $10.62 per share and were originally part of a grant that vested beginning in 2018 over a multi‑year schedule.

At what prices did Josh Silverman exercise and sell his ETSY (ETSY) shares?

He exercised options at an exercise price of $10.62 per share and sold the resulting 6,294 common shares at $84.00 per share. The sale price reflects the market transaction, distinct from the lower option strike price he paid to acquire the shares.

What indirect ETSY (ETSY) share holdings are reported for Josh Silverman?

Indirect holdings include 4,942 shares in a GST trust, 16,886 in a Non‑GST trust, 42,269 in an irrevocable trust, and 54,325 in a 2019 children’s trust. For the GST, Non‑GST and 2019 trusts, Silverman disclaims beneficial ownership of the reported securities.

What is the vesting history of the ETSY (ETSY) options Josh Silverman exercised?

The exercised options are from a grant that vested 25% on May 4, 2018, with the remainder vesting in 36 equal monthly installments. This schedule indicates a four‑year vesting period, after which the full option grant became exercisable subject to its expiration date.
SEC Form 4
FORM 4UNITED 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).
X
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*
Silverman Josh

(Last)(First)(Middle)
C/O ETSY INC.
117 ADAMS STREET

(Street)
BROOKLYN NEW YORK 11201

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ETSY INC [ ETSY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Executive Chair of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/04/2026M(1)6,294A$10.62255,853D
Common Stock08/04/2026S(1)6,294D$84249,559D
Common Stock4,942IBy GST Trust(2)
Common Stock16,886IBy Non-GST Trust(3)
Common Stock42,269IBy Irrevocable Trust
Common Stock54,325IBy 2019 Trust(4)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (Right to Buy)$10.6208/04/2026M(1)6,294 (5)05/03/2027Common Stock6,294$018,160D
Explanation of Responses:
1. This exercise and subsequent sale was made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 20, 2025.
2. 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.
3. 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.
4. 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.
5. 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.
/s/ Brittany Keen, Attorney-in-Fact08/06/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)