Etsy Inc (ETSY) chair sells 6,294 shares after option exercise
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 Trade Summary 10b5-1
Exercise and Sale: 6,294 shares ($462K approx. pre-tax spread)
Exercise and Sale
7 txns
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)
- 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.
- 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: 6,294 shares
Shares sold: 6,294 shares
Exercise price: $10.62 per share
+5 more
8 metrics
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
Key Terms
Rule 10b5-1 trading plan, Employee Stock Option (Right to Buy), Irrevocable GST Trust, Irrevocable Non-GST Trust, +1 more
5 terms
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.
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.
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.