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Etsy (ETSY) director exercises 41,529 options, holds 59,113 shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ETSY INC director Margaret Mary Smyth exercised stock options and increased her direct shareholdings. She exercised Director Stock Options for 41,529 shares of Common Stock at an exercise price of $9.67 per share. Following the transaction, she directly owns 59,113 shares of Etsy common stock. The options had vested in three equal annual installments, conditioned on her continued service as a director.

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Insider Smyth Margaret Mary
Role Director
Type Security Shares Price Value
Exercise Director Stock Option (Right to Buy) 41,529 $0.00 --
Exercise Common Stock 41,529 $9.67 $402K
Holdings After Transaction: Director Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 59,113 shares (Direct)
Footnotes (1)
  1. [object Object]
Options Exercised 41,529 shares Director Stock Option exercise on March 27, 2026
Exercise Price $9.67 per share Director Stock Option conversion price
Shares Owned After 59,113 shares Direct Etsy Common Stock holdings following transaction
Derivative Exercises 1 transaction, 41,529 shares Exercise or conversion of derivative security (Code M)
Director Stock Option financial
"security_title: "Director Stock Option (Right to Buy)""
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
exercise price financial
"conversion_or_exercise_price: "9.6700""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"This award vested in equal installments on each of the first three anniversaries"
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.
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).
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*
Smyth Margaret Mary

(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)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026
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 Stock03/27/2026M41,529A$9.6759,113D
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
Director Stock Option (Right to Buy)$9.6703/27/2026M41,529 (1)06/08/2026Common Stock41,529$00D
Explanation of Responses:
1. This award vested in equal installments on each of the first three anniversaries of the grant date, subject to the Reporting Person's continuous service through those dates.
/s/ Brittany Keen, Attorney-in-Fact03/31/2026
** 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)

FAQ

What did Etsy (ETSY) director Margaret Mary Smyth report in this Form 4?

She reported exercising Director Stock Options for 41,529 shares of Etsy Common Stock. The options converted into shares at an exercise price of $9.67 per share, increasing her directly owned position to 59,113 shares following the transaction.

Did Margaret Mary Smyth buy or sell Etsy (ETSY) shares in the market?

She did not report any open-market purchases or sales. The Form 4 shows a derivative exercise, where previously granted Director Stock Options were converted into 41,529 Common Stock shares at $9.67 per share, increasing her direct share ownership.

How many Etsy (ETSY) shares does Margaret Mary Smyth own after this transaction?

After exercising options, she directly owns 59,113 shares of Etsy Common Stock. This total reflects the addition of 41,529 shares acquired through the option exercise reported, with no dispositions or sales disclosed in this Form 4.

What was the exercise price of the Etsy (ETSY) Director Stock Options?

The Director Stock Options were exercised at an exercise price of $9.67 per share. Exercising 41,529 options at this fixed price converted the derivative position into an equal number of Etsy Common Stock shares, as reflected in the Form 4 disclosure.

How did the Etsy (ETSY) director stock options vest for Margaret Mary Smyth?

The award vested in three equal installments on each of the first three anniversaries of the grant date. Vesting was subject to her continuous service as a director through those dates, according to the footnote included with the Form 4 filing.
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United States
BROOKLYN