Etsy Board Member Marc Steinberg Gets Fresh Stock Grant Worth Millions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Etsy Inc Director Marc Steinberg reported significant insider transactions on June 17, 2025, involving Restricted Stock Units (RSUs). The transactions included:
- Acquisition of 4,909 shares of common stock through the vesting of RSUs at $0 exercise price
- Receipt of new grant of 4,733 RSUs as part of annual non-employee director compensation
Following these transactions, Steinberg directly owns 5,971 shares of Etsy common stock. The newly granted RSUs will vest at the next Annual Meeting of Stockholders, contingent on Steinberg's continued board service. This filing demonstrates standard board compensation practices and ongoing director equity participation in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,909 shares exercised/converted
Mixed
3 txns
Insider
Steinberg Marc
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,909 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 4,733 | $0.00 | -- |
| Exercise | Common Stock | 4,909 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 5,971 shares (Direct)
Footnotes (1)
- Units correspond 1-for-1 with common stock. 100% of this award vested on June 17, 2025. This award is granted as part of the Reporting Person's annual retainer under the Etsy, Inc. Compensation Program for Non-Employee directors. 100% of this award will vest on the date of the next Annual Meeting of Stockholders, subject to the Reporting Person's continuous service as a member of the Board of Directors on such date.
FAQ
What insider trading activity occurred at ETSY on June 17, 2025?
Director Marc Steinberg acquired 4,909 shares of ETSY common stock through the vesting of Restricted Stock Units (RSUs) at $0 exercise price. Following this transaction, he owned 5,971 shares directly.
How many new Restricted Stock Units (RSUs) did ETSY director Marc Steinberg receive in June 2025?
Marc Steinberg received 4,733 new Restricted Stock Units (RSUs) on June 17, 2025, as part of Etsy's Compensation Program for Non-Employee directors. These RSUs will vest at the next Annual Meeting of Stockholders.
What is the vesting schedule for ETSY director Marc Steinberg's new RSU grant?
The 4,733 RSUs granted on June 17, 2025, will vest 100% on the date of the next Annual Meeting of Stockholders, contingent on Steinberg's continued service as a Board member until that date.