Etsy (NASDAQ: ETSY) CAO reports RSU vesting and tax withholding transactions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ETSY INC chief accounting officer Merilee Buckley reported routine stock-based compensation activity involving restricted stock units and related tax withholding. On July 1, 2026, she acquired 2,014 shares of common stock through the vesting and conversion of restricted stock units, then had 728 shares withheld by Etsy to cover tax obligations tied to that vesting. Following these transactions, she directly holds 1,286 shares of Etsy common stock, along with multiple ongoing restricted stock unit awards that continue to vest in equal quarterly installments, subject to continued employment or retirement eligibility.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,014 shares exercised/converted
Mixed
5 txns
Insider
Buckley Merilee
Role
CHIEF ACCOUNTING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 730 | $0.00 | -- |
| Exercise | Restricted Stock Units | 650 | $0.00 | -- |
| Exercise | Restricted Stock Units | 634 | $0.00 | -- |
| Exercise | Common Stock | 2,014 | $0.00 | -- |
| Tax Withholding | Common Stock | 728 | $72.83 | $53K |
Holdings After Transaction:
Restricted Stock Units — 5,112 shares (Direct, null);
Common Stock — 2,014 shares (Direct, null)
Footnotes (1)
- Shares of common stock acquired upon the vesting of restricted stock units. This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units. Represents restricted stock units which correspond 1-for-1 with common stock. The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date. The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date. The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2026, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
Key Figures
Shares acquired via RSU vesting: 2,014 shares
Shares withheld for taxes: 728 shares
Price used for tax withholding: $72.83 per share
+4 more
7 metrics
Shares acquired via RSU vesting
2,014 shares
Common stock from restricted stock unit vesting on July 1, 2026
Shares withheld for taxes
728 shares
Tax-withholding disposition at $72.83 per share on July 1, 2026
Price used for tax withholding
$72.83 per share
Value applied to 728 withheld shares
Common shares held after transactions
1,286 shares
Direct ownership after July 1, 2026 Form 4 activity
RSUs remaining in one grant
6,980 units
Restricted Stock Units balance for one award after transactions
RSUs remaining in second grant
4,552 units
Restricted Stock Units balance for another award after transactions
RSUs remaining in third grant
5,112 units
Restricted Stock Units balance for third award after transactions
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, retirement eligible
4 terms
Restricted Stock Units financial
"Represents restricted stock units which correspond 1-for-1 with common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations"
derivative security financial
"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.
retirement eligible financial
"provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date"
FAQ
What insider transactions did ETSY chief accounting officer Merilee Buckley report?
Merilee Buckley reported stock-based compensation activity, receiving common shares from restricted stock unit vesting and a related share withholding for taxes. These Form 4 transactions reflect routine equity compensation rather than open-market buying or selling of ETSY stock.
Were Merilee Buckley’s ETSY transactions open-market buys or sells?
No, the Form 4 shows no open-market buys or sells. The activity reflects restricted stock units converting into common stock and a tax-withholding disposition, where ETSY retained shares to pay taxes instead of Buckley selling them on the open market.
How do Merilee Buckley’s ETSY restricted stock units vest over time?
Her restricted stock units vest in equal quarterly installments over multi-year schedules beginning on specific dates, such as July 1, 2024, July 1, 2025, and July 1, 2026, provided she remains continuously employed or becomes retirement eligible.
What does the tax-withholding transaction on Merilee Buckley’s ETSY Form 4 mean?
The tax-withholding transaction represents ETSY retaining 728 shares to satisfy Buckley’s tax obligations from restricted stock unit vesting. It is coded as a tax-withholding disposition and does not indicate an open-market sale of ETSY shares by the executive.