Etsy product & tech chief gains shares via RSU vesting
ETSY INC Chief Product & Tech Officer Richard Edward Colburn III reported routine equity compensation activity involving restricted stock units (RSUs).
Rhea-AI Filing Summary
ETSY INC Chief Product & Tech Officer Richard Edward Colburn III reported routine equity compensation activity involving restricted stock units (RSUs). On July 1, 2026, RSUs converted into 9,037 shares of common stock at a stated price of $0.00 per share, reflecting vesting rather than a market purchase.
To cover related tax obligations, 4,932 common shares were withheld by Etsy at a price of $72.83 per share, classified as a tax-withholding disposition rather than an open-market sale. After these transactions, Colburn directly held 13,526 shares of Etsy common stock. Footnotes state the RSUs convert 1-for-1 into common stock and vest in 12 equal quarterly installments beginning on specified dates, contingent on continued employment or retirement eligibility.
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Insider Trade Summary
9,037 shares exercised/converted
Exercise
5 txns
Insider
Colburn Richard Edward III
Role
Chief Product & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 752 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,067 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,218 | $0.00 | $0.00 |
| Exercise | Common Stock | 9,037 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,932 | $72.83 | $359K |
Holdings After Transaction:
Restricted Stock Units — 92,126 contracts (Direct);
Common Stock — 13,526 shares (Direct)
Footnotes (5)
- F1. Shares of common stock acquired upon the vesting of restricted stock units.
- F2. 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.
- F3. Represents restricted stock units which correspond 1-for-1 with common stock.
- F4. 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.
- F5. 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: 9,037 shares
Tax-withholding shares: 4,932 shares
Withholding price: $72.83 per share
+5 more
8 metrics
Shares acquired via RSU vesting
9,037 shares
Common stock acquired on July 1, 2026 from RSU conversion
Tax-withholding shares
4,932 shares
Common stock withheld to cover taxes at $72.83 per share
Withholding price
$72.83 per share
Price used for tax-withholding disposition of 4,932 shares
Post-transaction holdings
13,526 shares
Directly held Etsy common stock after July 1, 2026 transactions
RSU conversion block
7,218 units
Restricted stock units converting 1-for-1 into common stock
Additional RSU blocks
1,067 and 752 units
Further RSUs converting 1-for-1 into Etsy common stock
Vesting schedule 1
12 quarterly installments
RSUs vesting starting July 1, 2025 with employment conditions
Vesting schedule 2
12 quarterly installments
RSUs vesting starting July 1, 2026 with employment conditions
Key Terms
Restricted Stock Units, tax withholding obligations, derivative security, vesting, +1 more
5 terms
Restricted Stock Units financial
"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.
vesting financial
"restricted stock units vest in 12 equal quarterly installments"
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.
retirement eligible financial
"provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date"
FAQ
What did Etsy (ETSY) executive Richard Colburn report in this Form 4?
Richard Colburn reported RSU vesting that converted into common shares and a related tax withholding. RSUs turned into 9,037 Etsy shares, and 4,932 shares were withheld to satisfy tax obligations, leaving him with 13,526 directly held shares.
What is the role of restricted stock units (RSUs) in this Etsy (ETSY) Form 4?
RSUs are a form of stock-based compensation that convert into common shares upon vesting. In this filing, multiple RSU grants converted into 9,037 Etsy common shares, consistent with footnotes stating each RSU corresponds 1-for-1 with a share of common stock.
How do the Etsy (ETSY) RSUs for Richard Colburn vest over time?
Footnotes explain certain RSU awards vest in 12 equal quarterly installments. One grant begins vesting on July 1, 2025 and another on July 1, 2026, provided Colburn remains continuously employed or becomes retirement eligible before each vesting date.
Was the Etsy (ETSY) tax withholding transaction a sale by Richard Colburn?
The 4,932-share disposition is described as withholding by Etsy to satisfy Colburn’s tax obligations from RSU vesting. This is categorized as a tax-withholding disposition, not an open-market sale, and is a standard mechanism for equity compensation taxation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
