Etsy Board Member Michele Burns Gains $500K in Stock Awards

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Director M. Michele Burns reported multiple transactions in Etsy stock on June 17, 2025. The transactions involved:

Acquisition of 4,988 shares of common stock at $0 through the vesting of Restricted Stock Units (RSUs)
Receipt of a new grant of 4,733 RSUs as part of the annual non-employee director compensation program

Following these transactions, Burns directly owns 27,705 shares of Etsy common stock. The newly granted RSUs will vest at the next Annual Meeting of Stockholders, contingent on continued board service. These transactions reflect standard board compensation practices rather than open market purchases or sales.

Insider Trade Summary

4,988 shares exercised/converted

Mixed 3 txns

Insider BURNS M MICHELE

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,988	$0.00	--
Grant/Award	Restricted Stock Units	4,733	$0.00	--
Exercise	Common Stock	4,988	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 27,705 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.

Form 4 Insider Transactions: What Each Field Means →

06/18/2025 - 04:32 PM

SEC Form 4

FORM 4

UNITED 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
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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^*

BURNS M MICHELE

(Last)

(First)

(Middle)

C/O GOLDMAN, SACHS & CO.

200 WEST STREET

(Street)

NEW YORK

10282

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ETSY INC [ ETSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/17/2025		M		4,988	A	$0	27,705	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/17/2025		M			4,988	⁽²⁾	⁽²⁾	Common Stock	4,988	$0	0	D
Restricted Stock Units	⁽¹⁾	06/17/2025		A		4,733		⁽³⁾	⁽³⁾	Common Stock	4,733	$0	4,733	D

Explanation of Responses:

1. Units correspond 1-for-1 with common stock.

2. 100% of this award vested on June 17, 2025.

3. 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.

	/s/ Brittany Keen, Attorney-in-Fact	06/18/2025
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider trading activity occurred at ETSY on June 17, 2025?

Director M. Michele Burns acquired 4,988 shares of ETSY common stock through the vesting of Restricted Stock Units (RSUs) at $0 exercise price. Following this transaction, Burns owned 27,705 shares directly.

How many new Restricted Stock Units (RSUs) did ETSY director Michele Burns receive in June 2025?

Michele Burns 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 Michele Burns' 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 Burns maintaining continuous service as a Board member until that date.

How many ETSY shares does director Michele Burns own after the June 2025 transactions?

Following the reported transactions, Michele Burns directly owns 27,705 shares of ETSY common stock and 4,733 unvested Restricted Stock Units that will convert 1-for-1 to common stock upon vesting.