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Etsy (NASDAQ: ETSY) director boosts stake via RSU exercise and new grant

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

Rhea-AI Filing Summary

Etsy director Michele M. Burns increased her equity stake through routine equity compensation activity. On June 9, 2026, she exercised 4,733 restricted stock units, receiving 4,733 shares of Etsy common stock on a 1-for-1 basis. This award was 100% vested on that date, bringing her direct common stock holdings to 24,697 shares.

On the same date, she also received a new grant of 3,921 restricted stock units as part of her annual retainer under the Etsy, Inc. Compensation Program for Non-Employee directors. These units correspond 1-for-1 with common stock and will fully vest on the date of the next Annual Meeting of Stockholders, provided she continues serving on the Board through that date.

Positive

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Negative

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Insider BURNS M MICHELE
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 4,733 $0.00 --
Grant/Award Restricted Stock Units 3,921 $0.00 --
Exercise Common Stock 4,733 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 24,697 shares (Direct, null)
Footnotes (1)
  1. Units correspond 1-for-1 with common stock. 100% of this award vested on June 9, 2026. 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.
RSUs exercised into common stock 4,733 shares Exercise of restricted stock units on June 9, 2026
New RSU grant 3,921 units Annual retainer grant for non-employee director on June 9, 2026
Common shares held after transactions 24,697 shares Direct holdings of Michele M. Burns following June 9, 2026 activity
Unvested RSUs outstanding 3,921 units Restricted stock units scheduled to vest at next Annual Meeting
Transaction price per unit $0.00 Exercise and grant of restricted stock units on June 9, 2026
Restricted Stock Units financial
"The new grant to Michele M. Burns totals 3,921 restricted stock units."
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.
annual retainer financial
"This award is granted as part of the Reporting Person's annual retainer under the Etsy, Inc. Compensation Program for Non-Employee directors."
Compensation Program for Non-Employee directors financial
"This award is granted as part of the Reporting Person's annual retainer under the Etsy, Inc. Compensation Program for Non-Employee directors."
vested financial
"100% of this award vested on June 9, 2026."
units correspond 1-for-1 with common stock financial
"Units correspond 1-for-1 with common stock."
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Form 4 Insider Transactions: What Each Field Means →
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*
BURNS M MICHELE
(Last)(First)(Middle)
C/O GOLDMAN, SACHS & CO.
200 WEST STREET
(Street)
NEW YORK NEW YORK 10282
(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)
06/09/2026		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 Stock06/09/2026M4,733A$024,697D
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
Restricted Stock Units(1)06/09/2026M4,733 (2) (2)Common Stock4,733$00D
Restricted Stock Units(1)06/09/2026A3,921 (3) (3)Common Stock3,921$03,921D
Explanation of Responses:
1. Units correspond 1-for-1 with common stock.
2. 100% of this award vested on June 9, 2026.
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-Fact06/11/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Etsy (ETSY) director Michele M. Burns report?

Michele M. Burns reported exercising 4,733 restricted stock units into common stock and receiving a new grant of 3,921 restricted stock units. Both transactions are equity compensation-related, not open-market buying or selling of Etsy shares.

How many Etsy (ETSY) shares does Michele M. Burns hold after these transactions?

After the June 9, 2026 transactions, Michele M. Burns directly holds 24,697 shares of Etsy common stock. In addition, she holds 3,921 unvested restricted stock units that correspond 1-for-1 with Etsy common stock upon future vesting.

What was the size of the new restricted stock unit grant at Etsy (ETSY)?

The new grant to Michele M. Burns totals 3,921 restricted stock units. These units were awarded as part of her annual retainer under Etsy’s Compensation Program for Non-Employee directors, and each unit corresponds 1-for-1 with a share of Etsy common stock.

When do Michele M. Burns’s new Etsy (ETSY) restricted stock units vest?

The 3,921 new restricted stock units will vest 100% on the date of Etsy’s next Annual Meeting of Stockholders. Vesting is contingent on Michele M. Burns’ continuous service as a member of the Board of Directors through that meeting date.

What award did Michele M. Burns exercise into Etsy (ETSY) common stock?

She exercised 4,733 restricted stock units that corresponded 1-for-1 with Etsy common stock. According to the disclosure, 100% of this award had vested on June 9, 2026, and conversion occurred at a price of $0.00 per unit.

Is Michele M. Burns’s Etsy (ETSY) Form 4 a purchase or sale in the market?

The Form 4 reflects equity compensation activity, not open-market trading. Michele M. Burns exercised 4,733 previously granted restricted stock units and received a new 3,921-unit grant as director compensation, both recorded at a transaction price of $0.00 per share.