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Etsy (NASDAQ: ETSY) CMO logs RSU vesting and tax share withholding

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

Rhea-AI Filing Summary

ETSY INC Chief Marketing Officer Bradley Minor reported routine equity compensation activity. On May 1, 2026, 2,089 Restricted Stock Units converted into an equal number of Etsy common shares upon vesting. In a related move, 754 common shares were withheld by Etsy at $63.17 per share to cover Minor’s tax withholding obligations. The filing characterizes this as tax-withholding, not an open-market sale. Footnotes indicate these RSUs vest in three equal semi-annual installments beginning May 1, 2025, contingent on continued employment.

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Insider Minor Bradley
Role Chief Marketing Officer
Type Security Shares Price Value
Exercise Restricted Stock Units 2,089 $0.00 --
Exercise Common Stock 2,089 $0.00 --
Tax Withholding Common Stock 754 $63.17 $48K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 15,864 shares (Direct, null)
Footnotes (1)
  1. Shares of common stock acquired upon the vesting of the 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 3 equal semi-annual installments beginning on May 1, 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
RSUs vested 2,089 units Restricted Stock Units converting into common stock on May 1, 2026
Shares withheld for tax 754 shares Common stock withheld to satisfy tax obligations on May 1, 2026
Withholding price $63.17 per share Price used for tax-withholding disposition of 754 shares
Exercise/conversion transactions 1 transaction, 2,089 shares Derivative exercise/conversion per transactionSummary
Tax-withholding transactions 1 transaction, 754 shares Tax withholding disposition per transactionSummary
Restricted Stock Units financial
"security_title": "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.
tax withholding obligations financial
"to satisfy the Reporting Person's tax withholding obligations in connection"
vesting financial
"acquired upon the vesting of the restricted stock units"
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.
semi-annual installments financial
"vest in 3 equal semi-annual installments beginning on May 1, 2025"
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.
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*
Minor Bradley

(Last)(First)(Middle)
C/O ETSY, INC.
117 ADAMS STREET

(Street)
BROOKLYN NEW YORK 11201

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Marketing Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
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 Stock(1)05/01/2026M2,089A$015,864D
Common Stock05/01/2026F(2)754D$63.1715,110D
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(3)05/01/2026M2,089 (4) (4)Common Stock2,089$00D
Explanation of Responses:
1. Shares of common stock acquired upon the vesting of the restricted stock units.
2. 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
3. Represents restricted stock units which correspond 1-for-1 with common stock.
4. The restricted stock units vest in 3 equal semi-annual installments beginning on May 1, 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
/s/ Jennifer Card, as Attorney-in-Fact05/05/2026
** 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)

FAQ

What insider transaction did Etsy (ETSY) report for Bradley Minor?

Etsy reported that Chief Marketing Officer Bradley Minor had 2,089 Restricted Stock Units vest into common stock. This is routine equity compensation and reflects previously granted RSUs converting into Etsy shares rather than an open-market stock purchase.

Did Bradley Minor sell Etsy (ETSY) shares in the open market?

The filing shows no open-market sale. Instead, 754 shares of Etsy common stock were withheld at $63.17 per share to satisfy Minor’s tax withholding obligations related to vesting RSUs, a standard administrative transaction.

What does the tax withholding transaction mean for Etsy (ETSY) shares?

The tax withholding transaction reflects 754 shares retained by Etsy at $63.17 per share to pay taxes on vested RSUs. It is categorized as a tax-withholding disposition, not a discretionary sale, and is typical for executive equity awards.

How many Etsy (ETSY) Restricted Stock Units vested for Bradley Minor?

The Form 4 shows that 2,089 Restricted Stock Units vested and converted into an equal number of Etsy common shares. Footnotes explain these RSUs correspond 1-for-1 with common stock and are part of a scheduled vesting arrangement.

How do Bradley Minor’s RSUs in Etsy (ETSY) vest over time?

According to the footnotes, the Restricted Stock Units vest in three equal semi-annual installments beginning on May 1, 2025. Vesting is conditioned on Minor remaining continuously employed by Etsy on each vesting date, with no stated expiration date for the RSUs.