Etsy (NASDAQ: ETSY) CMO details RSU vesting and tax share withholding
Rhea-AI Filing Summary
Etsy, Inc. reported an insider equity transaction by its Chief Marketing Officer on January 1, 2026. The executive acquired 4,842 shares of Etsy common stock at $0 per share upon the vesting of previously granted restricted stock units.
To cover tax withholding obligations tied to this vesting, 1,928 shares of common stock were withheld by Etsy at a price of $55.44 per share. After these transactions, the officer directly held 10,287 shares of common stock.
The filing also shows derivative holdings of restricted stock units. One grant for 859 units and another for 3,983 units converted into common stock, leaving 7,732 and 35,847 restricted stock units outstanding. These units vest in equal quarterly installments starting in 2025, contingent on continued employment or meeting retirement eligibility conditions.
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FAQ
What insider transaction did Etsy (ETSY) report in this Form 4?
The Chief Marketing Officer of Etsy, Inc. reported the vesting of restricted stock units on January 1, 2026, resulting in the acquisition of 4,842 shares of Etsy common stock and the withholding of shares to cover taxes.
How many Etsy shares did the CMO acquire and at what price?
The CMO acquired 4,842 shares of Etsy common stock at an exercise price of $0 per share when restricted stock units vested on January 1, 2026.
Why were 1,928 Etsy shares disposed of in this filing?
The filing states that 1,928 shares of Etsy common stock were withheld by the company at $55.44 per share to satisfy the reporting person’s tax withholding obligations related to the RSU vesting and settlement.
How many Etsy shares does the CMO own after the reported transactions?
Following the reported transactions on January 1, 2026, the Chief Marketing Officer directly beneficially owned 10,287 shares of Etsy common stock.
What restricted stock unit (RSU) holdings does the Etsy CMO still have?
After the transactions, the CMO held 7,732 restricted stock units from one grant and 35,847 restricted stock units from another grant, each corresponding 1-for-1 with Etsy common stock.
What are the vesting schedules for the Etsy CMO’s RSUs?
One RSU grant vests in 13 equal quarterly installments beginning on April 1, 2025. Another vests in 12 equal quarterly installments beginning on July 1, 2025, in each case if the CMO remains continuously employed or becomes retirement eligible before those vesting dates.
What is the CMO’s relationship to Etsy as noted in the filing?
The reporting person is identified as an Officer of Etsy, Inc., serving as Chief Marketing Officer, and filed the Form 4 as a single reporting person.