Etsy (ETSY) CEO Kruti Patel Goyal receives 2,028 performance stock units in Form 4

Rhea-AI Filing Summary

Etsy, Inc. Chief Executive Officer Kruti Patel Goyal reported a compensation-related equity grant. On March 6, 2026, she acquired 2,028 performance stock units (PSUs), each representing the contingent right to receive one share of Etsy common stock at no purchase price.

These 2,028 shares were earned under a performance-based restricted stock unit award after the company’s Compensation Committee certified that specified performance criteria were achieved on March 6, 2026. The reported shares represent 25% of the total shares subject to this PSU award and are scheduled to vest in full on April 1, 2026, if she remains continuously employed through that date.

Following this grant, Patel Goyal holds 8,427 derivative securities of this type directly. Footnotes state she has irrevocably elected to satisfy all withholding taxes upon share delivery by authorizing Etsy to withhold a sufficient number of shares.

Insights

Equity Compensation Analyst

CEO received 2,028 performance stock units as part of equity compensation.

The transaction is a routine equity award, coded as an acquisition (A) of 2,028 performance stock units that convert 1-for-1 into Etsy common stock. There is no cash paid and no open-market buying or selling involved.

The footnotes clarify this award is tied to performance criteria certified by the Compensation Committee on March 6, 2026, and that the reported 2,028 shares represent 25% of the total PSU award. Full vesting on April 1, 2026 depends on continued employment, which is typical for performance-based executive compensation.

Because this is a grant/vesting-related update rather than a discretionary market trade, it carries limited signaling value about management’s view of Etsy’s share price. It does, however, incrementally increase the CEO’s equity-based exposure to Etsy through 8,427 derivative securities reported after this transaction.

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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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^*

PATEL GOYAL KRUTI

(Last) (First) (Middle)

C/O ETSY, INC.

117 ADAMS STREET

(Street)

BROOKLYN NY 11201

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Unit(1)	(2)	03/06/2026		A		2,028(3)		(3)	(3)	Common Stock	2,028	$0	8,427	D

Explanation of Responses:

1. The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.

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

3. Represents the number of shares earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, the shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 6, 2026). The shares will vest in full on April 1, 2026, subject to the Reporting Person remaining continuously employed through the vesting date. The shares reported on this form represent 25% of the total number of shares subject to the PSU award. The remaining 75% of the shares have already been earned based on the performance criteria of the award.

	/s/ Brittany Keen, Attorney-in-Fact	03/10/2026
	** 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.

FAQ

What did Etsy (ETSY) CEO Kruti Patel Goyal report in this Form 4?

Etsy CEO Kruti Patel Goyal reported receiving 2,028 performance stock units. Each unit corresponds 1-for-1 to Etsy common stock, granted at no cost as equity compensation and tied to specific performance criteria previously certified by the company’s Compensation Committee.

Is the Etsy (ETSY) CEO’s Form 4 transaction a stock purchase or sale?

The Form 4 shows no open-market purchase or sale by the CEO. It records an acquisition of 2,028 performance stock units as a compensation grant, rather than a voluntary buy or sell decision in the public market for Etsy shares.

What performance stock unit award did Etsy (ETSY) certify for its CEO?

The company certified performance conditions for a PSU award to the CEO, resulting in 2,028 earned shares now reportable. These shares represent 25% of the total PSU award, with the remaining 75% already earned based on the same performance criteria set by Etsy.

When do the reported Etsy (ETSY) performance stock units vest for the CEO?

The reported 2,028 performance stock units are scheduled to vest in full on April 1, 2026. Vesting is conditioned on Kruti Patel Goyal remaining continuously employed with Etsy through that vesting date under the terms of the PSU award.

How many derivative securities does the Etsy (ETSY) CEO hold after this Form 4?

After this transaction, Kruti Patel Goyal is shown holding 8,427 derivative securities of this type. These consist of performance stock units that each correspond 1-for-1 with Etsy common stock, reflecting her equity-based exposure under the company’s compensation programs.

How will withholding taxes be handled for the Etsy (ETSY) CEO’s PSU award?

Footnotes state the CEO irrevocably elected to cover all withholding taxes by share withholding. Etsy will withhold a sufficient number of shares upon delivery, instead of the CEO paying cash, to satisfy the tax obligation tied to the PSU vesting.