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Etsy chair Josh Silverman sells 41,500 shares

ETSY Executive Chair of the Board and director Josh Silverman reported selling 41,500 common shares on November 2, 2026, at a weighted average of $92.13 per share; the shares were sold in multiple transactions at prices from $91.94 to $92.64.

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Form Type
4

Rhea-AI Filing Summary

ETSY Executive Chair of the Board and director Josh Silverman reported selling 41,500 common shares on November 2, 2026, at a weighted average of $92.13 per share; the shares were sold in multiple transactions at prices from $91.94 to $92.64. No Rule 10b5-1 plan is reported. On October 30, 2026, Silverman exercised options to acquire 1,189 common shares at $10.62 per share and sold 1,189 shares at $88.705 per share. The reported balance of those options after exercise was zero. The options were part of a grant that vested 25% on May 4, 2018, with the remainder vesting in 36 equal monthly installments.

Listed trust-held positions as of October 30, 2026, included 4,942 shares in the JGS 2018 Irrevocable GST Trust, 16,886 in the JGS 2018 Irrevocable Non-GST Trust, 42,269 in an Irrevocable Trust, and 54,325 in the Joshua G. Silverman 2019 Irrevocable Children's Trust. Silverman disclaims beneficial ownership of the GST, Non-GST, and 2019 trusts.

Insider Silverman Josh
Role Director
Sold 42,689 shs ($3.93M)
Approx. gross sale proceeds $3.93M
Approx. exercise cost $13K
Share of Position Sold 16.2%
Type Security Shares Price Value
Sale Common Stock F1 41,500 $92.13 $3.82M
Exercise Employee Stock Option (Right to Buy) F5 1,189 $0.00 $0.00
Exercise Common Stock 1,189 $10.62 $13K
Sale Common Stock 1,189 $88.705 $105K
Holding Common Stock F2 -- -- --
Holding Common Stock F3 -- -- --
Holding Common Stock -- -- --
Holding Common Stock F4 -- -- --
Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 221,117 shares (Direct); Common Stock — 4,942 shares (Indirect, By GST Trust); Common Stock — 16,886 shares (Indirect, By Non-GST Trust); Common Stock — 42,269 shares (Indirect, By Irrevocable Trust); Common Stock — 54,325 shares (Indirect, By 2019 Trust)
Holdings Before and After: Employee Stock Option (Right to Buy), 1,189 to 0 contracts (Direct); Common Stock, 262,617 to 221,117 shares (Direct)
Other Insiders: 6 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (5)
  1. F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.94 to $92.64, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  2. F2. These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  3. F3. These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  4. F4. These shares are held by the Joshua G. Silverman 2019 Irrevocable Children's Trust (the "2019 Trust"). A family member of the Reporting Person is the trustee of the 2019 Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  5. F5. These stock options are part of a grant that vested as to 25% on May 4, 2018 with the remainder vesting in 36 equal monthly installments.
Common shares sold 41,500 shares November 2, 2026
Weighted-average sale price $92.13 per share November 2, 2026
Options exercised 1,189 options October 30, 2026
Exercise price $10.62 per share Options exercised October 30, 2026
Common shares sold 1,189 shares October 30, 2026
Sale price $88.705 per share October 30, 2026
Shares held by JGS 2018 Irrevocable GST Trust 4,942 shares As of October 30, 2026
Shares held by JGS 2018 Irrevocable Non-GST Trust 16,886 shares As of October 30, 2026
weighted average price financial
"a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
vesting financial
"remainder vesting in 36 equal monthly installments"
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.
beneficial ownership financial
"disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

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How many ETSY shares did Josh Silverman sell?

Josh Silverman, ETSY's Executive Chair of the Board and a director, reported selling 41,500 common shares on November 2, 2026, at a weighted average price of $92.13 per share. The shares were sold in multiple transactions at prices from $91.94 to $92.64, inclusive. No Rule 10b5-1 plan is reported.

What happened with Josh Silverman's ETSY options on October 30, 2026?

He exercised options to acquire 1,189 common shares at $10.62 per share and sold 1,189 common shares the same day at $88.705 per share. The reported balance of those options after exercise was zero. The options came from a grant that vested 25% on May 4, 2018, with the remainder vesting in 36 equal monthly installments.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Silverman Josh

(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)
XDirector10% Owner
Officer (give title below)XOther (specify below)
Executive Chair of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026
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 Stock10/30/2026M1,189A$10.62263,806D
Common Stock10/30/2026S1,189D$88.705262,617D
Common Stock11/02/2026S41,500D$92.13(1)221,117D
Common Stock4,942IBy GST Trust(2)
Common Stock16,886IBy Non-GST Trust(3)
Common Stock42,269IBy Irrevocable Trust
Common Stock54,325IBy 2019 Trust(4)
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
Employee Stock Option (Right to Buy)$10.6210/30/2026M1,189 (5)05/03/2027Common Stock1,189$00D
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.94 to $92.64, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
2. These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
3. These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
4. These shares are held by the Joshua G. Silverman 2019 Irrevocable Children's Trust (the "2019 Trust"). A family member of the Reporting Person is the trustee of the 2019 Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
5. These stock options are part of a grant that vested as to 25% on May 4, 2018 with the remainder vesting in 36 equal monthly installments.
/s/ Brittany Keen, Attorney-in-Fact11/02/2026
** 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)

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