Etsy (ETSY) Chief Legal Officer details RSU vesting and tax share withholding
Rhea-AI Filing Summary
Etsy, Inc.'s Chief Legal Officer reported routine equity compensation activity. On 01/01/2026, the officer acquired 10,184 shares of common stock at $0 upon the vesting of previously granted restricted stock units. On the same date, 4,936 shares of common stock were disposed of at $55.44 per share, reflecting shares withheld by Etsy to cover tax obligations tied to this vesting. After these transactions, the officer directly owned 39,186 shares of common stock.
In addition, derivative holdings in the form of restricted stock units were adjusted. On 01/01/2026, 4,209 and 5,975 restricted stock units, each corresponding 1-for-1 to common stock, were converted into common shares at an exercise price of $0. Following these events, the officer held 37,887 and 53,770 restricted stock units under two separate award schedules that vest in equal quarterly installments starting on July 1, 2024 and July 1, 2025, respectively, subject to continued employment or retirement eligibility.
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FAQ
What insider transaction did Etsy (ETSY) disclose for its Chief Legal Officer?
The Chief Legal Officer reported equity compensation activity on 01/01/2026, including the vesting of restricted stock units into 10,184 shares of Etsy common stock and related share withholding to cover taxes.
How many Etsy (ETSY) shares did the Chief Legal Officer acquire and at what price?
The officer acquired 10,184 shares of common stock at an exercise price of $0 upon the vesting of restricted stock units.
Why were 4,936 Etsy (ETSY) shares disposed of in this Form 4 filing?
The 4,936 shares disposed of at $55.44 per share represent shares withheld by Etsy to satisfy the officer's tax withholding obligations related to the vesting and settlement of restricted stock units.
How many Etsy (ETSY) shares does the Chief Legal Officer own after these transactions?
After the reported transactions on 01/01/2026, the Chief Legal Officer directly owned 39,186 shares of Etsy common stock.
What restricted stock unit awards are outstanding for the Etsy (ETSY) Chief Legal Officer?
The officer holds restricted stock units that correspond 1-for-1 with common stock, including 37,887 units and 53,770 units under two grants that vest in equal quarterly installments beginning on July 1, 2024 and July 1, 2025, respectively, subject to continued employment or retirement eligibility.
How do the outstanding Etsy (ETSY) restricted stock units vest for the Chief Legal Officer?
One award vests in 16 equal quarterly installments beginning on July 1, 2024, and another vests in 12 equal quarterly installments beginning on July 1, 2025, provided the officer remains continuously employed or becomes retirement eligible before each vesting date.