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Etsy (ETSY) director Marc Steinberg exercises 4,733 RSUs and receives 3,921-unit grant

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

Rhea-AI Filing Summary

Director Marc Steinberg of Etsy, Inc. reported equity compensation moves rather than open-market trading. He exercised 4,733 Restricted Stock Units into the same number of common shares, leaving him with 10,704 common shares held directly. The RSU award of 4,733 units was reported as 100% vested on June 9, 2026. Steinberg also received a new grant of 3,921 RSUs as part of his annual retainer for non-employee directors; these units each correspond 1-for-1 with Etsy common stock and are scheduled to vest at the next Annual Meeting of Stockholders, subject to his continued board service.

Positive

  • None.

Negative

  • None.
Insider Steinberg Marc
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 4,733 $0.00 --
Grant/Award Restricted Stock Units 3,921 $0.00 --
Exercise Common Stock 4,733 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 10,704 shares (Direct, null)
Footnotes (1)
  1. Units correspond 1-for-1 with common stock. 100% of this award vested on June 9, 2026. This award is granted as part of the Reporting Person's annual retainer under the Etsy, Inc. Compensation Program for Non-Employee directors. 100% of this award will vest on the date of the next Annual Meeting of Stockholders, subject to the Reporting Person's continuous service as a member of the Board of Directors on such date.
RSUs exercised 4,733 units Restricted Stock Units converted to common stock on June 9, 2026
Common shares after transactions 10,704 shares Direct Etsy common stock holdings after RSU exercise
New RSU grant 3,921 units Annual retainer award for non-employee director, each unit 1-for-1 with common stock
Vesting date of prior RSUs June 9, 2026 100% of 4,733-unit award vested on this date
RSU-to-share ratio 1-for-1 Each RSU corresponds to one share of Etsy common stock
Restricted Stock Units financial
"The filing reports transactions in Restricted Stock Units, which convert into common stock."
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.
annual retainer financial
"The new RSU award is granted as part of the Reporting Person's annual retainer."
non-employee directors financial
"The grant is under the Etsy, Inc. Compensation Program for Non-Employee directors."
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
vest financial
"100% of this award vested on June 9, 2026."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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Form 4 Insider Transactions: What Each Field Means →
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*
Steinberg Marc
(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)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026		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 Stock06/09/2026M4,733A$010,704D
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(1)06/09/2026M4,733 (2) (2)Common Stock4,733$00D
Restricted Stock Units(1)06/09/2026A3,921 (3) (3)Common Stock3,921$03,921D
Explanation of Responses:
1. Units correspond 1-for-1 with common stock.
2. 100% of this award vested on June 9, 2026.
3. This award is granted as part of the Reporting Person's annual retainer under the Etsy, Inc. Compensation Program for Non-Employee directors. 100% of this award will vest on the date of the next Annual Meeting of Stockholders, subject to the Reporting Person's continuous service as a member of the Board of Directors on such date.
/s/ Brittany Keen, Attorney-in-Fact06/11/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Etsy (ETSY) director Marc Steinberg report?

Marc Steinberg exercised 4,733 RSUs into common shares and received 3,921 new RSUs. These are equity compensation events, not open-market trades, and reflect routine board compensation and vesting activity at Etsy.

Did Marc Steinberg buy or sell Etsy (ETSY) shares on the market?

No open-market buys or sells were reported. The filing shows an exercise of 4,733 Restricted Stock Units into common stock and a new 3,921-unit RSU grant, all at a reported price of $0.00 per unit as compensation.

How many Etsy (ETSY) shares does Marc Steinberg hold after these transactions?

After the transactions, Steinberg holds 10,704 Etsy common shares directly. These shares result from the 4,733-unit RSU award that fully vested and was converted into common stock on June 9, 2026.

What are the terms of Marc Steinberg’s new RSU grant at Etsy (ETSY)?

Steinberg received 3,921 Restricted Stock Units as part of his annual retainer. Each unit corresponds 1-for-1 with Etsy common stock and is scheduled to vest on the date of the next Annual Meeting of Stockholders, subject to his continued board service.

When did Marc Steinberg’s prior Etsy (ETSY) RSU award vest?

The filing states that 100% of the 4,733-unit RSU award vested on June 9, 2026. Those vested units were then exercised and converted into 4,733 shares of Etsy common stock held directly.

What does 1-for-1 correspondence between Etsy (ETSY) RSUs and common stock mean?

Each Restricted Stock Unit represents one share of Etsy common stock. When RSUs vest and are settled, one common share is issued for each unit, so the RSU count matches the resulting share count exactly.