Etsy director exercises RSUs, gets new stock grant
Director Marc Steinberg of Etsy, Inc. reported equity compensation moves rather than open-market trading.
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 Trade Summary
4,733 shares exercised/converted
Exercise
3 txns
Insider
Steinberg Marc
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,733 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,921 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,733 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,921 contracts (Direct);
Common Stock — 10,704 shares (Direct)
Footnotes (3)
- F1. Units correspond 1-for-1 with common stock.
- F2. 100% of this award vested on June 9, 2026.
- F3. 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.
Key Figures
RSUs exercised: 4,733 units
Common shares after transactions: 10,704 shares
New RSU grant: 3,921 units
+2 more
5 metrics
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
Key Terms
Restricted Stock Units, annual retainer, non-employee directors, vest
4 terms
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
