Etsy (ETSY) CFO exercises 6,224 RSUs and sells 2,030 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Etsy Inc. Chief Financial Officer Charles Baker reported a mix of equity compensation and routine share sales. On May 1, 2026, he acquired 6,224 shares of common stock through the vesting of restricted stock units and had 3,442 shares withheld to cover tax obligations.
On May 5, 2026, he made open-market sales totaling 2,030 shares of Etsy common stock at weighted average prices around $63–$64, executed under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly holds 6,913 Etsy shares, with additional restricted stock units remaining outstanding.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,030 shares ($128,898)
Net Sell
5 txns
Insider
Baker Charles
Role
Chief Financial Officer
Sold
2,030 shs ($129K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,703 | $63.40 | $108K |
| Sale | Common Stock | 327 | $64.00 | $21K |
| Exercise | Restricted Stock Units | 6,224 | $0.00 | -- |
| Exercise | Common Stock | 6,224 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,442 | $63.17 | $217K |
Holdings After Transaction:
Common Stock — 7,240 shares (Direct, null);
Restricted Stock Units — 68,471 shares (Direct, null)
Footnotes (1)
- Shares of common stock acquired upon the vesting of restricted stock units. This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units. These sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $62.88 to $63.87, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.89 to $64.32, 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. 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. Represents restricted stock units which correspond 1-for-1 with common stock. 25% of the restricted stock units will vest on February 1, 2026, with the remainder vesting in 12 equal quarterly installments thereafter, provided the Reporting Person remains continuously employed on each vesting date.
Key Figures
Shares sold: 2,030 shares
Sale prices: $63.40 and $64.00 per share
RSUs vested: 6,224 units
+3 more
6 metrics
Shares sold
2,030 shares
Open-market sales of Etsy common stock on May 5, 2026
Sale prices
$63.40 and $64.00 per share
Weighted average prices for 1,703 and 327 shares sold
RSUs vested
6,224 units
Restricted stock units converting 1-for-1 into common stock on May 1, 2026
Shares withheld for taxes
3,442 shares
Withheld to satisfy tax obligations on RSU vesting
Shares held after transactions
6,913 shares
Direct Etsy common stock holdings following reported trades
Remaining RSUs
68,471 units
Restricted stock units outstanding after derivative transaction entry
Key Terms
Restricted Stock Units, Rule 10b5-1 trading plan, tax-withholding disposition, weighted average price, +1 more
5 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnote on 1-for-1 with 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.
Rule 10b5-1 trading plan regulatory
"These sales were made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" and footnote describing withholding of shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
weighted average price financial
"The price reported in Column 4 is 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.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion" for RSU-related entries"
FAQ
What did Etsy (ETSY) CFO Charles Baker report in this Form 4 filing?
Etsy CFO Charles Baker reported equity compensation vesting and related stock activity. He received 6,224 common shares from restricted stock unit vesting, had 3,442 shares withheld for taxes, and sold 2,030 shares in open-market transactions under a pre-arranged Rule 10b5-1 trading plan.
What restricted stock unit (RSU) activity did Etsy (ETSY) disclose for its CFO?
The filing shows 6,224 restricted stock units converting 1-for-1 into Etsy common shares upon vesting. Footnotes state remaining RSUs correspond 1-for-1 with common stock and vest 25% on February 1, 2026, with the rest in 12 equal quarterly installments, subject to continued employment.
What does the Rule 10b5-1 trading plan mean in the Etsy (ETSY) CFO’s Form 4?
The Form 4 states the CFO’s stock sales were executed under a Rule 10b5-1 trading plan adopted on November 12, 2025. Such plans pre-schedule trades, showing the reported sales followed a predetermined strategy rather than discretionary, real-time trading decisions.