[Form 4] ETSY INC Insider Trading Activity

Rhea-AI Filing Summary

Etsy Inc.'s Executive Chair and director reported several equity transactions in early January 2026. On January 1, 2026, restricted stock units vested into 20,562 shares of common stock, with 8,847 shares withheld to cover tax obligations. On January 2, 2026, the reporting person exercised stock options for 86,666 shares at an exercise price of $10.62 per share and sold portions of the resulting common stock at weighted average prices around the mid‑$50s, all under a Rule 10b5‑1 trading plan adopted on November 5, 2024. After these transactions, the reporting person continued to hold common stock directly and indirectly through several family trusts, as well as additional restricted stock units and stock options.

SEC Form 4

FORM 4

UNITED 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).

X

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 NY 11201

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ETSY INC [ ETSY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Executive Chair of the Board

3. Date of Earliest Transaction (Month/Day/Year)
01/01/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	01/01/2026		M		20,562	A	$0	99,508	D
Common Stock	01/01/2026		F(2)		8,847	D	$55.44	90,661	D
Common Stock	01/02/2026		M(3)		86,666	A	$10.62	177,327	D
Common Stock	01/02/2026		S(3)		3,939	D	$56.49(4)	173,388	D
Common Stock	01/02/2026		S(3)		82,653	D	$57.51(5)	90,735	D
Common Stock	01/02/2026		S(3)		74	D	$57.86	90,661	D
Common Stock								4,942	I	By GST Trust(6)
Common Stock								16,886	I	By Non-GST Trust(7)
Common Stock								42,269	I	By Irrevocable Trust
Common Stock								109,675	I	By GRAT(8)
Common Stock								54,325	I	By 2019 Trust(9)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(10)	01/01/2026		M			7,302	(11)	(11)	Common Stock	7,302	$0	65,722	D
Restricted Stock Units	(10)	01/01/2026		M			13,260	(12)	(12)	Common Stock	13,260	$0	119,340	D
Employee Stock Option (Right to Buy)	$10.62	01/02/2026		M(3)			86,666	(13)	05/03/2027	Common Stock	86,666	$0	843,952	D

Explanation of Responses:

1. Shares of common stock acquired upon the vesting of the restricted stock units.

2. 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.

3. This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 5, 2024.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.85 to $56.84, 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.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.855 to $57.84, 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.

6. 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.

7. 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.

8. These shares are held by a grantor retained annuity trust (the "GRAT"). The Reporting Person is the trustee and the beneficiary of the GRAT.

9. 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.

10. Represents restricted stock units which correspond 1-for-1 with common stock.

11. The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.

12. The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.

13. 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-Fact	01/05/2026
	** Signature of Reporting Person	Date
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.

FAQ

What insider transactions did Etsy (ETSY) disclose in this Form 4?

The filing reports vesting of restricted stock units, tax withholding share dispositions, the exercise of stock options for 86,666 shares at $10.62 per share, and related sales of common stock in early January 2026.

Who is the reporting person in this Etsy (ETSY) Form 4 and what is their role?

The reporting person is an Executive Chair of the Board and a Director of Etsy Inc., reporting equity transactions as required under Section 16.

Were Etsy (ETSY) shares sold under a Rule 10b5-1 trading plan?

Yes. The option exercises and subsequent sales on January 2, 2026 were made pursuant to a Rule 10b5-1 trading plan adopted on November 5, 2024.

How many Etsy (ETSY) options were exercised in this Form 4?

The reporting person exercised an employee stock option covering 86,666 shares of Etsy common stock at an exercise price of $10.62 per share.

What happened to the Etsy (ETSY) restricted stock units reported here?

Restricted stock units that correspond 1‑for‑1 with common stock vested, resulting in 20,562 shares being acquired, with 8,847 shares withheld by Etsy to satisfy tax obligations.

Does the Etsy (ETSY) insider hold shares through family trusts?

Yes. The filing notes indirect holdings in several trusts, including a GST trust, a Non‑GST trust, a grantor retained annuity trust, and the Joshua G. Silverman 2019 Irrevocable Children's Trust, with certain beneficial ownership disclaimed.

How do the Etsy (ETSY) restricted stock units vest according to this filing?

One RSU grant vests in 16 equal quarterly installments beginning July 1, 2024, and another vests in 12 equal quarterly installments beginning July 1, 2025, subject to continued employment or retirement eligibility.