[Form 4] Etsy, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Richard Edward Colburn III, Chief Technology Officer at Etsy, reported the vesting and settlement of restricted stock units on 09/01/2025. He received 6,463 shares of common stock upon RSU vesting, and the issuer withheld 3,575 shares to satisfy tax-withholding obligations related to that vesting, leaving 5,373 shares beneficially owned in the non-derivative category after the withholding. The filing shows 6,463 underlying shares from the settled RSUs in the derivative section and reports total beneficial ownership of restricted stock units equal to 96,956 shares. The RSUs vest in 16 equal quarterly installments beginning September 1, 2025, provided continuous employment or prior retirement eligibility. The form was signed by an attorney-in-fact on 09/03/2025.
Positive
- 6,463 RSUs vested and converted to common stock, reflecting planned compensation settlement
- Clear disclosure of tax-withholding mechanics (3,575 shares withheld at $53.01) and vesting schedule
- Reported total RSU position of 96,956 shares provides transparency on outstanding restricted equity
Negative
- 3,575 shares were withheld to satisfy tax obligations, reducing the net shares delivered to the reporting person
- Post-transaction non-derivative beneficial ownership decreased to 5,373 shares following the withholding
Insights
TL;DR Insider received RSU shares and had shares withheld for taxes; the transactions are routine and non-dilutive to public shareholders.
The filing documents the scheduled vesting and settlement of 6,463 RSUs into common stock on 09/01/2025 and the issuer's withholding of 3,575 shares at $53.01 to cover tax obligations. Post-transactions, the reporting person holds 5,373 shares in the non-derivative account and reports 96,956 shares tied to restricted stock units in the derivative section. These entries reflect compensation-related equity activity rather than open-market purchases or sales; no new debt, material disposition of company assets, or change in control is indicated.
TL;DR Filing records routine executive compensation vesting and tax withholding; disclosure aligns with Section 16 reporting requirements.
The report specifies that the vested RSUs convert 1-for-1 to common stock and vest quarterly over 16 installments starting September 1, 2025, contingent on continued employment or retirement eligibility. The issuer's share withholding to satisfy tax obligations is explicitly recorded as a disposition of 3,575 shares at a reported price of $53.01. The presence of an attorney-in-fact signature dated 09/03/2025 indicates the filing was executed by a designated representative, consistent with routine administrative practice.