Etsy (ETSY) awards 86,617 RSUs to Chief Product & Tech Officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Colburn Richard Edward III reported acquisition or exercise transactions in this Form 4 filing.
Etsy Inc.’s Chief Product & Tech Officer, Richard Edward Colburn III, received a grant of 86,617 restricted stock units (RSUs). Each unit corresponds 1-for-1 with a share of Etsy common stock. The RSUs vest in 12 equal quarterly installments starting on July 1, 2026, contingent on continued employment or retirement eligibility. The reporting person has elected to satisfy withholding taxes by allowing Etsy to withhold a sufficient number of shares upon delivery.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colburn Richard Edward III
Role
Chief Product & Tech Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 86,617 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 86,617 shares (Direct)
Footnotes (1)
- 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. Units correspond 1-for-1 with common stock. The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2026, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
FAQ
What did Etsy (ETSY) disclose about Richard Colburn’s latest equity award?
Etsy disclosed that Chief Product & Tech Officer Richard Edward Colburn III received 86,617 restricted stock units. These RSUs are a stock-based compensation award that convert 1-for-1 into Etsy common shares as they vest over time, aligning his pay with shareholder value.
How many restricted stock units did Etsy grant to its Chief Product & Tech Officer?
Etsy granted 86,617 restricted stock units to its Chief Product & Tech Officer. Each RSU represents the right to receive one share of Etsy common stock, subject to the vesting schedule and continued employment or retirement eligibility conditions described in the disclosure.
What is the vesting schedule for the new Etsy (ETSY) RSU grant?
The 86,617 RSUs vest in 12 equal quarterly installments beginning July 1, 2026. Vesting requires that Richard Colburn remain continuously employed through each vesting date, or become retirement eligible beforehand, making this a long-term incentive that unfolds over three years.
How do the Etsy RSUs convert into common stock for Richard Colburn?
Each restricted stock unit corresponds 1-for-1 with Etsy common stock. As the RSUs vest on scheduled dates, shares are delivered to Richard Colburn, subject to customary tax withholding. This structure directly links his potential equity holdings to Etsy’s future share performance.
How will taxes be handled on Richard Colburn’s Etsy RSU vesting?
Richard Colburn elected to cover withholding taxes by authorizing Etsy to withhold shares upon delivery. Instead of paying cash for these obligations, Etsy will retain a sufficient number of vested shares, and the remainder will be delivered to him after each vesting event.