ETSY Form 4: Executive RSU vesting and 7,530 shares withheld for taxes
Rhea-AI Filing Summary
Colin Stretch, Chief Legal Officer of ETSY INC (ETSY), reported insider transactions dated 10/01/2025 on a Form 4. The filing shows the vesting and settlement of restricted stock units (RSUs) that resulted in the acquisition of 14,747 shares of common stock and the withholding/settlement sale of 7,530 shares at $70.49 per share to satisfy tax withholding, leaving the reporting person with 33,938 shares beneficially owned after those non-derivative transactions. The filing also reports three separate RSU-related entries in the derivative section: 4,563, 4,210, and 5,974 RSUs vesting and converting 1-for-1 into shares, with resulting beneficial ownership balances of 13,688, 42,096, and 59,745 shares respectively. The explanations specify vesting schedules for each RSU grant and confirm the share acquisitions arose from RSU vesting and the tax-withholding sale.
Positive
- 14,747 shares acquired on 10/01/2025 via RSU vesting
- Clear disclosure of vesting schedules for three RSU grants (quarterly or semiannual vesting)
- Filing shows retained beneficial ownership of 33,938 shares after transactions
Negative
- Issuer withheld 7,530 shares at $70.49 to satisfy tax withholding, reducing net share retention
Insights
Insider received vested RSUs and sold a portion to cover taxes on 10/01/2025.
The filing documents routine executive compensation activity: the vesting and settlement of multiple RSU awards that produced an immediate acquisition of 14,747 shares and the issuer's withholding of 7,530 shares at $70.49 to satisfy tax obligations. These are recorded as non-derivative acquisitions and disposals on the same date.
The derivative section lists outstanding RSU balances that convert 1-for-1 into common stock under defined vesting schedules, including grants that vest quarterly or semi‑annually. This clarifies the cadence of future potential share issuances tied to continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,563 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,210 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,974 | $0.00 | -- |
| Exercise | Common Stock | 14,747 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,530 | $70.49 | $531K |
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. Represents restricted stock units which correspond 1-for-1 with common stock. 25% of the restricted stock units vested on April 1, 2024, with the remainder vesting in 6 equal semi-annual installments thereafter, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date. 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. 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.