Etsy (ETSY) CEO nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Etsy Inc. Chief Executive Officer Kruti Patel Goyal reported equity compensation activity involving restricted stock units and performance stock units. On July 1, 2026, she acquired 21,629 shares of Etsy common stock through derivative exercises and vesting. To satisfy related tax obligations, the issuer withheld 11,801 shares at $72.83 per share, a non‑market tax-withholding disposition. Following these transactions, Goyal directly holds 111,092 shares of Etsy common stock and indirectly holds 15,725 shares through a GRAT.
Positive
- None.
Negative
- None.
Insights
Etsy’s CEO reports routine RSU vesting with tax withholding, not open‑market trading.
Kruti Patel Goyal, Etsy’s Chief Executive Officer, recorded vesting and exercises of restricted and performance stock units on July 1, 2026, acquiring 21,629 shares of common stock as part of her compensation package.
To cover tax liabilities from these vestings, the issuer withheld 11,801 shares at $72.83 per share under transaction code F, which is a tax-withholding disposition rather than an open-market sale. This pattern is typical for executive equity awards.
After these events, she holds 111,092 shares directly and 15,725 shares indirectly through a GRAT, with no remaining derivative positions listed in this filing. Overall, the filing reflects standard compensation mechanics and does not, by itself, signal a directional view on Etsy’s stock.
Insider Trade Summary
21,629 shares exercised/converted
Mixed
6 txns
Insider
PATEL GOYAL KRUTI
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,007 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,104 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,518 | $0.00 | -- |
| Exercise | Common Stock | 21,629 | $0.00 | -- |
| Tax Withholding | Common Stock | 11,801 | $72.83 | $859K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 21,048 shares (Direct, null);
Common Stock — 122,893 shares (Direct, null);
Common Stock — 15,725 shares (Indirect, By GRAT)
Footnotes (1)
- Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units ("performance stock units"). Reflects the transfer of an aggregate of 21,000 shares previously held by the GRAT to the Reporting Person's direct ownership on June 8, 2026, and June 16, 2026. These transfers are exempt from Section 16 pursuant to Rule 16a-13. 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 and performance stock units. Represents restricted stock units which correspond 1-for-1 with common stock. The restricted stock units vest in 14 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. The restricted stock units vest in 16 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.
Key Figures
Shares acquired via vesting/exercise: 21,629 shares
Shares withheld for taxes: 11,801 shares at $72.83
Direct common shares after transactions: 111,092 shares
+1 more
4 metrics
Shares acquired via vesting/exercise
21,629 shares
Common stock from RSU and performance stock unit vesting on July 1, 2026
Shares withheld for taxes
11,801 shares at $72.83
Tax-withholding disposition tied to vesting on July 1, 2026
Direct common shares after transactions
111,092 shares
Total Etsy common stock directly owned by CEO after reported events
Indirect common shares via GRAT
15,725 shares
Etsy common stock held indirectly through a GRAT after holding entry
Key Terms
restricted stock units, performance stock units, GRAT, tax withholding obligations, +2 more
6 terms
restricted stock units financial
"Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units"
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.
performance stock units financial
"vesting of restricted stock units and performance-based restricted stock units ("performance stock units")"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
GRAT financial
"Reflects the transfer of an aggregate of 21,000 shares previously held by the GRAT"
tax withholding obligations financial
"withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations"
Section 16 regulatory
"These transfers are exempt from Section 16 pursuant to Rule 16a-13"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
Rule 16a-13 regulatory
"These transfers are exempt from Section 16 pursuant to Rule 16a-13"
FAQ
What insider transactions did Etsy (ETSY) report for CEO Kruti Patel Goyal?
Etsy CEO Kruti Patel Goyal reported vesting and exercises of equity awards on July 1, 2026. She acquired 21,629 common shares from restricted and performance stock units, with a portion of those shares withheld by the company to cover tax obligations.
Were Etsy (ETSY) CEO’s reported transactions open‑market stock sales or purchases?
The filing does not show open‑market sales or purchases. Instead, it reports equity award vesting and derivative exercises, plus 11,801 shares withheld by the issuer for taxes. These tax-withholding dispositions are mechanical and do not represent discretionary market trading activity.
What types of equity awards vested for the Etsy (ETSY) CEO in this filing?
The Form 4 notes vesting and exercises of restricted stock units and performance-based restricted stock units, also called performance stock units. These awards convert 1‑for‑1 into Etsy common shares upon vesting, subject to employment and, for performance units, meeting specified performance conditions.
What is the GRAT mentioned in the Etsy (ETSY) Form 4 for the CEO?
The Form 4 lists 15,725 Etsy shares held indirectly by Kruti Patel Goyal “By GRAT.” A GRAT, or grantor retained annuity trust, is an estate-planning vehicle through which the reporting person has an indirect beneficial interest in shares held for their benefit.