Research Summary
AI-generated summary of this SEC filing
Etsy Director Frederick Wilson Sells 20,000 Shares
What Happened Frederick R. Wilson, a director of Etsy Inc. (ETSY), sold a total of 20,000 shares in two open-market transactions on August 3, 2026. He sold 3,941 shares at a weighted-average price of $82.60 for proceeds of $325,527 (individual trade prices ranged $82.02–$82.98) and 16,059 shares at a weighted-average price of $83.37 for proceeds of $1,338,839 (individual trade prices ranged $83.02–$83.84), for total gross proceeds of approximately $1,664,366. These were sales (not purchases) and are typically considered routine insider selling.
Key Details
- Transaction date: August 3, 2026 (reported on Form 4 filed Aug 4, 2026 — timely filing).
- Lots: 3,941 shares @ $82.60 (weighted avg; range $82.02–$82.98) and 16,059 shares @ $83.37 (weighted avg; range $83.02–$83.84).
- Total shares sold: 20,000; total gross proceeds ≈ $1,664,366.
- Shares owned after transaction: Not disclosed in this filing.
- Notable footnotes: Sales executed pursuant to a Rule 10b5-1 trading plan adopted Feb 20, 2026; reported prices are weighted averages and the reporting person will provide per-price breakdowns on request.
Context A Rule 10b5-1 plan is a prearranged trading program that allows insiders to sell shares according to a preset schedule; transactions under such plans are often routine and should not be taken alone as a signal of current sentiment. This filing documents outright sales (code S) by a company director, not an options exercise, gift, or acquisition.