BRIGGS GARY S 4

What Happened
Gary S. Briggs, a director of Etsy, reported exercise/conversion of 4,733 derivative shares (transaction code M) on June 9, 2026 and the corresponding derivative shares were reported as disposed (also shown at $0.00). On the same date he was granted/received 3,921 shares as an award (transaction code A) with a reported price of $0.00. The Form 4 was filed on June 11, 2026. No cash amount was reported in the filing (price per share shown as $0.00).

Key Details

• Transaction date(s): June 9, 2026; Form 4 filed June 11, 2026 (timely filing).
• Transactions reported: M = exercise/conversion of derivative (4,733 shares acquired and simultaneously shown disposed as derivative); A = grant/award (3,921 shares acquired).
• Reported price: $0.00 per share for all items; no cash value reported on the Form 4.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 — units correspond 1-for-1 with common stock; F2 — 100% of this award vested on June 9, 2026; F3 — award granted as part of the non-employee director annual retainer (describes vesting condition tied to service/annual meeting).

Context
Transaction code M indicates an exercise or conversion of a derivative (e.g., options or similar instrument); the filing also shows those exercised derivative shares were disposed as a derivative on the same date, meaning the exercised shares were not reported as retained in this Form 4. The A-code award represents stock granted to a non-employee director as compensation (the filing notes vesting details). These entries do not by themselves indicate buying pressure—awards and option exercises are common forms of director compensation and may be administrative rather than a personal investment decision.