Etsy Inc: executive chair Josh Silverman exercised 2,090 shares

What happened

• Josh Silverman, executive chair and director, exercised 2,090 options at $10.62 per share on Oct 1, 2026, for $22,196.
• On Oct 1, 2026, he sold 858 shares at a weighted average price of $71.86 for $61,656; 958 shares at a weighted average price of $72.71 for $69,656; and 274 shares at a weighted average price of $73.36 for $20,101, for total proceeds of $151,413.
• The filing also reports a derivative disposition of 2,090 shares at $0.00 (reported as a separate (M) transaction).

Key details

• Transaction date: Oct 1, 2026. Filing date: Oct 5, 2026.
• Sale price details and ranges: 858 shares at $71.86 (weighted average; prices ranged $71.28 to $72.27); 958 shares at $72.71 (weighted average; prices ranged $72.305 to $73.22); 274 shares at $73.36 (weighted average; prices ranged $73.33 to $73.51).
• Shares owned after the transaction: not stated in this filing.
• Relevant footnotes: trades were made pursuant to a Rule 10b5-1 trading plan adopted Nov 20, 2025; weighted average sale prices and price ranges are noted; certain shares referenced in the filing are held in family trusts and the reporting person disclaims beneficial ownership for those trust-held shares; option vesting schedule is noted in the footnotes.
• Transaction codes: (M) option exercise/conversion and (S) open-market sales.

Why it may matter

• The filing shows an exercise of options and same-day sales equal to the exercised amount, consistent with a cashless exercise pattern.
• The filing does not show why the insider traded or why the company acted.