Etsy Inc: executive chair Josh Silverman sold 383 shares

What happened Josh Silverman, director and executive chair of the board, exercised 383 options (derivative) and sold 383 shares on Oct 8, 2026. The sale price was $74.00 per share for total proceeds of $28,342; the exercise is reported at $0.00 (derivative).

Key details

• Transaction dates and prices: Oct 8, 2026 — exercised 383 shares (code M) at $0.00; Oct 8, 2026 — sold 383 shares (code S) at $74.00 for $28,342.
• Filing date: filed on Oct 9, 2026. The filing does not indicate lateness.
• Shares owned after the transaction: not reported in the filing.
• Footnotes the filing includes: F1 — the exercise and subsequent sale were made pursuant to a Rule 10b5-1 trading plan adopted Nov 20, 2025; F2–F4 — various trusts (JGS 2018 Irrevocable GST Trust, JGS 2018 Irrevocable Non-GST Trust, Joshua G. Silverman 2019 Irrevocable Children's Trust) hold certain shares and the reporting person disclaims beneficial ownership of those securities; F5 — the stock options are part of a grant that vested 25% on May 4, 2018 with the remainder vesting in 36 equal monthly installments.
• Transaction codes reported: M = option exercise, S = sale.

Why it may matter The Form 4 shows an option exercise (M) and an immediate sale (S) of the 383 shares on the same date; the filing says the transactions were executed under a Rule 10b5-1 plan. A filing does not show why the insider traded or why the company acted.