Etsy Inc: executive chair Josh Silverman sold 1,131 shares

What happened

• Josh Silverman, executive chair of Etsy Inc, exercised options for a total of 1,514 shares and sold 1,131 shares in open-market trades. He acquired 383 shares on Oct 8, 2026 at $10.62 ($4,067), 714 shares on Oct 13, 2026 at $10.62 ($7,583), and 417 shares on Oct 15, 2026 at $10.62 ($4,429). He sold 714 shares on Oct 13, 2026 at $79.00 for $56,406 and 417 shares on Oct 15, 2026 at $84.47 for $35,224.
• The filing corrects a Form 4 filed Oct 9, 2026 to include the Oct 8 acquisition that was previously omitted.

Key details

• Transaction dates and prices:
  • Oct 8, 2026: exercised options for 383 shares at $10.62, cost $4,067.
  • Oct 13, 2026: exercised options for 714 shares at $10.62, cost $7,583; sold 714 shares at $79.00, proceeds $56,406.
  • Oct 15, 2026: exercised options for 417 shares at $10.62, cost $4,429; sold 417 shares at $84.47, proceeds $35,224.
  • The Form 4 also lists exercise/conversion derivative entries reported with $0 for the 714-share and 417-share conversions.
• Shares owned after the transactions: not specified in the supplied filing details.
• Footnotes of note:
  • The Oct 13 exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted Nov 20, 2025 (footnote F2).
  • Several share blocks are held in family trusts; Mr. Silverman disclaims beneficial ownership of those trusts' shares (footnotes F3, F4, F5).
  • The filing includes a vesting note for the options (footnote F6).
  • The filing includes a correction remark about the previously omitted Oct 8 acquisition (footnote F1 / Remarks).
• Filing timing: the corrected Form 4 was filed Oct 15, 2026 and references an earlier Form 4 filed Oct 9, 2026.

Why it may matter

• The filing shows option exercises and immediate open-market sales for the 714-share lot on Oct 13, 2026 and the 417-share lot on Oct 15, 2026, consistent with a cashless exercise and sale of the acquired shares; the 383 shares acquired on Oct 8, 2026 were not reported sold here.
• A filing does not show why the insider traded or why the company acted.