Stretch Colin 4
4 · ETSY INC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Etsy (ETSY) CLO Colin Stretch Receives PSU Award Shares
What Happened
- Colin Stretch, Chief Legal Officer of Etsy, received two performance-based restricted stock unit (PSU) awards certified by the company’s Compensation Committee on March 6, 2026. The filing reports acquisition of 2,366 PSUs and 5,390 PSUs (total 7,756 PSUs) at an acquisition price of $0 (derivative awards). These awards are contingent on continued employment and vesting schedules described below.
Key Details
- Transaction date: March 6, 2026; Form 4 filed March 10, 2026 (timely).
- Grants reported: 2,366 shares (A) @ $0 and 5,390 shares (A) @ $0 — total 7,756 PSUs.
- Acquisition type: Award/Grant of PSUs (derivative units that convert 1-for-1 to common stock).
- Vesting/timing:
- The 2,366-share tranche will vest in full on April 1, 2026, subject to continued employment (these 2,366 represent 25% of that PSU award; the other 75% of that award was already earned by performance).
- The 5,390-share tranche vests in equal installments on April 1, 2026 and April 1, 2027 (these 5,390 represent 75% of that PSU award; the remaining 25% is still contingent on additional performance criteria).
- Tax treatment: Stretch irrevocably elected share withholding to satisfy any tax withholding obligations (some shares may be withheld at delivery).
- Shares owned after the transaction: not disclosed in this Form 4.
- Filing timeliness: Filed within the required window (not marked late).
Context
- These are performance-based RSU awards (PSUs) that were certified as achieved by the Compensation Committee on March 6; they are not open-market purchases or sales and do not indicate an immediate buy/sell decision by the insider.
- Because they are derivative awards that convert to common stock on vesting (1-for-1), the reported $0 acquisition price reflects that they were granted rather than bought. Tax withholding via share surrender is a routine administrative step.
Insider Transaction Report
Form 4
ETSY INCETSY
Stretch Colin
CHIEF LEGAL OFFICER
Transactions
- Award
Performance Stock Unit
[F1][F2][F3]2026-03-06+2,366→ 10,140 total→ Common Stock (2,366 underlying) - Award
Performance Stock Unit
[F1][F2][F4]2026-03-06+5,390→ 5,390 total→ Common Stock (5,390 underlying)
Footnotes (4)
- [F1]The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation.
- [F2]Units correspond 1-for-1 with common stock.
- [F3]Represents the number of shares earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, the shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 6, 2026). The shares will vest in full on April 1, 2026, subject to the Reporting Person remaining continuously employed through the vesting date. The shares reported on this form represent 25% of the total number of shares subject to the PSU award. The remaining 75% of the shares have already been earned based on the performance criteria of the award.
- [F4]Represents the number of shares earned under a performance-based restricted stock unit ("PSU") award based on the Issuer's satisfaction of certain performance criteria. Each PSU represents the contingent right to receive one share of common stock of the Issuer. In light of the performance-based conditions of the PSU award, the shares were not reportable under Section 16 until the performance conditions were certified by the Issuer's Compensation Committee as achieved (which occurred on March 6, 2026). The shares will vest in equal installments on each of April 1, 2026 and April 1, 2027, subject to the Reporting Person remaining continuously employed through each vesting date. The shares reported on this form represent 75% of the total number of shares subject to the PSU award. The remaining 25% of the shares will be earned upon the satisfaction of additional performance criteria.
Signature
/s/ Brittany Keen, Attorney-in-Fact|2026-03-10