REIFF MELISSA 4
Research Summary
AI-generated summary
Etsy (ETSY) Director Melissa Reiff Exercises Options, Receives Award
What Happened
Melissa Reiff, a member of the Etsy, Inc. Board of Directors, reported derivative activity on June 9, 2026. The Form 4 shows she exercised/converted 4,733 derivative units (reported as both an acquisition and a disposition of 4,733 shares) at $0.00 and was granted/received 3,921 shares (derivative) at $0.00. The transactions are reported with $0.00 per-share consideration.
Key Details
- Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (filed timely under Form 4 rules).
- Reported prices: $0.00 per share for all listed transactions.
- Counts: 4,733 units exercised/converted (acquired and disposed as derivatives) and 3,921 shares granted/received.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 — units convert 1-for-1 to common stock. F2 — one award was 100% vested on June 9, 2026. F3 — the award is part of the non-employee director annual retainer and vests per the compensation program terms.
Context
- The M-code entries indicate exercise/conversion of derivative awards and the A-code indicates a grant/award to a non-employee director. The $0.00 reporting and footnotes suggest these were settlements or vested awards rather than open-market purchases or cash sales.
- These actions are typical for director compensation and do not, by themselves, indicate a buy/sell signal for investors (no cash purchase or open-market sale is reported).