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ETSY INC·4

Apr 3, 4:32 PM ET

PATEL GOYAL KRUTI 4

4 · ETSY INC · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

ETSY CEO Kruti Patel Goyal Receives 39,494 Shares (Vesting)

What Happened
Kruti Patel Goyal, CEO of Etsy (ETSY), had restricted and performance-based stock units convert into 39,494 shares on April 1, 2026. To satisfy tax withholding obligations, 20,444 of those shares were withheld at a reported price of $49.97 per share (totaling $1,021,587). Net shares received by the CEO were 19,050. This was a vesting/settlement of equity compensation (derivative conversion), not an open-market sale or purchase.

Key Details

  • Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
  • Converted/issued: 39,494 shares (exercise/conversion of derivative; code M).
  • Shares withheld for taxes: 20,444 shares at $49.97/share = $1,021,587 (code F; tax withholding).
  • Net new shares to insider: 19,050 shares (39,494 total − 20,444 withheld).
  • Notable footnotes: F1/F9/F10 indicate these include restricted stock units and performance stock units (PSUs); F10 notes certain PSUs vest in full on April 1, 2026. F2 confirms withholding of shares to satisfy tax obligations.
  • Shares owned after transaction: not specified in the provided excerpt of the filing.

Context

  • This is a standard equity-compensation settlement (conversion/vesting of RSUs/PSUs). The filing shows a net retention of shares after share-withholding for taxes (a cashless/net settlement), not a market sell.
  • Such vesting events are routine and reflect compensation vesting schedules rather than a direct buy/sell decision by the insider.

Insider Transaction Report

Form 4
Period: 2026-04-01
ETSY INCETSY
PATEL GOYAL KRUTI
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-04-01+39,494→ 100,708 total
  • Tax Payment

    Common Stock

    [F2]
    2026-04-01$49.97/sh−20,444$1,021,587→ 80,264 total
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F4]
    2026-04-01−3,007→ 24,055 total
    → Common Stock (3,007 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F5]
    2026-04-01−9,104→ 72,831 total
    → Common Stock (9,104 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F6]
    2026-04-01−3,775→ 0 total
    → Common Stock (3,775 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F7]
    2026-04-01−1,190→ 1,191 total
    → Common Stock (1,190 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F8]
    2026-04-01−4,154→ 8,309 total
    → Common Stock (4,154 underlying)
  • Exercise/Conversion

    Performance Stock Units

    [F9][F10]
    2026-04-01−8,427→ 0 total
    → Common Stock (8,427 underlying)
  • Exercise/Conversion

    Performance Stock Units

    [F9][F11]
    2026-04-01−9,837→ 9,838 total
    → Common Stock (9,837 underlying)
Holdings

  • Common Stock

    (indirect: By GRAT)
    36,725
Footnotes (11)
  • [F1]Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units ("performance stock units").
  • [F10]The performance stock units vest in full on April 1, 2026, provided the Reporting Person remains continuously employed on such vesting date, and have no expiration date.
  • [F11]The performance stock units vest in equal installments on each of October 1, 2025; April 1, 2026; and April 1, 2027; provided the Reporting Person remains continuously employed on each vesting date, and have no expiration date.
  • [F2]This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units and performance stock units..
  • [F3]Represents restricted stock units which correspond 1-for-1 with common stock.
  • [F4]The restricted stock units vest in 14 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
  • [F5]The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.
  • [F6]The restricted stock units vest in 3 equal semi-annual installments, beginning on April 1, 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
  • [F7]The restricted stock units vest in 4 equal semi-annual installments, beginning on April 1, 2025, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.
  • [F8]The restricted stock units vest in 5 equal semi-annual installments, beginning on April 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date.
  • [F9]Represents performance stock units which correspond 1-for-1 with common stock.
Signature
/s/ Brittany Keen, Attorney-in-Fact|2026-04-03

Documents

1 file
  • 4
    form4-04032026_080417.xmlPrimary