PATEL GOYAL KRUTI 4

4 · ETSY INC · Filed Jul 6, 2026

AI-generated summary of this filing

Updated Jul 6, 2026

Etsy (ETSY) CEO Kruti Patel Goyal Exercises Awards, Withholds Shares

What Happened

Kruti Patel Goyal, CEO of Etsy (ETSY), had restricted stock units (RSUs) and performance stock units (PSUs) convert to common shares on July 1, 2026. The filing shows an aggregate conversion/acquisition of 21,629 shares (derivative conversions reported with $0 exercise price) and the withholding of 11,801 shares to satisfy tax withholding obligations, resulting in $859,467 in tax withholding proceeds reported as a disposition. Additional derivative conversions/settlements of 3,007, 9,104 and 9,518 shares are reported in the filing (reported as dispositions at $0, reflecting settlement mechanics).

Key Details

Transaction date: July 1, 2026; Form filed July 6, 2026 reporting the July 1 transactions.
Primary codes: M = exercise/conversion of derivatives (RSUs/PSUs converted to shares at $0); F = shares withheld to cover tax liabilities.
Withheld shares: 11,801 shares withheld to satisfy taxes, reported value $859,467.
Converted/acquired shares: 21,629 shares reflected as acquired on conversion of RSUs/PSUs (no cash exercise price).
Other reported disposals of converted shares: 3,007; 9,104; and 9,518 shares (reported at $0 in the filing, reflecting settlement/transfer mechanics).
Shares owned after the transactions: not stated in the provided filing excerpt.
Notable footnotes: transfers of 21,000 shares from a GRAT to the reporting person occurred June 8 and June 16, 2026 and were exempt under Rule 16a-13; withholding was done by the issuer to satisfy tax obligations; RSUs/PSUs vest on scheduled quarterly installments per footnotes (various vesting schedules F5–F7).

Context

These transactions reflect the vesting/settlement of equity awards (RSUs and performance-based RSUs). The $0 exercise price indicates conversion of granted units to shares rather than exercising stock options for cash. The withholding of shares to cover taxes is a routine administrative step and is not the same as an open-market sale signaling sentiment. No late-filing indication was provided in the materials you supplied.

Form 4

Period: 2026-07-01

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Common Stock
[F1][F2]
2026-07-01+21,629→ 122,893 total
Tax Payment
Common Stock
[F3]
2026-07-01$72.83/sh−11,801$859,467→ 111,092 total
Exercise/Conversion
Restricted Stock Units
[F4][F5]
2026-07-01−3,007→ 21,048 total
→ Common Stock (3,007 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F6]
2026-07-01−9,104→ 63,727 total
→ Common Stock (9,104 underlying)
Exercise/Conversion
Restricted Stock Units
[F4][F7]
2026-07-01−9,518→ 142,775 total
→ Common Stock (9,518 underlying)

Holdings

Footnotes (7)

[F1]Shares of common stock acquired upon the vesting of restricted stock units and performance-based restricted stock units ("performance stock units").
[F2]Reflects the transfer of an aggregate of 21,000 shares previously held by the GRAT to the Reporting Person's direct ownership on June 8, 2026, and June 16, 2026. These transfers are exempt from Section 16 pursuant to Rule 16a-13.
[F3]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.
[F4]Represents restricted stock units which correspond 1-for-1 with common stock.
[F5]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.
[F6]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.
[F7]The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2026, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.

Signature

/s/ Brittany Keen, Attorney-in-Fact|2026-07-06

1 file