Etsy Inc: CEO Kruti Patel Goyal exercised 26,974 shares

What happened

• Kruti Patel Goyal, CEO, had restricted stock units vest and exercised/converted a total of 26,974 RSUs into common shares on Oct 01, 2026 at $0.00 per share (acquired).
• The issuer withheld 14,818 shares to satisfy tax withholding at $72.84 per share for a total of $1,079,343 (reported as a disposition).
• The filing also lists exercise/conversion derivative entries showing dispositions of 3,007; 9,104; 9,518; 1,191; and 4,154 shares at $0.00 (derivative transactions).

Key details

• Transaction date: Oct 01, 2026. Exercise/conversion price reported at $0.00; tax withholding price $72.84 per share for 14,818 shares, totaling $1,079,343.
• Shares owned after the transaction: not stated in the provided filing data.
• Relevant footnotes from the filing:
  • F1: Shares acquired upon the vesting of restricted stock units.
  • F3: Issuer withheld shares to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units.
  • F4: The restricted stock units correspond 1-for-1 with common stock.
  • F7 (and others): Vesting schedules described (e.g., vest in 16 equal quarterly installments beginning on Jul 01, 2026, subject to continued employment or retirement eligibility).
• Filing date: Oct 02, 2026 (the Form 4 was filed on this date).

Why it may matter

• These transactions reflect RSUs vesting and conversion to common shares; 14,818 shares were withheld by the issuer to satisfy tax withholding rather than sold on the open market.
• The filing shows exercises/conversions of derivative awards and the tax withholding that accompanied settlement.
• A filing does not show why the insider traded or why the company acted.