Minor Bradley 4

What Happened
Minor Bradley, Etsy’s Chief Marketing Officer, received a grant of 53,302 restricted stock units (RSUs) on 2026-03-16. The reported acquisition price is $0.00 (award/derivative), so the filing records a $0 cash purchase; the RSUs correspond 1-for-1 with common stock and will convert into shares if and when they vest.

Key Details

• Transaction date: 2026-03-16 (Form 4 filed 2026-03-18; filing appears timely).
• Transaction type/code: Award/Grant (A) of 53,302 RSUs at $0.00.
• Total reported cash value on the form: $0 (award).
• Vesting: 12 equal quarterly installments beginning July 1, 2026; vests only if Bradley remains continuously employed or becomes retirement-eligible before a vesting date. RSUs have no expiration date. (Footnotes F2, F3)
• Tax treatment: Bradley elected to satisfy withholding taxes by authorizing Etsy to withhold sufficient shares upon delivery. (Footnote F1; tax withholding may reduce net delivered shares.)
• Shares owned after transaction: Not specified in this filing.

Context
RSU grants are common employee compensation and are derivatives that only convert to actual shares upon vesting — they are not an immediate open-market purchase or sale. Such awards are routine and reflect compensation rather than a direct buy/sell market signal.