Colburn Richard Edward III 4

What Happened Colburn Richard Edward III (Richard Colburn), Etsy's Chief Product & Tech Officer, was granted 86,617 restricted stock units (RSUs) on March 16, 2026. The filing reports the award as a derivative grant (transaction code A) with a reported price of $0.00 — RSUs are a promise of shares upon vesting rather than an immediate purchase or sale.

Key Details

• Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-18).
• Grant: 86,617 RSUs (reported price $0.00; derivative security).
• Units convert 1-for-1 to common stock (Footnote F2).
• Vesting: 12 equal quarterly installments starting July 1, 2026; vesting requires continued employment or retirement eligibility prior to vesting date; RSUs have no expiration date (Footnote F3).
• Tax withholding: Colburn elected irrevocably to have Etsy withhold a sufficient number of shares to cover tax withholding when shares are delivered (Footnote F1).
• Shares owned after the transaction: not specified in the filing.
• Filing timeliness: report covers 2026-03-16 and was filed 2026-03-18 (appears timely).

Context RSU awards are a common form of executive compensation. These RSUs do not represent tradable shares until they vest and convert 1-for-1 into common stock per the schedule above. The award itself is not a cash purchase or sale and should be viewed as compensation rather than a direct buy/sell signal.