Etsy (ETSY) awards 79,954 restricted stock units to chief legal officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stretch Colin reported acquisition or exercise transactions in this Form 4 filing.
Etsy Inc. reported that Chief Legal Officer Colin Stretch received a grant of 79,954 restricted stock units (RSUs), each corresponding 1-for-1 to Etsy common stock and granted at no purchase price. These RSUs represent equity-based compensation rather than an open-market share purchase.
The RSUs are scheduled to vest in 12 equal quarterly installments beginning on July 1, 2026, as long as Stretch remains continuously employed on, or becomes retirement eligible before, each vesting date. Upon share delivery, all withholding taxes will be satisfied by Etsy withholding a sufficient number of shares instead of requiring cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stretch Colin
Role
CHIEF LEGAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 79,954 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 79,954 shares (Direct)
Footnotes (1)
- The Reporting Person has irrevocably elected to satisfy all withholding tax due upon the delivery of shares by authorizing Etsy, Inc. to withhold a sufficient amount of shares to satisfy such tax obligation. Units correspond 1-for-1 with common stock. The restricted stock units vest in 12 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.
FAQ
What insider transaction did Etsy (ETSY) report for Colin Stretch?
Etsy reported that Chief Legal Officer Colin Stretch received a grant of 79,954 restricted stock units. These RSUs are equity compensation, not an open-market stock purchase, and convert 1-for-1 into Etsy common shares as they vest over time.
How many restricted stock units were granted to Etsy’s chief legal officer?
Colin Stretch was granted 79,954 restricted stock units. Each unit corresponds 1-for-1 with Etsy common stock, providing potential future share ownership as the units vest under the specified quarterly schedule starting July 1, 2026.
What is the vesting schedule for Colin Stretch’s Etsy RSU grant?
The 79,954 restricted stock units vest in 12 equal quarterly installments beginning July 1, 2026. Vesting requires that Colin Stretch remain continuously employed on, or become retirement eligible before, each scheduled vesting date under the grant terms.
Does Colin Stretch pay anything to receive these Etsy RSUs?
Colin Stretch does not pay a purchase price for the 79,954 restricted stock units, which were granted at a price of $0.00 per unit. They represent stock-based compensation that converts into Etsy common shares as vesting conditions are satisfied.
How will taxes be handled on Colin Stretch’s Etsy RSU vesting?
Colin Stretch irrevocably elected to cover all withholding taxes through share withholding. When RSUs deliver shares, Etsy will withhold a sufficient number of those shares to satisfy the tax obligation, avoiding a separate cash payment for taxes.
Are Colin Stretch’s Etsy RSUs tied directly to common stock?
Yes, each of the 79,954 restricted stock units corresponds 1-for-1 with Etsy common stock. As the RSUs vest and settle, they will deliver an equivalent number of Etsy common shares, subject to share withholding for applicable taxes at delivery.