ETSY Executive Chair Josh Silverman Exercises Options and Sells Shares Under 10b5-1 Plan

ETSY Inc. Executive Chair of the Board Josh Silverman executed a significant stock transaction on June 24, 2026, involving the exercise of employee stock options and subsequent sale of shares. Silverman exercised 97,389 stock options at an exercise price of $10.62 per share and immediately sold the same number of shares at $79.00 per share, resulting in a substantial gain. The transaction was conducted pursuant to a Rule 10b5-1 trading plan adopted on November 20, 2025. Following the transactions, Silverman's direct holdings decreased from 228,083 to 130,694 shares. Additionally, he holds indirect ownership through various trusts totaling approximately 232,097 shares. The filing represents a routine insider transaction under a pre-established trading plan, indicating planned portfolio management rather than a reaction to current market conditions.