Baker Charles 4
4 · ETSY INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Etsy CFO Charles Baker Receives 86,617-Share RSU Award
What Happened
Charles Baker, Chief Financial Officer of Etsy, was granted 86,617 restricted stock units (RSUs) on March 16, 2026. The grant is reported as a derivative award at $0.00 acquisition price (typical for RSU compensation); no immediate cash changed hands and no shares were sold. The RSUs convert 1-for-1 into common stock upon vesting.
Key Details
- Transaction date: 2026-03-16; Filing date: 2026-03-18 (filed two days after the transaction).
- Grant: 86,617 RSUs @ $0.00 (derivative award, code A).
- Shares owned after transaction: Not reported in the Form 4.
- Vesting/tax notes:
- RSUs vest in 12 equal quarterly installments (12 quarters = 3 years), beginning July 1, 2026, subject to continued employment or prior retirement eligibility; RSUs have no expiration date (Footnote F3).
- Units convert 1-for-1 to common stock (Footnote F2).
- Reporting person authorized Etsy to withhold a sufficient number of shares to satisfy tax withholding upon delivery (Footnote F1).
Context
This is a standard equity compensation grant—not a purchase or sale—and does not by itself indicate buying or selling sentiment. No immediate dilution occurs until RSUs vest and shares are delivered; tax withholding may reduce the number of shares actually issued to the insider when delivery occurs.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-03-16+86,617→ 86,617 total→ Common Stock (86,617 underlying)
Footnotes (3)
- [F1]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.
- [F2]Units correspond 1-for-1 with common stock.
- [F3]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.