ETSY INC — Director's Dealing 2025

Oct 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ETSY INC (ETSY)
CIK: 0001370637
Period of Report: 2025-10-01

Reporting Person: Silverman Josh (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-10-01	Common Stock	M	21666	$10.62	Acquired	84340	Direct
2025-10-01	Common Stock	S	342	$66.98	Disposed	83998	Direct
2025-10-01	Common Stock	S	1567	$69.02	Disposed	82431	Direct
2025-10-01	Common Stock	S	13022	$70.04	Disposed	69409	Direct
2025-10-01	Common Stock	S	6735	$70.90	Disposed	62674	Direct
2025-10-01	Common Stock	M	36406	—	Acquired	99080	Direct
2025-10-01	Common Stock	F	20134	$70.49	Disposed	78946	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-10-01	Employee Stock Option (Right to Buy)	$10.62	M	21666	Disposed	2027-05-23	Common Stock (21666)	Direct
2025-10-01	Restricted Stock Units	$	M	7189	Disposed		Common Stock (7189)	Direct
2025-10-01	Restricted Stock Units	$	M	8654	Disposed		Common Stock (8654)	Direct
2025-10-01	Restricted Stock Units	$	M	7303	Disposed		Common Stock (7303)	Direct
2025-10-01	Restricted Stock Units	$	M	13260	Disposed		Common Stock (13260)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	4942	Indirect
Common Stock	16886	Indirect
Common Stock	42269	Indirect
Common Stock	109675	Indirect
Common Stock	54325	Indirect

Footnotes

F1: This exercise and subsequent sales were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 5, 2024

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $66.48 to $67.09, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.48 to $69.45, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.505 to $70.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.50 to $71.47, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: Shares of common stock acquired upon the vesting of the restricted stock units.

F7: This transaction reported represents the withholding of shares by the Issuer to satisfy the Reporting Person's tax withholding obligations in connection with the vesting and settlement of the restricted stock units.

F8: These shares are held by the JGS 2018 Irrevocable GST Trust (the "GST Trust"). The Reporting Person's spouse is the trustee of the GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F9: These shares are held by the JGS 2018 Irrevocable Non-GST Trust (the "Non-GST Trust"). The Reporting Person's spouse is the trustee of the Non-GST Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F10: These shares are held by a grantor retained annuity trust (the "GRAT"). The Reporting Person is the trustee and the beneficiary of the GRAT.

F11: These shares are held by the Joshua G. Silverman 2019 Irrevocable Children's Trust (the "2019 Trust"). A family member of the Reporting Person is the trustee of the 2019 Trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

F12: These stock options are part of a grant that vested as to 25% on May 4, 2018 with the remainder vesting in 36 equal monthly installments.

F13: Represents restricted stock units which correspond 1-for-1 with common stock.

F14: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2022, provided the Reporting Person remains continuously employed on each vesting date and has no expiration date.

F15: The restricted stock units vest in 8 equal semi-annual installments, beginning on October 1, 2023, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.

F16: The restricted stock units vest in 16 equal quarterly installments, beginning on July 1, 2024, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.

F17: The restricted stock units vest in 12 equal quarterly installments, beginning on July 1, 2025, provided the Reporting Person remains continuously employed on, or becomes retirement eligible prior to, such vesting date and has no expiration date.