Etsy Executive Chair Josh Silverman sold 22,881 shares of Etsy on July 15, 2026, for a total of $1.9 million. The transaction was executed under a prearranged Rule 10b5-1 trading plan adopted in November 2025 and involved a cashless exercise of stock options with a strike price of $10.62 per share, followed by an immediate sale at a weighted-average price of $84.00. Following the sale, Silverman directly holds 139,884 shares and retains indirect ownership of approximately 228,000 shares through various trusts, including the JGS 2018 Irrevocable GST Trust and the Joshua G. Silverman 2019 Irrevocable Children's Trust. The sale reduced his direct holdings by 14% but represents only 6% of his total equity position when including shares from the option exercise. Etsy shares had returned 54% over the prior 12 months at the time of the transaction.
Etsy, Inc.Insider sale by executive chair, but executed under a prearranged plan and represents a small portion of total holdings; no material impact on company fundamentals.