Etsy Reports Director Changes and Officer Appointments
Ticker: ETSY · Form: 8-K · Filed: Jun 18, 2024 · CIK: 1370637
| Field | Detail |
|---|---|
| Company | Etsy Inc (ETSY) |
| Form Type | 8-K |
| Filed Date | Jun 18, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-appointment, director-election
Related Tickers: ETSY
TL;DR
Etsy's board is shaking up: new directors elected, some officers appointed, and old ones leaving. Big governance changes happening.
AI Summary
Etsy, Inc. filed an 8-K on June 18, 2024, reporting on several key events that occurred on June 13, 2024. These include the departure of a director, the election of new directors, the appointment of certain officers, and updates to compensatory arrangements. The filing also covers amendments to its articles of incorporation or bylaws and the submission of matters to a vote of security holders.
Why It Matters
Changes in board composition and executive appointments can signal shifts in company strategy or governance, potentially impacting future performance and investor confidence.
Risk Assessment
Risk Level: medium — Changes in leadership and governance can introduce uncertainty and affect strategic direction, warranting close monitoring.
Key Numbers
- 001-36911 — SEC File Number (Identifies Etsy's filing with the SEC.)
- 20-4898921 — IRS Employer Identification No. (Etsy's tax identification number.)
Key Players & Entities
- Etsy, Inc. (company) — Registrant
- June 13, 2024 (date) — Date of earliest event reported
- June 18, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 117 Adams Street, Brooklyn, New York 11201 (address) — Principal executive offices
FAQ
Who departed from Etsy's board or officer positions?
The filing indicates the departure of a director, though the specific name is not detailed in the provided text snippet.
Were new directors elected to Etsy's board?
Yes, the filing explicitly states the election of directors as an item reported.
What is the exact date of the earliest event reported in this 8-K?
The earliest event reported occurred on June 13, 2024.
What is Etsy's principal executive office address?
Etsy's principal executive offices are located at 117 Adams Street, Brooklyn, New York 11201.
What other types of corporate actions are reported in this filing?
The filing also reports on amendments to articles of incorporation or bylaws, changes in fiscal year, and the submission of matters to a vote of security holders.
Filing Stats: 877 words · 4 min read · ~3 pages · Grade level 11.8 · Accepted 2024-06-18 16:12:47
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share ETSY The Nasdaq Glo
Filing Documents
- etsy-20240613.htm (8-K) — 43KB
- exhibit31.htm (EX-3.1) — 4KB
- a2024equityincentiveplan-f.htm (EX-10.1) — 113KB
- etsy-20240613_g1.jpg (GRAPHIC) — 52KB
- 0001370637-24-000037.txt ( ) — 433KB
- etsy-20240613.xsd (EX-101.SCH) — 2KB
- etsy-20240613_lab.xml (EX-101.LAB) — 22KB
- etsy-20240613_pre.xml (EX-101.PRE) — 13KB
- etsy-20240613_htm.xml (XML) — 3KB
03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On June 13, 2024, the Board of Directors approved the filing of a Certificate of Change of Registered Agent and/or Registered Office (the "Certificate of Change") with the Secretary of State of the State of Delaware to change Etsy's registered agent to United Agent Group Inc. and its registered office to 1521 Concord Pike, Suite 201, Wilmington, New Castle County, Delaware 19803. A copy of the Certificate of Change is attached as Exhibit 3.1 to this Report and is incorporated herein by reference.
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. The following is a description of each proposal that stockholders voted on at the Annual Meeting, as well as the number of votes cast. Proposal 1 - Election of Directors Each of the Class III director nominees to the Board of Directors was elected to serve until Etsy's 2027 Annual Meeting of Stockholders and until his or her successor has been elected and qualified or until he or she resigns, dies, or is removed from the Board of Directors. Director Name Votes For Votes Against Abstentions Broker Non-Votes Marla Blow 68,317,493 17,214,264 39,856 12,723,292 Gary S. Briggs 68,008,627 17,518,540 44,446 12,723,292 Melissa Reiff 66,203,328 19,328,150 40,135 12,723,292 Proposal 2 - Advisory Vote on Named Executive Officer Compensation Stockholders approved, on an advisory basis, the compensation of Etsy's named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 50,582,890 34,881,064 107,659 12,723,292 Proposal 3 - Ratification of the Appointment of Independent Registered Public Accounting Firm Stockholders ratified the appointment of PricewaterhouseCoopers LLP as Etsy's independent registered public accounting firm for the fiscal year ending December 31, 2024. Votes For Votes Against Abstentions 96,960,953 1,260,787 73,165 Proposal 4 - Vote to approve our 2024 Equity Incentive Plan Stockholders approved Etsy's 2024 Equity Incentive Plan. Votes For Votes Against Abstentions Broker Non-Votes 53,575,118 31,918,221 78,274 12,723,292 2
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.1 Certificate of Change of Registered Agent and/or Registered Office 10.1 2024 Equity Incentive Plan 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ETSY, INC. By: /s/ Colin Stretch Colin Stretch Chief Legal Officer Dated: June 18, 2024 4