Stock-Based Compensation |
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| Stock-Based Compensation | Note 14—Stock-Based Compensation 2024 Equity Incentive Plan During the three and nine months ended September 30, 2026, the Company granted restricted stock units (“RSUs”), including financial performance-based restricted stock units (“Financial PBRSUs”) and total shareholder return performance-based restricted stock units (“TSR PBRSUs”), and long-term cash awards (“LTC awards”) under its 2024 Equity Incentive Plan (“2024 Plan”). LTC awards are not included in the stock-based compensation awards disclosures below. In June 2026, the Company’s stockholders approved an amendment to increase the number of shares available for issuance under the 2024 Plan by 3,824,088 shares. At September 30, 2026, 23,104,150 shares were authorized under the 2024 Plan and 9,669,426 shares were available for future grant. 2024 Inducement Plan The Etsy, Inc. 2024 Inducement Plan (the “2024 Inducement Plan”) was terminated on March 6, 2026, and no further awards will be granted thereunder. Stock-Based Compensation Awards The following table summarizes the activity for the Company’s unvested RSUs under the 2024 Plan and the 2024 Inducement Plan, which includes Financial PBRSUs and TSR PBRSUs, and includes awards related to continuing and discontinued operations, during the nine months ended September 30, 2026 (in thousands, except per share amounts):
The total unrecognized compensation expense at September 30, 2026 related to the Company’s unvested RSUs, including the Financial PBRSUs and TSR PBRSUs, was $312.9 million, which will be recognized over an estimated weighted-average amortization period of 2.11 years. Stock-based compensation expense included in continuing operations in the Consolidated Statements of Operations for the periods presented below is as follows (in thousands):
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